07/06/2026 Live Update

[Cobra]

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I don't remember I see a lower high (red arrow) then another lower high close by (blue arrow) so I think bias is up.

[JFR]

SPY 5 minutes.

Gap up.

[Cobra]

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

[Cobra]

So far looks like an uptrend day. The test is at the Friday's high, let's wait and see.

[JFR]

SPY 5 minutes.

Gap up and go.

[Cobra]

Members only update at 12:11 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[JFR]

NWG

Nice run in June.

The fundamentals are in line with good banks.

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lending, and personal deposits, as well as mobile and online banking services. Its Private Banking segment provides banking, lending, and wealth management products for high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses under business banking, commercial mid-market, and corporates and institutions; and offers banking operations services in the Channel Islands, Isle of Man, Gibraltar, and Luxembourg, as well as products and solutions for businesses comprising start-ups, corporates, and large institutions. The company was formerly known as The Royal Bank of Scotland Group plc and changed its name to NatWest Group plc in July 2020. NatWest Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom. -- StockCharts

[Cobra]

The pullback probably will be bought.

[Trades w 2 Cats]

Kaufman Adaptive Moving Average pulling back to the EMA and the EMA has moved to the 1 sigma level of the VWAP. Clearly the slow push up is at least taking a breather. Questioning if 7,600 is within reach today.

[Trades w 2 Cats]

Finding support in the high volume area just above VWAP. Not seeing the sort of move that would get us red on the day but not exactly a run away bull.

[Trades w 2 Cats]

Bounced off VWAP and clawed it's way to 7,600. Another positive Monday. Now will it hold or will we follow the recent pattern of the mid week selling.

I see how well the VWAP standard difference lines have contained today's action. No wild moves just steady back and forth.

[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 Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374

[Trades w 2 Cats]

Seems like as soon as the majority of 0 DTE options expire at 3:30 down we go.

I have read that most brokers force close 0 DTE's at 3:30 even thou the exchange closes them at 4:00.