07/12/2018 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.

=============================================================================================================================================================================

lower high or not, wait and see.

[QED]

.
The S&P Futures Fakeout: Down at Dawn, Up at Noon, Then a Fade

https://www.bloomberg.com//news/article ... hen-a-fade
.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/07 ... ay-update/

[fehro]

mind the morning gap SPX .. .VIX active in premarket

[Trades with cats]

ES seems to have gotten down to the congestion zone from last night.

[fehro]

INdexes RUT weakest

[Trades with cats]

If RUT weak then is the squeeze over? ES 2794 seems to be in the zone of out of juice lately.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/07 ... ay-update/

[Trades with cats]

Noting that market first entered this congestion zone at 7 AM eastern.
Would also note we just retraced and repeated Euro zone open to NY open in 30 minutes.

[fehro]

.. market always humbles you.. after yesterday's comment.. "stacked H&S" … "reliable" ..

[Cobra]

it's morning hourly filled black bar. implication is on the top right of the chart itself.

[fehro]

mind the morning gap SPX .. .VIX active in premarket

[Trades with cats]

chewing into resistance. Resting orders at OR high not overnight high.

[fehro]

NDX nATH not COMPQ

[Trades with cats]

Order book getting bigger at ES 2792 and 92.50 . Sell orders coming in at 2791 two minutes after they were cleared out.

[MrMiyagi]

LET'S GO NASDAQ GIVE US A NEW ALL TIME HIGH DAMMIT

[Trades with cats]

5th try since 7 am for the ES.

[Trades with cats]

Yes, higher bar breakthrough.

[Cobra]

possible uptrend day, at least this bull may have legs.

[Al_Dente]

re: trade wars
note AMKBY
Maersk is the world's largest shipper
(no volume: not for trading... just for eyeballing)