07/09/2020 Live Update

[Cobra]

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I see nested C&H so bias is up. Possible range day.

[Heck]

SP.1 Sep Fut SELLING < 3,170.75

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/07 ... ay-update/

[JFR]

ES daily. Forming a base, near the top. Inside bar so far.

[JFR]

ES 5. Crash. Down to yesterday's close.

[JFR]

Dow 30. More red than green. CSCO, MSFT and WMT at the top. WBA down 6.67%. The usual suspects, RTX, BA and DOW (Dow Holdings) also down.

[jademann]

I didn't realize until late last night that earnings have already started. I thought the season started with AA..
https://finance.yahoo.com/quote/BBBY?p= ... c=fin-srch

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2020/07 ... ay-update/

[Heck]

New Lows Bro's

Thar she goes

[te_fern]

First bounce...

[te_fern]

Knife thru butter. Was away, so I couldn't take advantage of it....

[Cobra]

Testing yesterday's low.

[Pauthi]

Any news why we go down?

[Al_Dente]

Still buying the pink

[Cobra]

No sharp rebound in the next couple of bars then it's a downtrend day.

[Al_Dente]

options traders
buying puts

[Al_Dente]

news, why?
SCOTUS decision against potus

[Al_Dente]

only game in town, QQQ/Fangs+, as usual

[Al_Dente]

AAPL retail stores have arguably become something of a barometer for how the pandemic is affecting different parts of the country.
Apple has currently shuttered roughly a third of its US stores
https://twitter.com/jessefelder/status/ ... 60/photo/1

[Al_Dente]

... a boom in retail trading.
Online brokerages have reported a record number of new accounts and a big uptick in trading activity.
People are bored at home ...
... A big draw appears to be options trading
https://www.vox.com/business-and-financ ... -robinhood