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06/24/2026 Live Update

Posted: Wed Jun 24, 2026 8:13 am
by Cobra
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Don't know whether the low was in or not, wait and see.

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Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 10:05 am
by Cobra

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 10:06 am
by BullBear52x
Inside day. anything goes....

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 11:05 am
by BullBear52x
This rip will be sold, first thing first. not yet trigger.

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 12:02 pm
by Cobra

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 12:38 pm
by Cobra
The 60 min chart is clearer that the rebound was rejected by EMA20. Bulls probably will try again, let's wait.

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Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 12:46 pm
by BullBear52x
Line of resistance is clear, bears are still in charge.

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 1:08 pm
by BullBear52x
/ES round number 7400 :geek: :arrow: :idea: :mrgreen:

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 1:18 pm
by Trades w 2 Cats
ES 09-26 (2000 Tick) 2026_06_24 (1_14_35 PM).png
Really strong support tested at night, tested early and now tested again. Expect that id it breaks it will be tested from below.

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 1:29 pm
by Cobra
This bear shall have legs.

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Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 1:34 pm
by Trades w 2 Cats
ES 09-26 (60 Minute) 2026_06_24 (1_31_07 PM).png
My take on the 60 minute says we are getting close to making it very clear that the bull counts are not correct. Expect resolution after Micron reports.

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 1:50 pm
by Trades w 2 Cats
^SP500 (60 Minute) 2026_06_24 (1_48_32 PM).png
My take on a down count. 7,400 interacts with significant fib levels. Time will tell.

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 2:07 pm
by JFR
SPY 5 minutes.

It seems to me this is a rational move in an inflated market.

SPY (1).png
Screenshot_20260624_111253.jpg

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 2:34 pm
by JFR
DAL. Delta Air Lines.

But there are some attractive plays out there,

Lots of cup breakouts.

Founded in 1924.

HQ in Atlanta.

Price climbing the ladder.

DAL shows good fundamentals, after a quick review.

And, Warren Buffett likes it. :)

Posted on here in May of 2025.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia. -- StockCharts
DAL.png

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 2:51 pm
by Trades w 2 Cats
Well what ever just happened was certainly exciting

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 3:35 pm
by Cobra

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 3:49 pm
by Cobra

Re: 06/24/2026 Live Update

Posted: Wed Jun 24, 2026 3:51 pm
by 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