Back to www.cobrasmarketview.com

   

06/10/2021 Live Update

Re: 06/10/2021 Live Update

Postby Al_Dente » Thu Jun 10, 2021 10:58 am

XLF lower lows
30min
610xlf.png.jpg
User avatar
Al_Dente
 
Posts: 26062
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 10:59 am

Failed bid up auction 3rd morning.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby JFR » Thu Jun 10, 2021 10:59 am

MRK and SFM doing well. Later ...


2021-06-10_07-57-51.png
User avatar
JFR
 
Posts: 5936
Joined: Sun Dec 02, 2012 7:24 pm

Re: 06/10/2021 Live Update

Postby Al_Dente » Thu Jun 10, 2021 11:03 am

Bottom panel is FOUR HORSEMEN
Daily, 20ema RSI-5
610day2.png.jpg
User avatar
Al_Dente
 
Posts: 26062
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 11:05 am

Okay, next setup. resistance is clear now, a LL will make today a down trend day.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby Trades w 2 Cats » Thu Jun 10, 2021 11:11 am

Pick-up trucks.

As we knew in advance our 4 liter engine in our elderly Land Rover was not up to the task of hauling our new 7,500 lb Airstream so we went shopping for a pick-up truck after the first of the year. Gave up after two months and bought a used SUV with 5.6 liter V8 as an interim solution while we wait for Detroit to get it's act together. Son-in-law sold the Land Rover for us 20% over what the Blue Book said we should get.
Trades w 2 Cats
 
Posts: 474
Joined: Tue Dec 15, 2020 3:48 pm

Re: 06/10/2021 Live Update

Postby Al_Dente » Thu Jun 10, 2021 11:21 am

Internals
Note how bullish the QQQ options traders are (gray dash behind top panel)
610int.png.jpg
User avatar
Al_Dente
 
Posts: 26062
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/10/2021 Live Update

Postby Al_Dente » Thu Jun 10, 2021 11:30 am

Al_Dente wrote:..........Note how bullish the QQQ options traders are (gray dash behind top panel)

You could see that on your 5min chart when QQQ went LL and call buyers printed a positive diverg
610five qqq.png.jpg
User avatar
Al_Dente
 
Posts: 26062
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/10/2021 Live Update

Postby Cobra » Thu Jun 10, 2021 11:34 am

The action so far says it's a range day, neither slow bull day nor downtrend day. Probably the low was in for today.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 50322
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 11:43 am

same playbook, no new LL from here then it's a range day.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby Cobra » Thu Jun 10, 2021 12:15 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 50322
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 1:29 pm

Bear option is not available. :cry: Bulls turn first.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby JFR » Thu Jun 10, 2021 1:31 pm

https://www.marketpulse.com/20210610/in ... d-extends/

Investors shrug off hot CPI report, fresh record highs


2021-06-10_11-02-23.png
Last edited by JFR on Thu Jun 10, 2021 2:04 pm, edited 1 time in total.
User avatar
JFR
 
Posts: 5936
Joined: Sun Dec 02, 2012 7:24 pm

Re: 06/10/2021 Live Update

Postby Cobra » Thu Jun 10, 2021 1:34 pm

The pullback will be bought.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 50322
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/10/2021 Live Update

Postby JFR » Thu Jun 10, 2021 1:55 pm

SPY 5. Getting squeezed by resistance and the EMA 20.


2021-06-10_10-53-53.png
User avatar
JFR
 
Posts: 5936
Joined: Sun Dec 02, 2012 7:24 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 2:12 pm

Daily 2x top setup is on. for right or wrong tomorrow will tell. see the past recent 2x top sell setup. for intraday, no new HH will still result in negative price action, will see on that.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 2:15 pm

Intraday, a failure to hold up above 4238 will result in negative price action that could bring the market down following day. so....bulls will need to keep this up and up and up to new HH.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 2:46 pm

:shock: Houston over......over
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby BullBear52x » Thu Jun 10, 2021 3:13 pm

Back on sell mode now.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25476
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/10/2021 Live Update

Postby Trades w 2 Cats » Thu Jun 10, 2021 3:29 pm

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_06_10 (2_28_17 PM).png

Decision time !
Trades w 2 Cats
 
Posts: 474
Joined: Tue Dec 15, 2020 3:48 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 5 guests