06/10/2026 Live Update

[Cobra]

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 [email protected].

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

50% chances of higher low here (aka the low was confirmed in). The CPI data probably will determine today's tone.

[BullBear52x]

Inside day: same playbook.

[Cobra]

Members only update at 10:05 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

It's a morning hourly hollow red

[BullBear52x]

The battle of /ES 7400 round number, a trade higher will take us up to 7470ish

[Trades w 2 Cats]

CPI number was not a surprise to the market. Samatha LaDuc posted on X the chart showing the funds taking a large short position on the overnight treasury borrowing rate. QQQ Gamma is negative, haven't seen anything on ES but I am guessing similar.

[BullBear52x]

very bearish under 38.2%

[Cobra]

Testing day low, decisive breakout would be bad, key time.

[BullBear52x]

Swing buy setup, very fast-moving market. new box, make or break.

[Cobra]

Members only update at 12:03 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[JFR]

SPY 15 minutes.

Tuesday had a lot of action.

Today is much more subdued.

[Cobra]

Nothing to say, stuck in a range, waiting for the breakout either up or down.

[JFR]

ZION Zions Bancorporation.

Founded in 1873. HQ in Salt Lake City.

Even on a down day, some stocks are making new highs and breaking out.

I love the bank stocks, but this one is somewhat new to me, although it has been on my extended watch list for a long time.

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah. -- StockCharts

[BullBear52x]

Weak, looking down to the very bottom, swing buy failed.

[BullBear52x]

overall, it's still an inside day. too choppy for my liking. Peace!

[JFR]

Diversified portfolio ETFs.

One month % change.

Down. DBC GLD

Up. SPY QQQ UUP

Flat. IYR TLT USO

[Cobra]

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

[Cobra]

Members only update at 3:55 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387