06/21/2023 Live Update

[Cobra]

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Double bottom or not, wait and see.

[Al_Dente]

Powell will answer questions from the Senate Banking Committee at 10 AM ET and appear before the House Financial Services Committee on Thursday.

[Al_Dente]

Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go
https://www.cnbc.com/2023/06/21/powell- ... to-go.html

[Cobra]

Members only update at 10:03 am
http://www.cobrasmarketview.com/2023/06 ... ay-update/

[Al_Dente]

Powell testimony begins
(Does anyone have a link?)

[Al_Dente]

SPY testing neckline of H&S, cyan
60min

[Cobra]

Bulls were rejected at ema20 which has been rare, now let's see whether bulls can make a higher low or double bottom.

[Trades w 2 Cats]

Couldn't see what was going on with 60 minute barsn so i added 20 minute bars inside.
Still working in that ABC down. If that was the B yesterday afternoon then U can sort of pick out the 3 wave up . It also just barely made the fib level for completion

[JFR]

ES daily.

The pullback continues.

The EMA 20 is within view.

[JFR]

ES 60 minutes.

Slip sliding down the slope.

Today it has moved down through the Pivot and S1, where it finds some support.

[JFR]

QQQ is leading the way south, followed by IWM and SPY.

DIA is breaking even.

15 minutes.

[Cobra]

Guess the low was in for today.

[JFR]

Alternative markets.

Down: GLD IYR SPYG SPYV TLT UUP

Up: DBC USO

[te_fern]

Stockcharts pricing looks wacky to me...

[JFR]

A number of Home Construction stocks doing well today, along with a Building Materals company, BLDR.

DFH still doing very well. Posted on here yesterday.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2023/06 ... ay-update/

[jaguar6992]

"Currently, our data vendor is experiencing a technical issue that is causing some quotes to be delayed. We have made them aware of the issue and they currently are working to resolve the problem as quickly as possible."

From stockcharts support. Of course, per usual, they don't bother to inform customers that there is an issue.

[te_fern]

Thanks for the info Jag!!

[jaguar6992]

You're most welcome. I love stockcharts and rely on it. But man, there is just no excuse for not informing users when there is an issue.

[te_fern]

I agree! Glad I hadn't put on any trades based on the faulty data!! Thx again!