04/29/2021 Live Update

[Cobra]

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Renewed strength after a couple of days consolidation. Don't know how far it can go.

Gap up above the yesterday's high so likely a range day either up or down.

[Al_Dente]

via Fox News

[Cobra]

Members only update at 10:18 am
http://www.cobrasmarketview.com/2021/04 ... ay-update/

[Cobra]

It's morning hourly filled black bar.

[BullBear52x]

Krazy

[Cobra]

Should be a rebound here first then we'll see.

[BullBear52x]

spy 19 mil shares bulls trap.

[Cobra]

Maybe a rebound here first then we'll see. It was a measured move down.

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2021/04 ... ay-update/

[Al_Dente]

As soon as this VIX 5-correlation tool moves down below the zero line (may take a day or two) it will give a sell-spy signal,
good for a day/few days of pullback
DAILY chart

[Al_Dente]

McElligott: expects a “crash up”
spotgamma: “We are currently giving the “upside” an edge due to the negative gamma position in QQQ/IWM

[Cobra]

Some resistances here.

[Cobra]

Finally should be a pullback here which likely would be bought though.

[JFR]

SPY 5 minutes. Helluva fight. The bears had the bulls down on the mat, with the referee counting. The resilient bulls give their head a shake, then take it to the overconfident bears. That is one helluva comeback. Fight on, as usual. Collapse? Too early.

[BullBear52x]

The painter is painting hanging man.

[JFR]

ES daily. Poking its nose above resistance. Resistance acting as a noose also, for the hanging man, as he tries to get air. There have been other hanging men on the way up; he is a tough bull. Cash in and get ready for the next day.

[BullBear52x]

End of month window dressing, sell in May and go away in coming weeks.

[JFR]

Some winners and losers on the Dow.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2021/04 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2021/04 ... ay-update/