04/16/2024 Live Update

[Cobra]

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The rebound overnight probably would be sold.

[Cobra]

Members only update at 10:07 am
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Members only update at 12:13 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Touch the blue line above again then breakout would be more likely as the line has been tested many times.

[BullBear52x]

Swing setup; no change, rip will be sold.

Intraday: new swing low, it is bearish bias, boring consolidation after a big sell off overall.

Internals: bearish bias. nothing much until the big guy speaks? Fed boss speaking. peace!

[Cobra]

Breakout as expected. Possible double bottom so the low might be in.

[BullBear52x]

Very oversold, 89% of SPX issues are under 20 DMA and $NYMO reading of -100.81 as of closed of yesterday. I still don't see a good intraday buying in. things that makes you go Hmmmmm

[BullBear52x]

IWM (smallies) is suppose to provide all time high tail wind for SPX, this doesn't look good, tomorrow or by end of week I want to see IWM trades back above the bottom red line, if not, we are in trouble. Peace!

[Cobra]

Members only update at 3:37 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Members only update at 3:48 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381