04/26/2024 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.

===============================================================================================================================

Double top or not, wait and see. It could be a broadening top with partial decline before the breakout.

[BullBear52x]

Gap play intraday, stockcharts.com having problem on annotate. no chart.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Gap play intraday, stockcharts.com having problem on annotate. no chart.

Yeah, I have the same problem, cannot annotate.

[Cobra]

Gap play intraday, stockcharts.com having problem on annotate. no chart.

Now annotation is fine.

[BullBear52x]

LH chart structure no more. Buy dips short term until new LL can be seen. for now bears are less likely to take the market to zero. moon time

[Trades w 2 Cats]

Last week everybody and their dog was predicting a dead kitty bounce to around 5150 because earnings would be great for Mag 7.

So far those who are paying cash back to shareholders are rewarded and those who are buying tons of Nvidia chips are punished. But everyone still calling for Nvidia to push market to new highs.

So I will continue to be a day trader and not do position trades until I see the market react to Nvidia and the Fed meeting.

[BullBear52x]

Daily trend following reminder, one sell coupon left until then. if you are using this method, if not, disregard it.

[Trades w 2 Cats]

Stuck in a range. Pretty clear 5125 won't hold but appears no interest in breaking out to the upside.

[Trades w 2 Cats]

Early weekend post. IF Nvidia delivers yet another 100 point jolt it only gets us to the top of the range for a retracement. Starting to see this showing up on X as in "great opportunity to short if you missed the last one".
People who publish wave counts are in total disagreement as to where we are.
Reminds me that if you had every economist lay down in a circle around the world they would all point in different directions

Have a great weekend and be ready for Janet's funding plan for the Treasury on Monday.

[BullBear52x]

Intraday: new swing high, it is bullish bias, see red line, bulls need to close above to maintain a positive price action, if not it will be negative.same playbook.

[BullBear52x]

It's Friday...
Swing setup: dip will be bought.

Internals: Bullish bias, as you can see the buying pressure on last Friday was good until now. if you didn't buy in there you are just missing out, Hahaha, after the fact. just don't miss out the next buy setup. Peace.

[Cobra]

Members only update at 1:28 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

This 2nd breakout of the blue line has better chances to hold, at least this bull shall have legs.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2024/04 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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/ ... /533449377