02/20/2026 Live Update

[Cobra]

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Revisiting the previous low, higher low or not, wait and see.

[Cobra]

Members only update at 10:13 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Nothing to say, market acting on court ruling, wait for the dust to clear:

The Supreme Court of the United States has officially ruled that President Trump's tariffs are illegal, in a 6-3 ruling.

[Cobra]

Don't think it'd be double top (red arrows) here, I think bias is up, but let's see.

[Cobra]

Hmm, it's a double top. This bear shall have legs.

[Cobra]

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

[Cobra]

Probably it's a symmetrical triangle or range as triple top has been rare.

[Trades w 2 Cats]

I see a volume node at 6,870, we will see what happens soon enough.

[Trades w 2 Cats]

VPOC at 6,900. Yesterday options bull bear line was 6,890. Seems like that area is important. So I guess it could be tested again from below.

[Cobra]

For now it's a range, assume the blue lines are the high and low.

[Trades w 2 Cats]

Its show time.

[Cobra]

Range still holds, but if the current pullback cannot go far, the coming rebound probably will break the range high.

[Cobra]

Members only update at 3:31 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:52 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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/ ... /533449377