04/10/2025 Live Update

[Cobra]

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The pullback overnight probably will be bought.

[BullBear52x]

I am expecting range day sideways consolidation today.

[Cobra]

Members only update at 9:58 am
http://www.cobrasmarketview.com/2025/04 ... ay-update/

[BullBear52x]

Intraday: inside day, anything goes, I am selling and ready to reversal up along if this chart pattern plays out.

[BullBear52x]

Swing setup, this dip will be bought. entering buy the dip zone. first thing first.

[Cobra]

Members only update at 12:12 pm
http://www.cobrasmarketview.com/2025/04 ... ay-update/

[Cobra]

So far it's a downtrend day. I have a bad feeling about this: could be down and down till the close, be ready for that. Nowadays lots of past rules no longer works.

[BullBear52x]

New Buy new box, stick to what works until it doesn't.

[JFR]

SP500 DOW Nasdaq and Russell all down big time.

[JFR]

ES daily.

Elevator up and down this time. Zip. Zap.

Market chaos. Maximum risk.

[JFR]

ES 60 minutes.

Super fast elevator up. Fast elevator down.

From R1 to the Pivot, where it has now broken through, in its descent.

La descente.

[Cobra]

It's the very first test of EMA20 in 2 hours so could attract some sellers and generally the rebound would sold.

[JFR]

ES 5 minutes.

All the way down to 5146.

And there it finds a bottom, for the time being.

Bounce back up to the Pivot, and there it finds resistance.

Playable and dangerous.

[BullBear52x]

inside day, so far the bulls are fighting to hold on that buy, last stand. Haha

[JFR]

GLD and SPY.

Safety and risk.

But even gold has some risk in this chaotic market.

[Cobra]

No longer know whether it's the higher low (green arrow) or not.

[JFR]

Relief from tariffs?

That pause in "reciprocal" tariffs still leaves that global 10% in place.

White House: Tariffs will be brought down to a universal 10% and China's will go up to 125%

China? Oh my gawd. Trade war between the giants.

[JFR]

ES 5 minutes.

Second attempt to break out above the Pivot has failed.

Sliding back down towards the EMA 20.

[JFR]

ES 5 minutes.

The bulls are fighting hard.

Trading range established above the Pivot, and beneath 5351.

The 4 Horsemen, SP500, DOW, Nasdaq and the Russell are all down on the day, by a lot.

[JFR]

TLT.

Aiyahh. They were the big scare that brought about a pause in some of the tariffs.

They got a bounce yesterday.

And now they are declining once again.