04/30/2025 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

===============================================================================================================================

Let's see whether the price channel lower boundary would hold the pullback. Usually should break it a little bit at least.

[JFR]

ES daily.

It's a bearish candlestick.

Open, close, high and low all down.

Above the EMA 20.

In a trading range for a handful of days.

The trendline is still up, but beware.

No bias for this trader.

[JFR]

ES 60 minutes.

Trading range.

Very sharp, bearish candle in the previous hour.

Down through the Pivot and S1.

All the way to 5502, where it finds some support.

[JFR]

ES 5 minutes.

Down very sharply in the last two hours.

The bulls are scared. The bears are hunting.

Finding some support at 5502, which it is testing.

The market has a big decision to make at this point.

The bias is down for day trades, but dangerous. It needs more proof.

[JFR]

ES 5 minutes.

Well that is proof of a sort.

Down beneath S2.

All the way to 5466.

Back later ...

And there is this ...

[Cobra]

Members only update at 10:25 am
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

EMA20 now is the bear's last chance for another leg down.

[Cobra]

Members only update at 12:00 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Probably the low was in for today.

[Cobra]

Members only update at 3:38 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Members only update at 3:50 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387