04/18/2024 Live Update

[Cobra]

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Higher low or not, wait and see.

[BullBear52x]

There's blood on the street. Panic level, expect a dead cat bounce, if not, this is some serious bearish outlook.

[BullBear52x]

There's blood on the street. Panic level, expect a dead cat bounce, if not, this is some serious bearish outlook.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[BullBear52x]

Inside day, buyers need to step up hard to change the bearish TA like today.

[Cobra]

It's a morning hourly filled black bar

[BullBear52x]

swiing setup: in the box, bulls need to work harder to get out of the bottom. for now selling to continue.

Intraday: inside day, any thing goes, I see bulls are trying, but still too weak.

Internals: bullish bias, there is buyers roaming today. will see how we closed today. be nimble. Peace!

[Cobra]

Members only update at 1:17 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Testing the yesterday's low so might be a rebound here first then we'll see. Maybe, just maybe the rebound would be sold.

[BullBear52x]

Bonus chart: Fib on the last bull run leg since Dec/Jan. 80 more handles to the down side? short term indicators are very oversold atm.

[BullBear52x]

The leading technology is hanging on the cliff. if NVDA falls it will be hard for the market to bottom here.

[Cobra]

Pennant so breakdown is a little more likely.

[Cobra]

Members only update at 3:39 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397