07/30/2025 Live Update

[Cobra]

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Higher low or not, wait and see.

FOMC day has been mixed recently.

[BullBear52x]

intraday: same playbook.

[Cobra]

Members only update at 9:58 am
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

It's a morning hourly filled black bar

[Trades w 2 Cats]

Well there is a channel. Looks like we are slowly sinking into Fed.

[Trades w 2 Cats]

I prefer the scrolling tape (not equal bar spacing) on slow days so that you can "see" time.

[Cobra]

2 consecutive strong bull bars, maybe the low was in for today until 2 pm roller coaster show.

[Trades w 2 Cats]

As soon as I post something Mr Market says "wrong". Picture perfect channel breakout with bullish engulfing bar. 13 n Linear Regression Band shooting up above 21 n EMA, bars bunched together, just text book breakout.

[Cobra]

Members only update at 12:04 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Testing day high, the pullback so far looks like a bull flag so the chart favors bulls but the problem is the 2 pm roller coaster show, guess it'll go nowhere until then.

[JFR]

ES hourly.

Slowly climbing up.

The bulls never quit.

Some of those bulls will buy anything. Ha ha.

[JFR]

The index ETFs and Futures are up.

Led by the Russell 2000.

[JFR]

WDC. Western Digital Corporation.

Founded in 1970. HQ in San Jose, CA.

I posted it on here in 2022, and again in June of this year.

I am not digging deep to find out why it is doing so well. It is mostly charts for me.

And the chart is beautiful.

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the Americas, Asia, Europe, the Middle East, and Africa. Its products include internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. Its portfolio of technology and products addresses primary end markets, such as cloud, client, and consumer. The company sells its data storage devices and solutions through its sales personnel, dealers, distributors, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California. -- Yahoo Finance

[JFR]

ES 5 minutes.

Oops.

As Cobra would say; "Must be news."

[Cobra]

Generally the rebound should be sold.

[grandeG]

Looks like a five wave decline to me. Bounce coming up soon?

[Cobra]

Members only update at 3:30 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Members only update at 3:52 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387