04/23/2021 Live Update

[Cobra]

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The FEELING is missing a revisit of the yesterday's low so that the pattern can be complete.

Flat open so likely just a range day.

[BullBear52x]

Sell day.

[BullBear52x]

Same map, inside day, 4130 pivot. ES

[BullBear52x]

Got squeezed out right away, Oy, Bulls are strong today. will wait for the Buy to fail. it's sell day for me.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2021/04 ... ay-update/

[BullBear52x]

consolidation in time so far.

[Trades w 2 Cats]

Quick comment before we hit the road for today-
Pretty clear after the fact that yesterday was all about the news. Also there was no careful analysis, just sell baby sell. So standard rule is the market will recover (or give up) 100% of the move then continue on. Could take until Monday with a gap and go open. I am sticking with the crowd that thinks we need a dip then all time highs to maximize the amount of retail cash in the market before the real summer sell off gets going. This move was just a reminder of what it was like during the previous administration (only backwards).

[Trades w 2 Cats]

Channel is pretty ragged, but the bottom trend line looks solid and the mid is not bad.

Good Trading to you all.

[BullBear52x]

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_04_23 (9_19_24 AM).png

Channel is pretty ragged, but the bottom trend line looks solid and the mid is not bad.

Good Trading to you all.

Have fun and safe trip.

There will be a big move while you are on the road.

[BullBear52x]

3 push up process. very bullish

[JFR]

SPY 15. Even when things are quiet, or seemingly so, there is turbulence under the surface, ready to move at any time.

[BullBear52x]

My Evil plan

[JFR]

Dow 30. More green than red. But INTC taking big hits.

[BullBear52x]

ultimate counter trend. I think we are at 3 push now, time to get busy.

[JFR]

Re INTC. -- MarketWatch

[JFR]

ES daily. Still in the base. Well above the EMA 20.

[Cobra]

Sorry, was outside having my car services so missed the 10:30 breakout which declared the day as an uptrend day. Now it's too late but at least we know the very first pullback would be bought.

[JFR]

ES 5. Above the pivot, pushing up against the ceiling. In a temporary base.

[BullBear52x]

Volume profile the last 3 days.

[BullBear52x]

There is 3 singles on profile today, all will fill within a day or two, market may attempt to breakout Monday, but from the profile it suggests a pull back to fill those singles 4160, 4151, 4141. 10 handles squeeze, very strong squeeze. poor high so far for today, one more push to complete excess?