07/07/2026 Live Update

[Cobra]

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Lower high or not, wait and see.

[Cobra]

Members only update at 10:02 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

This bear shall have legs.

[Trades w 2 Cats]

I have Thursday's VPOC at 7,533.50, so the decent should be slowing.

[Trades w 2 Cats]

Sure looks like trade of the day. Complete reversal of Friday Globex and Hurray its Monday action in the Opening Range.

[JFR]

SPY 5 minutes.

Crash. Boom. Bah. Down she goes.

Searching for a bottom.

[Trades w 2 Cats]

tagging regular hours VWAP at 7554, first test of the bulls.

[Cobra]

Possible double bottom (green arrows) but probably still need a higher low (dashed blue line) for a solid bottom.

[Cobra]

Members only update at 12:13 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Trades w 2 Cats]

Converging on a single point.

[Cobra]

Breakout on the upside should be more likely.

[Trades w 2 Cats]

Dropped like a rock for the second time today. Dealers harvesting retail 0 DTE premium in 5 minutes ?

[Cobra]

Members only update at 3:28 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:53 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381