Page 1 of 2
04/17/2026 Live Update
Posted: Fri Apr 17, 2026 8:05 am
by 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 [email protected].
===============================================================================================================================
Bias is up. This bull is unbelievable!
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 9:30 am
by BullBear52x
Gap play, it's Friday, Quick ins/Outs
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 10:02 am
by Cobra
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 10:15 am
by 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?
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 10:22 am
by JFR
SPY 5 minutes.
Gap and go, so far.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 10:45 am
by Cobra
This bull shall have legs.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 10:57 am
by 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 ...
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 11:10 am
by 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?
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 11:42 am
by Cobra
Cup with handle, breakout on the upside is more likely instead of a double top here.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 11:43 am
by BullBear52x
Red line, if the bear will show up. I think the top is in.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 12:08 pm
by Cobra
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 12:20 pm
by 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.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 12:33 pm
by 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.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 12:39 pm
by JFR
SPY 1 minute.
A mini breakout.
It could still fail.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 12:57 pm
by 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!
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 1:15 pm
by JFR
SPY 1 minute.
And there is the failure of the breakout.
The bears mean business too.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 1:18 pm
by Cobra
It's the very first test of EMA20 today, could attract some buyers.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 3:14 pm
by Cobra
Descending triangle, bias is down.
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 3:28 pm
by Cobra
Re: 04/17/2026 Live Update
Posted: Fri Apr 17, 2026 3:57 pm
by Cobra