Cobra's Market View

The green composite is regular Chicago trading hours (3:15 Central Close) from July 1 to current. It says market is on a ledge and could have a Wile E Coyote moment. Beeb Beeb

this bear may have legs.

Cash SPX Fib.

VWAP, What a surprise, it is between Bull Bears 61 and 50 % fibs, where price is currently pausing.

"On Amazon Prime Day, searches for eBay, Best Buy, Walmart and Target soared 255%"
https://www.marketwatch.com/story/on-am ... =rss&rss=1

Pasta Boss, Are you saying Amazon is past it's Prime?

The first Red EIS candle ( Elder Impulse System) will have a dead cat bounce effects tomorrow? Also when MACD histogram crossed, the reaction is very strong, Which is now.

once again it's bear's last chance here.

Daily internals; bears got 4 checked, after the market today will be more clear after the after market data update.

Trades with cats wrote:Pasta Boss, Are you saying Amazon is past it's Prime?

flirting with last week open, well, bearish engulfing on the weekly candle is in play, will it or will it not. tomorrow will tell.

new to me:
If you hit the paywall on Bloomberg news, try the Canadian version, it appears to be free (?)
https://www.bnnbloomberg.ca/

GDX has 45 holdings. These are the largest percentage weightings, as of today
Newmont Goldcorp Corp (NEM) 11.52%
Barrick Gold Corp (GOLD) 10.53%
Newcrest Mining Ltd (NCM:AUX) 6.17%
Franco-Nevada Corp (FNV) 5.90%
Wheaton Precious Metals Corp (WPM) 4.95%
Agnico Eagle Mines Ltd (AEM) 4.95%
Kirkland Lake Gold Ltd (KL:TOR) 4.69%
AngloGold Ashanti Ltd (AU) 4.31%
Royal Gold Inc (RGLD) 4.18%
Northern Star Resources Ltd (NST:AUX) 3.07%
Evolution Mining Ltd (EVN:AUX) 2.96%
Kinross Gold Corp (KGC) 2.90%
Compania de Minas Buenaventura SAA (BVN) 2.58%
Gold Fields Ltd (GFI) 2.50%

New movie “HUSTLERS”
Inspired by a true story.
Jeniffer Lopez and her her band of strippers drug and rob Wall Street clients.
“It’s certainly a period piece … about 2007 and 2008 and the financial crisis, and how it changed this industry — and these women.”
Out in September.
TRAILER HERE:
https://www.marketwatch.com/story/bros- ... =rss&rss=1

Breaking:
FED Williams
“Keep interest rates lower for longer”
(dove gets more dove)

vol surge so might be a little pullback here first which likely would be bought. I think the low was in for today.

SMALLS 15min
TNA is being a little bitch. Keeps back-testing the box break. Grrrrrrrrrr.
If/when traders think that break is a TRAP, they’ll cover their shorts and may squeeze it back up to the top line of the box.

Thursday July 18 after the close: MSFT, ETFC
Friday July 19 before the open: AXP
Also tomorrow is Opex

entering first sell the rip on 5 min. until this one fails will bulls roam again in short term spectrum.