04/13/2022 Live Update

[Cobra]

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Higher low so the pullback was over?

[JFR]

SPY 15. Big down day yesterday. Price is right at the previous close.

[BullBear52x]

Sell first, if this one fail then bulls may have a chance today.

[BullBear52x]

Internals and price action are negative on daily. to buy in for HL will require a positive $NYMO at the minimum. or you are counter trend in a big way to buy here.

[Cobra]

Members only update at 10:10 am
http://www.cobrasmarketview.com/2022/04 ... ay-update/

[JFR]

Dow 30. About even between the greens and the reds. Frequent leader/laggard BA at the top. JPM trailing.

[te_fern]

This trend line seems important this morning...

[JFR]

Alternatives. Lots of changing of bias. But TLT has been steadily bullish. I think the market is schizo today. Or at least it cannot make up its mind.

[BullBear52x]

Then and Now.

[JFR]

Sectors. Utilities XLU and Health XLV down. XLK, XLY and XLC up. XLE and XLP doing the flip-flop. Maybe a bit more risk on. Just a quick reading. Maybe debatable. Ha ha.

[Cobra]

Kind of ascending triangle, breakout is a little more likely.

[BullBear52x]

feels like wave 4 if yesterday were a 3 down.

[te_fern]

Slowly poking it's head above the line...

[Al_Dente]

Two of the risk drivers (semis and junk) are at a potential double bottom
If that can hold, bulls will be happy
Daily, 20/50

[JFR]

SPY 1 minute. All is quiet.

And then, somebody lit the candle.

Taking a break ...

[BullBear52x]

Rising wedge. confusing market. not breaking the rule on Wave 4 yet.

[BullBear52x]

Swing sell setup, entering sell the rips zone.

[JFR]

ES daily. NinjaTrader was very slow to cooperate today. But then I do put a helluva lot of pressure on the computer. Ha ha.

No man's land. Eyes on 4300. Or maybe 4600. Beneath the EMA 20. On a pullback throughout April. Bias to the south at this time.

Now for the break ...

[te_fern]

Now we can watch a bullish trend line as it moves higher....

[BullBear52x]

Intraday sell failed, next dip will be bought if not too deep. if bulls can hold up the gain today it will trigger buy the dip on a daily trend following setup. Not easy on Multi-time frames during transitional phase. will see the next buy dip play out.