04/02/2015 Live Update

[daytradingES]

I don't think we will go below the current LOD today. (ie not below 2048)
09:27
2064.75
2048.75
2051.00
2059.75
69%

----next week ----
If we break the 33 level (ES) (next week) then we should be going a lot lower.
The 33 level was defended 3 times so far by the manipulators.

(too tired to work out a lower target but say 1985 area)

[fehro]

possible support here..

[Cobra]

I'm disappointed. the start of today felt like a strong trend day, but looks like it's just another range day.

[Out of Bounds]

Crude breaking back down. Below $49

[Denali92]

No edge going in to tomorrow's holiday report.

Full history of Employment reports on Good Friday back to 1990 is at the bottom of this April preview.

http://www.cobrasmarketview.com/2015/04 ... ay-update/

I am FLAT and uninvolved.... waiting till Tuesday to see if there is a high probability trade.

Have a good long weekend,

-D

[Al_Dente]

10 day percent performance
No surprise here:
Red line is zero: small caps strongest, transports weakest

TRAN has pierced its 200 sma twice in the last few days, a feat not seen since October,
and is pressing down on the lower edge of the box for the fifth time

[DellGriffith]

i still cant get over bow accurate that moon phase is lol

[uempel]

No edge going in to tomorrow's holiday report.

Full history of Employment reports on Good Friday back to 1990 is at the bottom of this April preview.

http://www.cobrasmarketview.com/2015/04 ... ay-update/

I am FLAT and uninvolved.... waiting till Tuesday to see if there is a high probability trade.

Have a good long weekend,

-D

Denali92, a good long weekend for you too!

[K447]

i still cant get over how accurate that moon phase is lol

I must not be seeing the pattern you are seeing

[uempel]

This keeps on surprising me. There are some guys out there who don't want the market to go down. And they keep on engineering it with the same technique - a blast of buying at the open.

[KENA]

This keeps on surprising me. There are some guys out there who don't want the market to go down. And they keep on engineering it with the same technique - a blast of buying at the open.

7.png

I believe it is the central banks.

[fehro]

…. as we test 20w SMA again.. 2063.05

[Cobra]

range low is here? Trading range day always needs guess (luck) so that's why I don't like range day.

[Cobra]

members only update at 12:25 pm
http://www.cobrasmarketview.com/2015/04 ... ay-update/

[Out of Bounds]

AAPL getting some strength

[Cobra]

we got the range bottom. now need guess which one is range top.

[fehro]

SPX 60m.. trying to hammer.. 2min to go.. as lunch hour is almost over.. could see a bigger move soon

[Out of Bounds]

I see this is making the rounds today.

http://stocktwits.com/dark_trader/message/34902563

[uempel]

This keeps on surprising me. There are some guys out there who don't want the market to go down. And they keep on engineering it with the same technique - a blast of buying at the open.

The attachment 7.png is no longer available

I believe it is the central banks.

As far as I know the Fed is not allowed to play around with futures/equities - but they are active in one way or the other in the bond market. And these moves might be mirroring fixed income activities.

As to bonds: should the USB/SPX ratio continue to rise in April (note that it's a monthly chart) the equity market might be in for a nice correction. In the last 20 years system always gave good signals.

[Cobra]

generally this pullback should be bought