05/12/2026 Live Update

[Cobra]

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The pullback overnight probably will be bought somewhere.

[Cobra]

Members only update at 10:15 AM
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Trades w 2 Cats]

On Balance volume dropping since yesterday high. Guessing the full impact of the inflation and interest rate cost of the war is starting to be factored in.

[Trades w 2 Cats]

Solid looking channel so far.

[Cobra]

So far looks like a downtrend day.

[Cobra]

Members only update at 12:10 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Double bottom or not, wait and see.

[Cobra]

Strong rebound, maybe the low was in for today?

[JFR]

SPY 5 minutes.

The bulls wake up.

[JFR]

SPY 15 minutes.

Mostly up the last 3 days.

...........

But some bad news, of which there is plenty, gave a quick temporary retreat.

[Cobra]

Members only update at 3:35 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:52 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