06/01/2021 Live Update

Cobra

Opening statement
http://bbs.cobrasmarketview.com/ ... mp;p=294945#p294945

Cobra

Members only update at 10:15 am
http://www.cobrasmarketview.com/2021/06-01-2021-intra-day-update/

Cobra

It's a morning hourly filled black bar $SPY $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=294952#p294952

Cobra

Maybe a rebound here first then we'll see, probably will be sold. Still there're some chances it's a down in the morning then up and up the rest of the day day. It's hard to trust bears $SPY $SPX $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=294954#p294954

Cobra

Rebound probably will be sold again but if it decisively breakout EMA20 before being sold, chances are the range low was in for today. Break blue line below with good looking bear bar it'd be a downtrend day with perhaps later day rebound $SPY $SPX $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=294957#p294957

Cobra

Members only update at 12:20 pm
http://www.cobrasmarketview.com/2021/06-01-2021-intra-day-update/

Cobra

Rebound was indeed sold, it didn't break the EMA decisively so still some chances of downtrend day. Now let's wait to see whether the breakdown is a typical breakdown then sharp reversal. Further down it could be a downtrend day $SPY $SPX $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=294969#p294969

Cobra

So it's again a breakdown then sharp reversal. Most initial breakout/breakdown are simply false. Anyway, this bull shall have legs $SPY $SPX $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=294973#p294973

Cobra

Members only update at 3:27 pm
http://www.cobrasmarketview.com/2021/06-01-2021-intra-day-update/

Cobra

Members only update at 3:48 pm
http://www.cobrasmarketview.com/2021/06-01-2021-intra-day-update/

Cobra

Closing statement $SPY $SPX $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=294978#p294978