04/23/2020 Live Update

[te_fern]

The big move of the day may be over, starting the sideways grind.....

[Cobra]

Beware of lower high trend reversal. At least the range high could have been in.

[BullBear52x]

I wouldn't say it goes as expected, all about support and resistance, a drop below 20 we will revisit 06ish.

[te_fern]

Bounced on blue MA line, will watch it for support....

[te_fern]

Fell thru the MA line, so I'm just watching now. Was on the buy side this morning, but missed the move up. Trying to stay disciplined about entry's, not going to front run my indicators....

[BullBear52x]

Cash SPX Fib, A trade below 38.2% bears will hit a home run today.

[Cobra]

Members only update at 12:08 pm
http://www.cobrasmarketview.com/2020/04 ... ay-update/

[BullBear52x]

come bear come

[te_fern]

I wondered what caused that drop and it was BB52!! LOL!

[jaijailyc]

GILEAD ANTIVIRAL DRUG REMDESIVIR FLOPS IN FIRST TRIAL - FT

[BullBear52x]

I wondered what caused that drop and it was BB52!! LOL!

Zhhhhhh

[Cobra]

Must be a bad news, wait for the dust to clear. Bulls seem fighting well.

[Cobra]

Testing EMA20, key time. My guess is the range low was in, there may be a higher low test though, just maybe.

[BullBear52x]

Market goes up = Manipulation
Marker goes down = must be bad news

TA discounts all that.

[Cobra]

Here comes the higher low test.

[BullBear52x]

Bears are more aggressive now.

[Cobra]

Not looking good, now the bull's hope is a slightly lower low test, need a little luck.

[BullBear52x]

If bulls can bottom and make a green day, it will be 2 to 2, Bears need to see a Red day to maintain a control. so far no bulls nor bears can maintain 3 days in a row. choppy market.

[Cobra]

60% chances it's a successful slightly low lower test or at least I don't expect much further down from the low.

[Al_Dente]

5min