04/24/2024 Live Update

[Cobra]

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The initial breakout failed as always, now trying the 2nd time, if made the breakout then likely it'd be for real.

[Cobra]

Members only update at 10:30 am
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[BullBear52x]

Gap and no go, the next hour if buyers don't step up it will confirm LH from the ATH trend.

[BullBear52x]

This dip will be bought on the swing setup. until this buy fails will bear have a say again. key junction here.

[Cobra]

This bear shall have legs and it's a downtrend day so far.

[BullBear52x]

Swing buy setup: new buy triggered, new box, to the moon or to zero this is it. if it fails here it will fail in a grand style. buyers can not relax here, up and up and up only.

[BullBear52x]

Swing buy setup failed!

[Trades w 2 Cats]

So much for "we will make money next year" saving the market with cheep cars. If promising to buy a bunch of AI chips couldn't keep things moving up then the three big ones reporting today and tomorrow haven't got a chance unless they are actually making more money.

Enough ranting about management trends

Point being we got sucked down to a low volume node. Thinking we just hover between high volume nodes until earnings news breaks.

[BullBear52x]

Well, back to the down trend program once again.

LH is confirmed. find excuse to sell to continue.

Internals: bearish bias. trade well, Peace!

[Trades w 2 Cats]

Looking like they are spending the lunch hour filling in the low volume node.

[Trades w 2 Cats]

Finally a channel breakout. But traders dynamic looks overbought so maybe we drift sideways.

[Cobra]

Maybe the low was in. Sometimes it'll revisit the low a little bit before up and up though (dashed blue lines).

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387