08/13/2020 Live Update

[Cobra]

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No idea up or down from here. Possible range day.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2020/08 ... ay-update/

[Heck]

SPY SELLING < 338.12 edit

https://stockcharts.com/public/1684859/ ... /533449513

[marcueus3]

Today is crucial to make LH or else there will be a problem

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2020/08 ... ay-update/

[Al_Dente]

Robinhood hiring ‘hundreds’ in job ramp-up
Recently, Robinhood has grown growth explosively. The company leapfrogged TD Ameritrade, Interactive Brokers, Charles Schwab and E*Trade, which is being acquired by Morgan Stanley, in Daily Average Revenue Trades, known as DARTS for short, which hit 4.31 million as reported by Bloomberg.
https://www.foxbusiness.com/markets/rob ... ob-ramp-up

[Heck]

AMZN SELLING < 3217.52

Cuts more than 1,200 delivery contract jobs

[Heck]

AAL SELLING < 13.90

American Airlines drops routes

[Heck]

red close ?

[Cobra]

Consolidation, bias is up.

[Cobra]

Probably will test the yesterday's high. Breakout would have some chances being an uptrend day but to me it's too late, it'd be a range day to me anyway.

[Heck]

NAMO Falling Since April 2020
https://stockcharts.com/freecharts/gallery.html?%24NAMO

[Cobra]

Members only update at 12:05 pm
http://www.cobrasmarketview.com/2020/08 ... ay-update/

[Al_Dente]

Today is the 88th day [CORRECTION: TODAY IS THE 89TH DAY] of the QQQ short term up-trend
(the longest since 2006 is 91 days reached on 2/24/2020,
and ya'll know what happened thereafter)
[According to the ribbon man, Wishing Wealth]

[Al_Dente]

Here’s how Robinhood is raking in record cash on customer trades
https://www.cnbc.com/2020/08/13/how-rob ... -free.html

[Heck]

Peace Breaks out after Beirut Bombing

Sell the News ?

https://www.youtube.com/watch?v=kAl-FxYlVeU

Market red

New lows by close ?

[Cobra]

Testing the morning low, hopefully it's the range low. Consolidation here instead of rebound would mean another leg down, watch.

[Heck]

Iranian Forces Board Tankers in the Strait of Hormuz

France Deploys Jets, Warship To East Mediterranean Amid Turkey Gas Tensions

[Heck]

U.S. seizes $2 million from more than 300 cryptocurrency accounts used by terror groups

IN case we were wondering about safety and security

SLV Target + 138 %
From 24.57 to 58.5

[Heck]

Testing the morning low, hopefully it's the range low. Consolidation here instead of rebound would mean another leg down, watch.

Appreciate your profitable trading insights Cobra