07/20/2023 Live Update

[Cobra]

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Kind of head and shoulders top which mostly would fail anyway.

[JFR]

ES daily.

Hitting the pause button at a new high.

Trend still up.

[JFR]

ES 60 minutes.

After 3 moves up, in a range.

Testing down beneath S1.

[JFR]

ES 5 minutes.

Down strong.

Beneath S1, looking for support at 4579.

[Al_Dente]

LAST NIGHT:
Netflix (NFLX) dropped over 8% AH on Wednesday on mixed earnings report and soft revenue guidance despite a ramp-up in new subscribers and a company pivot going according to plan.

Tesla (TSLA) shares were initially unchanged after the EV maker's numbers topped estimates, but the stock fell 4% after CEO Elon Musk hinted at more price cuts if market conditions become unstable

[JFR]

ES 5 minutes.

Who lit that firecracker?

[Al_Dente]

NFLX now down -7.31%
TSLA now down -4.09%

[JFR]

AFL

Aflac Insurance.

Posted five times on this site.

Pick your spots to enter.

[Cobra]

Members only update at 10:15 am
http://www.cobrasmarketview.com/2023/07 ... ay-update/

[Cobra]

It's a morning hourly hollow red

[Cobra]

Breakdown to the new day low in the next couple of bars then it's a downtrend day. Typically, the low might be in or close though.

[Cobra]

Members only update at 12:06 pm
http://www.cobrasmarketview.com/2023/07 ... ay-update/

[Cobra]

Bears did better than usual. Now let's see whether the rebound could be sold. Typically it'd go all the way up though.

[BullBear52x]

Swing setup: last buy failed, negative price action yesterday has a follow through today. rips will be sold.

[BullBear52x]

Intraday: it is bearish that we have a swing low. a closed below the red line will keep the momentum rolling.

[BullBear52x]

Overall we have a change in change in trend. daily LL, some sort of top is at hands. Peace!

[Cobra]

Measured move down. Bears did good today so far.

[Serenity]

I hope this is not a fake move down, yesterday the high Yeild Index printed lower. It did not make U turn up yet for few days to give a direction. I think we stll have one tiny wave to finish upward trend.Defensive, XLV, XLP are moving but they are not very strong yet.

[Cobra]

I hope this is not a fake move down, yesterday the high Yeild Index printed lower. It did not make U turn up yet for few days to give a direction. I think we stll have one tiny wave to finish upward trend.Defensive, XLV, XLP are moving but they are not very strong yet.

Most likely it's a fake move down as bears have never been easy ever so if the top was in then it'd be too easy for bears.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2023/07 ... ay-update/