04/23/2024 Live Update

[Cobra]

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Lower high or not, wait and see.

[BullBear52x]

today confirm the bullishness, see a bullish cross on $NYHL, will it sustain? remain to be seen, but for now, it is bullish. dips will be bought short term.

[Cobra]

Members only update at 10:10 am
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[BullBear52x]

Intraday,:Same play book, PMI is in contraction under 50 but only price pays.

[BullBear52x]

When are we going to hit the next LH resistance? Elder Impulse System tips, wait until it turns red, for now it is a blue skies, first thing first. the red will come but not now.

[Trades w 2 Cats]

Winner winner chicken dinner.

That indicator at the bottom from Lizard Trading pretty much matches cumulative delta but is really easy to read.

[Trades w 2 Cats]

When the automatic regression channel does such a great job of showing price action trades I assume the big boys are putting money into the market.

[Cobra]

It's the very first touch of EMA20 today so could attract some buyers.

[Cobra]

Looks like phpbbs 3.3 cannot handle more than 100 visitors at the same time? It's being slow...

[Cobra]

Members only update at 12:16 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Breakout is more likely if touches the blue line above again.

[BullBear52x]

Swing setup: dip will be bought then we will see if up trend will hold.

Intraday: new swing high, bullish bias, see red line if there will be any negative price action. bulls need to keep a close above to maintain a positive price action into tomorrow.

Internals: day 3 of excitement, sky is the limit at this point Peace!

[BullBear52x]

Bonus chart: since we are in no holding position junction, as most seeing it as a dead cat bounce or a lion bounce. on the Fear side of thing, we are still in a fearful market, bulls are not out of the woods just yet, so...this is $VIX overbought sell signal on a main trend of LH area. let see what tomorrow brings.

[BullBear52x]

Looks like phpbbs 3.3 cannot handle more than 100 visitors at the same time? It's being slow...

early in the morning, I can not open at all, have to wait awhile.

[Cobra]

Possible 3 push up (red arrows), maybe a pullback is due.

[Cobra]

Looks like phpbbs 3.3 cannot handle more than 100 visitors at the same time? It's being slow...

early in the morning, I can not open at all, have to wait awhile.

Now only 78 online yet it's already slow.

[Trades w 2 Cats]

Tough situation for the next couple of weeks.
Consensus is a kitty bounce to around 5150 or so then down it goes for the summer.
Dip buyers are counting on the Mag 7 to blow us away with earnings.
Tesla has nothing to offer. Cars are too much money so their answer is a $55,000 model that goes faster. Will see tomorrow if they can sell the market on that .
Meta going to talk about AI bets.
In real world Janet Y will be raising enormous amounts of money with no help from China.

[Trades w 2 Cats]

Positive view. Had our five waves up now we need the ABC pullback (thinking earnings report disaster) then market takes off toward new highs, thanks to NVidia earnings report.

[Trades w 2 Cats]

A different outcome that also needed five waves up. This prognosticator (Traders helping Traders) nailed the top. But he is uncertain at this time if it was The Top or if we need a slightly higher high.

[Cobra]

Members only update at 3:36 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/