06/16/2026 Live Update

[Cobra]

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Lower high or not, wait and see, 49% chances I say.

[Trades w 2 Cats]

I am stuck with just a lap top screen for the summer. I made some changes to compensate for the limited view compared to my 42 inch TV. I added John Ehler's Laguerre RSI at the top and Klinger's volume oscillator at the bottom.

Overnight looks pretty Gaussian on the volume profile. Matches up with what the options commenters are saying, so expecting another quiet day of suppressed action.

[BullBear52x]

Same playbook, different day.

[Cobra]

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

[Trades w 2 Cats]

Wow, a 4 ATR range so far. Should be an outside in mean reversion type day but it is too slow!

[Trades w 2 Cats]

Something broke. We are riding the 3 sigma deviation band down. Too soon to call it a down trend day but at this time it is looking like it.

[BullBear52x]

This dip will be bought, first thing first.

[BullBear52x]

New box, make or break.

[BullBear52x]

Short Holiday week, Opex, new Fed chair. best is doing less and be nimble. the line in the sand as of now. Harami inside day, anything goes.... see you next week. Peace!

[Cobra]

If the current bull bar finishes strong then we may have a higher low (green arrow) therefore the low was in for today. Key time. The current bull bar finishes weak, then more bull bars are needed.

[BullBear52x]

Chart for the road: Overall moods are good and bullish. sellers beware unless the RED line is taken down precisely.

[Trades w 2 Cats]

getting interesting. Clear double bottom but looks like we could test it again, or not!

Helps if I put up the correct chart!

[Trades w 2 Cats]

Dropped to the 3 standard deviation line off of VWAP. Could have been something with 0DTE options.

[Cobra]

Members only update at 3:34 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