04/29/2025 Live Update

[Cobra]

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Price channel which is a weaker uptrend, now near the channel upper boundary so maybe will continue pull back to the lower boundary.

[JFR]

ES daily.

Inside candle.

Trading range for a handful of days.

Above the EMA 20.

Trendline up.

No bias on the daily.

[JFR]

ES 60 minutes.

Down beneath the Pivot.

Breaking down out of a trading range.

[JFR]

ES 5 minutes.

Scalping opportunity on the decline.

Bad news bears are happy for the time being. Hello. I am more of a bear at this time.

[JFR]

ES 5 minutes.

It looks like a volatile day in the works.

No more down bias on scalps and day trades.

Testing above the Pivot.

Back later ...

[Cobra]

Members only update at 10:09 am
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[grandeG]

It certainly looks like it wants to break out and go higher? Could be just be a fake out? Looking a little stretched there to me.

[Cobra]

Members only update at 12:11 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Possible 3 push up so a pullback might be due.

[Cobra]

The push up was much stronger than expected so it should have another higher high (after the dashed blue arrow then dashed black line) before a 2 legged pullback can be possible. I mean basically we can forget about the pullback for now.

[Cobra]

Consolidation, breakout on the upside is more likely.

[Cobra]

The pullback probably will be bought.

[Cobra]

Bull flag I see, so bias still is up.

[Cobra]

Members only update at 3:35 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Members only update at 3:51 pm
https://www.cobrasmarketview.com/2025/0 ... 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