04/18/2019 Live Update

[Cobra]

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Another day of morning gap gets sold? possible range day today.

[Cobra]

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

[BullBear52x]

We are in Hourly buy the dip zone, I am still leaning bearish but not as bearish as yesterday. no move for now, indecision as far as what to take atm.

[BullBear52x]

My pivot is at 908.5, I am selling now.

[Trades with cats]

Side note on today. Futures Trader 71 said back in the day when he was trading in Chicgo pits everybody left early for luch (at a bar) and never came back.

[BullBear52x]

A day like today, if I am in the money I will take half off the table and let the other half run, if stopped out then it's done for the day, If not, closed out whenever you want to go fishing.

[Trades with cats]

Cumulative bid ask delta for the extended session just went negative.

[BullBear52x]

Cash index, wishful thinking, I am on the Red Route.

[Trades with cats]

FT 71 looking for a test of yesterday's regular hours lows sometime today.

[BullBear52x]

Well, morning bears can not lose at this point, take half off, coffee time. to test yesterday's low is very likely, will it test overnight low? I wish.

[Al_Dente]

same thing as posted yesterday
pre-market rally (gray area)
sold at open

[BullBear52x]

/ES support level.

[Cobra]

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

[Trades with cats]

It was the Markit services PMI catching down to manufacturing. This puts the narritive of a strong second half justifying current valuations in jeopardy.

This should put extra pressure on the earnings outlooks that are starting to come in.

[Al_Dente]

[Daniel]

UUP above 26.10 would clearly be on a breakout. Currently challenging the multi-month twin peaks of early April.

[1der]

dc star wars.png.png

Perfecto!

[Al_Dente]

POSTED YESTEDAY:
Wed Apr 17, 2019 10:41 am
SMALLS
double top confirmed
target blue box……..


Target met, already
And SPX creeps into that gap

[Daniel]

IWM, smallcaps, is losing that 155 support level.

[Daniel]

Strong dogs: XLI, IYT
Weak: IWM, KRE