07/02/2019 Live Update

[Cobra]

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no idea up or down from here.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/07 ... ay-update/

[JFR]

Flat opening from yesterday's close. But now going for a plunge.

[JFR]

Finding some buyers.

[JFR]

Some DOW leaders down. VZ and CSCO up.

Back later ...

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/07 ... ay-update/

[Cobra]

I see pennant, so breakout on the upside is more likely.

[daytradingES]

At the open my dir = 0, deadflat and therefore no point posting H/L estimates.
at open 2971.25 - 2953.75

There was a triangle which now 9:30 broken to the upside. It could be a false breakout. If it is real then H/L
2976.25,
2957.25

Though the rng est is 17.50 it may be less - sort of pre 4 July no one really knows, china-trade-talks upgap of Sunday closed and now where? I don't feel there is any real conviction and expect the choppy sideways concept for today.

[Cobra]

bias may still be up. since it's within the yesterday's range so I treat it as a range day regardless.

[Daniel]

Note that in Cobra's last two posts his comments (and the chart itself) are for today, but the StockCharts numbers/graphics in the bg are from yest.

IWM hitting a new LOD (and undercutting yest's low), even as QQQ tests its HOD.

[Trades with cats]

New high because I am guessing semis are on fire.

[Trades with cats]

ES parabolic up move now taking the stairs back down.

[Trades with cats]

Note over 600 buy in the order book at what someone thinks is the prior swing low.

[Trades with cats]

And the hard drop completes the third phase of a parabolic move. So we are doing more or less symmetrical up and down moves today. No idea what that may mean.

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2019/07 ... ay-update/

[Al_Dente]

we need a “safe haven” = NUGT
we don’t need no stinkin’ “safe haven” = DUST

[BullBear52x]

Gap and No go from yesterday is still in play, bearish bias under 69.

[BullBear52x]

A test of yesterday's low will tell how the reaction will play out.

[BullBear52x]

AD line not supporting this run up since yesterday, Gap shall be filled on cash index........

[BullBear52x]

Cash index fib.