05/06/2020 Live Update

[Cobra]

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Double top or not, wait and see.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/05 ... ay-update/

[Heck]

$SPX SELLING < 2,891.11
SPY SELLING < 288.46

[BullBear52x]

a trade below /ES 65, bears will have a home run.

[JFR]

SPY 5. A little bit up at the opening, and now down.

[mattchessen]

a trade below /ES 65, bears will have a home run.

You looking at orderflow? TicTok agrees, sort of:
https://twitter.com/TicTocTick/status/1 ... 34304?s=20
5/6 plan:

1. Look for shorts if open below 2865, targets 2796

2. Look for 2903 if open above 2865

13 hours to open and now 2855

[JFR]

SPY daily. PnF.

[BullBear52x]

A rejection on 61.8% on last leg will take us down much sooner.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2020/05 ... ay-update/

[BullBear52x]

For swing bears, I would be nimble above 2850 until we can trade lower to hold anything overnight. (bearish position)

[JFR]

SPY PnF. 5 minute.

[Cobra]

It's morning hourly filled black bar

[JFR]

SPY 5. Crassshhhh.

[Heck]

Red close ?

Asking for a friend who manages $4 T

[JFR]

Dow 30, bottom 10.

[Cobra]

It's the bear's last chance here at EMA20. I think the range low was in for today though.

[JFR]

Dow 30. Top 10.

[BullBear52x]

Market is always right, it wants to stay inside here today. BORING........

[JFR]

SPY 5. Strong move up.

[BullBear52x]

One more sell, last one today, no new LOD from here I will be signing out. Peace!