01/08/2026 Live Update

[Cobra]

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Triangle, so bias is a little bit down.

[BullBear52x]

Weak start, 5 DMA support area. might hold for intraday and rip will be sold from here on swing setup. Patience!

[Cobra]

Members only update at 10:00 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[grandeG]

Volume looks a little weak to me. See if we get any more.

[Trades w 2 Cats]

Looking like something is going on with the deep pockets crowd. Elevators up and escalators down. But pretty clear they are stopping the buying at very specific levels.

We are supposed to get SCOTUS on Tariffs on Friday and then next week kicks off earnings so you would expect some maneuvering by the big players.

[Cobra]

Members only update at 12:05 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

Intraday: new swing low, it is bearish bias. 38.2% will be next level to look out to. find excuse to sell until then....

[Cobra]

Boring market, nothing to say. Wildest-est guess it's a revisit of the day low then making a double bottom then rebound before the close?

[Cobra]

Members only update at 3:32 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:51 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397