04/24/2025 Live Update

[Cobra]

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If bulls are able to touch the line above again then breakout would be more likely as it's been tested couple of times already, the more test the less likely it'd hold.

[JFR]

ES daily.

At the EMA 20.

Thus far today the candle is a doji. Not up. Not down.

Would a stake through the heart kill the bulls' appetite? Ha ha.

[JFR]

ES 60 minutes.

A very wide trading range, many hours.

Riding the EMA 20.

[JFR]

ES 5 minutes.

Nice run up from 200am to 400am.

Tricky action for day traders, but possible.

[BullBear52x]

swing update: new buy new box, make or break. keep it simple.

[JFR]

ES 5 minutes.

Trying for a breakout.

Pretty convincing, so far. Ha ha.

Believe it? Pretty close.

Back later ...

[BullBear52x]

Good money flow, a breakout with positive flow will be very bullish.

[BullBear52x]

"W" bottom on all major indices, W = winner follow by the "N" will be a killer.

[Cobra]

Members only update at 10:00 am
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Will need go out so no update until maybe after 3 pm

[Trades w 2 Cats]

Looking like bulls are done. Lopsided distribution implies bears could drop this fast. Maybe we will get an unexpected news flash to move it one way or the other. But it seems like afternoons have been mostly about selling recently.

[BullBear52x]

/ES 5456 will be a hard stop for buyers. so...until then will bears have a chance.

[Trades w 2 Cats]

They made it to the double zero level. Captain Obvious wants to know "Double top or not?"

[Trades w 2 Cats]

The 5,500 level is. according to the media,because "we met with some people". I am thinking this could be fragile high if we follow standard operating procedure and the media finds people to walk back the comments all afternoon.

[grandeG]

Looks like it’s just grinding higher for a while. I agree with Cats … need to be careful on comments that may emerge at any minute.

[Trades w 2 Cats]

Decision time .

[Trades w 2 Cats]

My scalping chart is looking like a rounded top. Lots of internet chatter about having an 80 % up day, three up days, potential Zweig breath thrust etc. But it kissed the prior high and it all came to a halt for now, so not exactly a run a way train.

[Cobra]

I'm back. It's a rare case nowadays that the morning up wasn't sold. But now we could have a 3 push up (therefore a pullback might be due soon), could, wait and see.

[Trades w 2 Cats]

Longer term bull count is saying that a pullback is soon. Pretty clear this count is in need of validation and closing that gap right up above current price would be a good start.

[Trades w 2 Cats]

This would be another view following the same rules but reaching the opposite conclusion.