Cobra's Market View

SNAP and TWTR will be the first of the major ad-supported internet companies to report earnings after-the-bell today

Testing day high, doesn't looks like a double top here, might have a new range high.

We’ve been talking about this forever
Now MS weighs in again on the lousy breadth
"Weakest We've Ever Witnessed": Morgan Stanley Warns Crashing Breadth Will Result In "Material Correction"
https://www.zerohedge.com/markets/weake ... to+zero%29

ZH is calling my favorite analyst, Michael Wilson, chief equity strategist of MS, “ increasingly doom and gloomish …  who recently re-emerged as Wall Street's biggest bear "
(recall he’s been calling for a -10% to -20% drop for a while
his  year-end target is 3900

Sideways, this bulls are relentless. just to show the AD line was in a Negative zone all day today. sell day again tomorrow. Peace!

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397