06/12/2020 Live Update

[Cobra]

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The rebound overnight for now looks like a bear flag. Huge gap up could be trend day either up or down but to me since it'll be mostly within the yesterday's range therefore resistances or supports every steps therefore I'll treat it as a range day.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/06 ... ay-update/

[marcueus3]

Lets see wether spx can make 3220 by the end of next week

[Heck]

SP.1 Sep Fut SELLING < 3,081.18
QQQ SELLING < 240.28 edit
$SPX SELLING < 3,088.23 edit
SPY SELLING < 309.08 edit
SQQQ BUYING > 8.38

[BullBear52x]

short term trend is down, first sell under 5 DMA. bears market is clear.

[BullBear52x]

Yesterday bulls got taken out to the field, shot, and left there to die. but no one know if it's dead or just badly wounded.

[BullBear52x]

Price support and resistance, technically speaking there is support up around here but fear is high to say it will hold.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2020/06 ... ay-update/

[Cobra]

It's morning hourly filled black bar

[Al_Dente]

Yesterday bulls got taken out to the field, shot, and left there to die. but no one know if it's dead or just badly wounded.

ALSO:
YESTERDAY
"Tech's big five lost nearly $270 billion in value in Thursday's market plunge” (CNBC)

[BullBear52x]

The hook pattern works at its best.

[BullBear52x]

The market like this will humble traders, lately it happen to be "Don't fight the Fed" crew

[Cobra]

Looks like it's waiting for the EMA20 to catch up. So far a range day seems very likely.

[BullBear52x]

either support here or down to 3033 for day trade target.

[Cobra]

Pullback to ema20 as usual, now key time, further down would be bad to bulls.

[BullBear52x]

I am sitting out now. break time......

[Cobra]

Not good, now test yesterday's low is likely.

[BullBear52x]

ES sept is not bad volume at all, I am trading sept 10 points differ in number to June, investing.com chart as posted here is based on June price. just saying. Peace!

[Heck]

red close ?

[BullBear52x]

It's FRIDAY FRIDAY FRIDAY FRIDAY