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04/14/2021 Live Update

Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

Nope, now they are saying 400
Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_04_14 (12_11_59 PM).png
It looks like a channel for a shaky afternoon move up to test the highs.
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trader0303
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Re: 04/14/2021 Live Update

Post by trader0303 »

Trades w 2 Cats wrote:Nope, now they are saying 400
I'm glad I use a 144hz monitor while watching the coinbase price action :lol:
Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

My data feed is very limited to futures so I am watching coin base through twitter comments. It sure sounds like a wild ride!

Some are saying it could take the market down today if it keeps falling.
Will be looking tonight for a comparative with Tesla and Coinbase.
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Al_Dente
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Re: 04/14/2021 Live Update

Post by Al_Dente »

QQQ has been above the line all April… now weakening just a bit...
Surprising that semis aren’t helping more, what with the global shortages.
I don’t remember Cobra’s rule: support fails at 4th touch. [posted today by trades w 2 cats], but I’ll go with it until price says otherwise.
15min
414qqq.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

If press blames Coinbase for the reversal will this discourage the Robin Hood crowd?
Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

Really needs to take back the overnight low or risk having the Ramp express run the wrong way.
Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

If 4116 doe not hold then "buckle up Buttercup". Because there are a lot of poor profiles down below. However this was not supposed to get serious until next week or a bit later due to options pining.

If Coinbase was not what they were expecting added to Audi introducing their new electric line up then the push up in Tesla could potentially be over. Knew they were in trouble when Elon diverted with the game playing monkey. :lol:
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BullBear52x
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Re: 04/14/2021 Live Update

Post by BullBear52x »

The end of the run is mo0re and more pronounced.
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Cobra
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Re: 04/14/2021 Live Update

Post by Cobra »


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JFR
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Re: 04/14/2021 Live Update

Post by JFR »

ES 30 min. Like Darvas boxes. Heading down.
Last edited by JFR on Wed Apr 14, 2021 4:27 pm, edited 2 times in total.
Charts posted are not recommendations. They are just a sharing of information.
Trades w 2 Cats
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Re: 04/14/2021 Live Update

Post by Trades w 2 Cats »

Large range to me. Market clearly rejected the low at 4100 Tuesday before the open. Not so clearly rejected the new highs today . Set up in in place for a higher high followed by a possible big drop next week. Ay least that is a common view on the internet. Personally I have to follow Cobra when he says bears have to prove themselves.
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Cobra
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Re: 04/14/2021 Live Update

Post by Cobra »


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Cobra
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Re: 04/14/2021 Live Update

Post by 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.

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