Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.

=============================================================================================================================================================================

Possible higher low.

ES daily.

Lower high. Down to the support of a trendline. Beneath the EMA 20.

ES 60 minutes.

A lower range.

Pushing up against the resistance of the EMA 20 and the Pivot.

ES 5 minutes.

Up to the Pivot, where it hits the pause button.

"The Magnificent 7 drove 100% of S&P 500 returns from the start of the year until the end of May resulting in massive outperformance of the cap-weighted index
Stocks most overweighted by hedge funds:
Stocks most underweight by hedge funds:
https://seekingalpha.com/news/3997250-s ... _breakfast

Don't know what to comment so far. It's testing the day low and now rebounding which seems weak but it could change so hard to say. Overall, it's just a range day.

Consolidation, breakout to a new day high is more likely.

AAPL and AAPL volatility-inverted ($ONE:$VXAPL)
DAILY

Swing setup, buy triggered, new box. make or break?

Intraday: inside day, inside no man's land still. same playbook on bias.

Need to see new swing high at the least, with a positive turn on $BPSPX will be nice for a reversal, it's still put some warning signs on for bulls. caution! Peace!

Nomura's Charlie McElligott calls the VIX "nervous and squeezy".
https://www.zerohedge.com/markets/nervo ... vixplosion

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374