Page 1 of 1

06/16/2026 Live Update

Posted: Tue Jun 16, 2026 8:15 am
by 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].
===============================================================================================================================

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

0.png

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 9:24 am
by Trades w 2 Cats
ES 09-26 (6000 Tick) 2026_06_16 (9_16_38 AM).png
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.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 9:50 am
by BullBear52x
Same playbook, different day.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 10:03 am
by Cobra

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 10:18 am
by Trades w 2 Cats
ES 09-26 (2000 Tick) 2026_06_16 (10_15_43 AM).png
Wow, a 4 ATR range so far. Should be an outside in mean reversion type day but it is too slow!

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 10:34 am
by Trades w 2 Cats
ES 09-26 (2000 Tick) 2026_06_16 (10_32_25 AM).png
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.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 10:39 am
by BullBear52x
This dip will be bought, first thing first.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 10:45 am
by BullBear52x
New box, make or break.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 12:42 pm
by 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!

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 12:43 pm
by 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.

0.png

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 12:49 pm
by BullBear52x
Chart for the road: Overall moods are good and bullish. sellers beware unless the RED line is taken down precisely.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 2:15 pm
by Trades w 2 Cats
getting interesting. Clear double bottom but looks like we could test it again, or not!
ES 09-26 (2000 Tick) 2026_06_16 (11_50_39 AM).png
Helps if I put up the correct chart!

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 3:29 pm
by Trades w 2 Cats
ES 09-26 (2000 Tick) 2026_06_16 (3_25_28 PM).png
Dropped to the 3 standard deviation line off of VWAP. Could have been something with 0DTE options.

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 3:35 pm
by Cobra

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 3:52 pm
by Cobra

Re: 06/16/2026 Live Update

Posted: Tue Jun 16, 2026 3:53 pm
by 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