07/08/2026 Live Update

[Cobra]

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Generally the rebound would be sold, at least a higher low is needed for a bottom.

[Cobra]

Members only update at 10:03 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

It's a morning hourly hollow red bar

[Trades w 2 Cats]

Slow chart showing 3 ATR range so far, but volatility is increasing. At this point shifting from netral to a down day, but not very convincing.

[Cobra]

Members only update at 12:03 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Broke the EMA20 is the first sign toward a bottom, usually a revisit is needed as illustrated by dashed blue line.

[Trades w 2 Cats]

VWAP and 7.500 in alignment and the 50% level on today's rage.

[Cobra]

Testing day high, key time. Better a little pullback or consolidation before the breakout.

[JFR]

SPY 5 minutes.

Gap down and go, for openers.

Finds a bottom. Recovery.

The volatility pattern we have seen much of for a few months.

[Cobra]

Members only update at 3:33 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:50 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