05/18/2026 Live Update

[Cobra]

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Higher low (red arrow) so the low was in? Hmm, maybe not that simple?

[JFR]

SPY 5 minutes.

the bulls are awake this morning.

But, the market is more down than up today, includingbthe overnight.


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[Cobra]

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

[Cobra]

Members only update at 12:09 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

The buyers are reluctance even on Monday.

[BullBear52x]

Consolidate in time or in price remain to be seen. as of now, the mood is not bullish.

[Cobra]

The rebound is getting stronger, good sign but probably need another revisit before a bottom can be confirmed unless sharp up from here.

[BullBear52x]

Looking down, next reasonable short term supports.

[BullBear52x]

No fear, No bear! calm before the storm? $VIX will be the telltale signal. Peace!

[Cobra]

So far went as dashed blue line illustrated. The revisit low was larger than I thought so I honestly didn't expect the dashed black arrow rebound. Now I don't expect up much from here as the rebound looks like "someone said something".

[Cobra]

Members only update at 3:30 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 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