04/01/2019 Live Update

[Cobra]

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Will need go outside, probably no update until after 11 am.

Right now the chart looks will challenge the previous rebound high, I mean the bias is up. However the recent pattern was sold sharply upon open then spent the rest of the day up and up. So nothing to be excited about unless no sold at all after 11 am. Let's see.

[Cobra]

members only update at 7:38 am
http://www.cobrasmarketview.com/2019/04 ... ay-update/

[JFR]

Overnight/weekend gap up past two pivots on ES, NQ, YM and IWM.

[JFR]

DBC GLD SPY USO up. TLT UUP down.

[Trades with cats]

Chinese PMI's caused the bounce. After several months of stimulus, and comparing to February with it's Lunar New Year Holiday effect, they switched to positive. So far Korean and Malaysian PMI's do not agree. Next batch of Chinese numbers on April 17th, then we will have much better idea if they have turned things around.

[1der]

This morning and last Friday afternoon SPY PBars. Times are US mountain
fwiw -

[BullBear52x]

gap up and stay flat all day is no fun for day trade. especially at the critical junction. no good setup to do anything yet for me.

[BullBear52x]

buy dip day. but will it pull back at all? hate to chase it while it challenge the recent high, could just turned out to be 2x top. next dip I will buy.

[Trades with cats]

Classic move up doji and reversal to down bar. Still a nothing burger. All the bear action is in Lyft.
Futures Trader 71 was going on and on today about how important ES 2866 is, so something to look forward to.

[BullBear52x]

get my feet wet on bull train now, will see if bulls mean business by keep on going up. this could be a trend day. (up trend that is if this madness breakout and up)

[BullBear52x]

58.5 pivot

[te_fern]

Watching this trendline for support...

[Cobra]

members only update at 10:48 am
http://www.cobrasmarketview.com/2019/04 ... ay-update/

[Cobra]

break day high on a good looking bull bar then it's uptrend day. for now it looks like a range day at the best.

[Al_Dente]

Banks, KBE, up 2% today

[te_fern]

Need a bigger pullback before I will start playing anything. Got burned on Semi's holdings last week, 4 pt loss, and then it rallies 14 pts. Stop losses are required, but they make you crazy....

[te_fern]

Pasta Boss was talking about the banks, but the levered financials are doing well too. Been in this upward channel and have now broken out to 8 day high....

[BullBear52x]

looking good for bulls

[BullBear52x]

2x top or Breakout we go!

[BullBear52x]

new high Ding ding ding....