Cobra's Market View

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Possible double bottom, the pullback might be over. Possible range day.

Members only update starts here: http://www.cobrasmarketview.com/2020/07 ... ay-update/

Make a new day high in the next couple of bars with strong bull bars then it'd could be an uptrend day (unlikely) which I'll treat it as a range day anyway because it'd be within the yesterday's range.

McClellan:
Traders Chase QQQ, “The Only Thing Working”
https://mail.google.com/mail/u/0/#inbox ... HDnmZzdZRV

Summer doldrums

QQQ SELLING < 262.28

SPY SELLING < 316.12

red close ?

Heck wrote: ?

When you post this, are you asking, suggesting, or predicting whether it will?

"Fed adds Apple, Walt Disney and other bonds to credit portfolio"
https://www.reuters.com/article/us-usa- ... SKBN24B2A5

Testing day high, 51% chances of breakout. So far I'm still not sure whether it's a range day or uptrend day therefore hard to call.

Just a quick reminder, we are never going down again !

Testing yesterday's high now, still hard to call and this is why when within the last trading day's range I always treat it as a range day which means no chase.

ES daily. In a tight base, at the EMA 20.

SPY 5. Moving on up.

Dow 30. A sea of green. Led by JPM, GS, BA and DOW (Dow Holdings).

jademann wrote:Just a quick reminder, we are never going down again !

Mr Miyagi ?

Dow jumps 300 points on positive coronavirus treatment news, Goldman Sachs leads

Uh huh

QQQ SELLING < 264.12 edit

SPY SELLING < 317.85 edit

ES 5. At resistance. Up 22 points over yesterday's "close."