04/06/2020 Live Update

[Cobra]

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Up huge overnight then consolidating for many bars which can be seen as a bull flag, so bias is a little up.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/04 ... ay-update/

[BullBear52x]

gap over gap, wow, this gap will not be filled.

[BullBear52x]

for day trade it will be gap and flat all day, another boring Monday?

[BullBear52x]

Buy in now, I don't think it will pull back today.

[te_fern]

for day trade it will be gap and flat all day, another boring Monday?

I agree, will probably sit on my hands all day or do something else so I don't put on a losing trade...

[te_fern]

Maybe wait for the pullback to the MA lines on the 5 min chart. Cobra does a good job of warning for that trade...

[BullBear52x]

I can see 7-10% day today, looks like the FED has enough with da bears.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2020/04 ... ay-update/

[Al_Dente]

SPX: That's a "Bullish Island Gap" on the 60m and on the daily

[Al_Dente]

hedgopia on the reduced buybacks and more:
https://hedgopia.com/regardless-if-the- ... ewing-n-t/

[Cobra]

Make a new day high with good looking bull bar in the next couple of bars then it's an uptrend day.

[Daniel]

IWM very close to a daytrade sell signal here.. not quite yet..

[ccash04]

2600 is kind of top of range it seems with 2450 being the lower end of the range just a large range it seems...

[Al_Dente]

BullTart's valuable analysis of TVIX, VIX, was spot on
THANKS
60min here
on approach to the top of the cyan BOX resistance on SPX
This is no secret; it's everybody's resistance line
I know my fib looks a bit wacky, but it's pretty accurate

[Al_Dente]

FIVE MINUTES
Box in a box
the first target was already met this morn (cyan)

[Daniel]

IWM did give that mechanical sell signal and is hovering sideways, looking sickly while the other majors test new highs. RVX is closer to its hod than its low, but is currently backing away from that high...

[JFR]

ES daily. Up to the EMA 20.

[JFR]

ES 5. Getting squeezed by the pivot, the trendline and the EMA 20.

[JFR]

Overnight/weekend gap up on ES, NQ, YM and RTY.