04/03/2019 Live Update

[Cobra]

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no idea up or down from here. I see no top pattern.

[Cobra]

the members only update starts here: http://www.cobrasmarketview.com/2019/04 ... ay-update/

[BullBear52x]

Gap fest, Gap and go or no go it doesn't mean anything any more. sell first here will see.

[JFR]

Overnight gap up on ES NQ YM and IWM.

[BullBear52x]

Lots of support, dip will be bought today.

[JFR]

Some up. Some down. I would like USO to move up; yesterday was good.

Back later ...

[Trades with cats]

Well that was exciting.

[BullBear52x]

Papa is on the right side again today.

[BullBear52x]

down channel so far.

[Cobra]

members only update at 10:08 am
http://www.cobrasmarketview.com/2019/04 ... ay-update/

[Cobra]

it's morning hourly filled black bar. today may have some chances being a downtrend day, beware.

[Trades with cats]

Media says that big green bar was algos miss reading a headline on China Trade Talks last night. FT 71 commented that the overnight volume profile was a classic short squeeze shape. What I can see is we had two wicked fast drops since the regular open and I don't need to run Fibs to see that the slow recovery never made it past the mid zone.

[te_fern]

Getting lower lows and lower highs so far....

[BullBear52x]

second round of selling, will see how far this one can go.

[ccash04]

maximum short here. stop at 288.5, think R/R is tasty.

[Trades with cats]

And as soon as you say something about a down trend day bang we are back into range mode. With Volume Profile Point of control being a really strong factor. ES 2681.50

[Mr. BachNut]

Mr. BachNut says the NYMO cycle is up.

After a long wait, the low on March 8 has been confirmed as the bottom of the last cycle.
When this up cycle tops remains a mystery but we are already 18 days in.

Price has now hit the upper keltner for the third time, which is consistent with a bull market.
Our benchmark at SPX 2595.32 has been stranded as unfinished business.
Something to keep a note on for the next big correction or perhaps the next bear.

A plethora of down gap targets in inventory now.
While the market is bullish, I have trouble imagining so many targets could go untouched.
This morning's open session high is less than a handle away from closing one of our two remaining up gap targets.
Mr. Market is going to want to finish this one off (today?).

I continue to daydream of an ascending wedge.
If my dream is to come true, we are now on the third up thrust and it is time to pay attention.
A break of the lower blue/orange line would complete.

I am long and short SPX at different prices for different time frames.
I haven't a clue if either of these will pay.
I missed a long R2K entry at last Friday's close. So it goes.
My prior shorts were fails (as suspected they might be). Profit scales lessened the pain.

[Having Trouble Posting Chart. Will try later.]

[BullBear52x]

And as soon as you say something about a down trend day bang we are back into range mode. With Volume Profile Point of control being a really strong factor. ES 2681.50

This is bull market, buy any dip as soon as you wake up.

[ccash04]

Visiting upper BB on daily, past few times this has acted as resistance. It seems like it is more likely to close gap then blast off to a galaxy far away.

[BullBear52x]

bulls took back a control, no sell unless the pull back is falling back into the down channel. then it is 2x intraday top