Cobra's Market View

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Ascending triangle, bias is up.

ES 5. Nice move up in the last hour.

Members only update starts here: http://www.cobrasmarketview.com/2020/04 ... ay-update/

ES daily. Getting squeezed between the EMA 20 and a resistance level.

Overnight gap up on ES, NQ, YM and RTY.

Dow 30. Green dominating red. XOM and CVX leading. WMT and INTC trailing.

ES 5. Spike up to a pivot.

$TNX Red = DOWN
$TRIN > 1 = DOWN

$SPX SELLING < 2,844.90 edit

Sell, gap filled.

Bulls will have to work harder. /ES here

Back testing top of channel....

PFE having a good day.

All Three ISEE Option Sentiment Indicators = DOWN DOWN DOWN

SPY SELLING < 283.94 edit

Playing with how to draw a measured move, we'll see....

Bulls are pulling yesterday's playbook. sit out, will sell again. sell day for me.

SPY 5. Pushing up.

another sell setup up here, 20ish is a support now. Virgin POC is sitting at 49ish. will see, sell first.

I was outside, missed the first chance to call uptrend day. Now the 2nd chance which is safer.: No sharp pullback, break above the day high with a strong bull bar in the next couple of bars then it's an uptrend day.

Maybe a better measure of it, from yesterday's close....