Cobra's Market View

If there will be a down trend day, this is it.

BullBear52x wrote:If there will be a down trend day, this is it.

will help. more down 4100 coming. USA needs Iran oil deal. otherwise, might get worse...

Possible higher low, maybe the low was in for today.

Market doesn't know which gap to fill? up gaps or down gaps. nothing bullish for now.

Chart pattern: continue swing lows, 2x top for now.

normally, once I spot range day I stop trading. but since I will not be trading as much next month I just want to get my fixed in.....

Head Of JPM Cash Trading: I Currently Have Zero Sell-Short Orders...
https://www.zerohedge.com/markets/head- ... orders-all

I'm still calling for a rebound here. Sunday night futures gap fill remains unfilled. Doesn't matter how low they take it because I am 100% confident that gap fills, just a matter of waiting for it. That's called a "breadcrumb" and the big boys always leave a few behind to communicate where the profit is made.

SPY spuddling around = good balance between buy and sell orders
I hear people are waiting for Powell's Friday morning comments ?

SPY daily volume is PATHETIC so far.
But check it after the close

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381