04/17/2026 Live Update

[Cobra]

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Bias is up. This bull is unbelievable!

[BullBear52x]

Gap play, it's Friday, Quick ins/Outs

[Cobra]

Members only update at 10:01 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[JFR]

SPY daily.

Breakout above the all time high.

The market is totally reacting to Trump's moves.

He declares peace between Israel and Lebanon. Oil price falls. Stock market rises.

He is a divisive figure. But he has the power to move markets. Can he stop the tides, as Viking King Canute tried to do?

[JFR]

SPY 5 minutes.

Gap and go, so far.

[Cobra]

This bull shall have legs.

[JFR]

IYR ETF representing the real estate industry.

Founded in 2000.

Spectacular rise in April.

iShares Trust - iShares U.S. Real Estate ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across real estate sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Dow Jones U.S. Real Estate Capped Index, by using representative sampling technique. iShares Trust - iShares U.S. Real Estate ETF was formed on June 12, 2000 and is domiciled in the United States. StockCharts

Some holdings ...

[Trades w 2 Cats]

Stair stepping. Everybody saw the reports that the CTAs have another 70 billion to deploy.

As Detective Harry Callahan would ask "Seeing how this is the most powerful move in five years, you got to ask yourself is it a bear market rally or do you feel lucky?

[Cobra]

Cup with handle, breakout on the upside is more likely instead of a double top here.

[BullBear52x]

Red line, if the bear will show up. I think the top is in.

[Cobra]

Members only update at 12:07 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[JFR]

SPY 2 minutes.

Good battle going on at the top.

The bears are providing successful resistance.

But the bulls keep tapping on the ceiling.

Beakout is still possible, but the resistance is holding.

The longer it holds, a pullback becomes more lijely.

[JFR]

SPY 1 minute.

There is a bit of upward movement. The bulls are very excited today.

But those sceptical bears are holding the line, so far.

Good battle. Breakout or pullback?

As Cobra would say, I need to see more bars.

[JFR]

SPY 1 minute.

A mini breakout.

It could still fail.

[BullBear52x]

AAII Bulls not showing up, they know something is wrong or they are just late to the party? Have a good one, no more juice on the upside today. R/R is better on the sell side, but who in the right mind would? we just won the WWIII, Haha Peace!

[JFR]

SPY 1 minute.

And there is the failure of the breakout.

The bears mean business too.

[Cobra]

It's the very first test of EMA20 today, could attract some buyers.

[Cobra]

Descending triangle, bias is down.

[Cobra]

Members only update at 3:28 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:57 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/