01/21/2026 Live Update

[Cobra]

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For now it's a 3 push down (red arrows) therefore some chances that the low might be in. Sometimes the coming revisit would be a slightly lower low though.

[Cobra]

Members only update at 10:02 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

This bull shall have legs.

[Cobra]

Yesterday's high now is the resistance, let's see whether bulls can break it. Normally should at least a consolidation along the resistance before actually breaking it. QQQ already broke it though.

[Trades w 2 Cats]

Looking like the three push up is over for now.

[Cobra]

Didn't expect the pullback could be all the way to the ema20. Now let's see whether the EMA20 can hold the pullback. Generally the pullback should bought though.

[Cobra]

This bear shall have legs. Now we know someone is selling big around the yesterday's high, as today the rebound was stopped there as well.

[Cobra]

Members only update at 12:00 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Trades w 2 Cats]

El Zoro is outside watching birds (cold morning here in the desert, only 60 degrees) so I can say without him getting upset, this sure looks like a dead cat bounce!

[Trades w 2 Cats]

Two day volume profile

[JFR]

ES daily.

Fake out up. Fake out down. Going nowhere.

[JFR]

ES 5 minutes.

But on the day trade scale, a good move up and a good move down.

[Cobra]

For now the rebound looks like a bear flag.

[Cobra]

Well, must be someone said something.

[Cobra]

Members only update at 3:30 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 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