Back to www.cobrasmarketview.com

   

03/03/2020 Live Update

03/03/2020 Live Update

Postby Cobra » Tue Mar 03, 2020 10:24 am

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 info@cobrasmarketview.com.
========================================================================================================================================================================

Consolidation overnight, bias is up.
Attachments
ES60min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46019
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 10:26 am

ES daily and 5 minute. Half an hour before the day session open. Daily candlestick is a doji. 5 minutes showed many strong moves overnight. Lots of action and much uncertainty.


2020-03-03_0557.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby Cobra » Tue Mar 03, 2020 10:27 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46019
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 10:27 am

ES 5. Another strong move up just prior to the opening.


2020-03-03_0627.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby BullBear52x » Tue Mar 03, 2020 10:31 am

If we continue up above overnight high, 3141 will be my target. it may just stay in narrow range and flat all day.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22666
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 10:34 am

ES 5. Powerhouse move down at the open.


2020-03-03_0633.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 10:37 am

Insanity on the NYSE Tick. My gawd.
Last edited by JFR on Tue Mar 03, 2020 11:31 am, edited 1 time in total.
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby BullBear52x » Tue Mar 03, 2020 10:40 am

bullish consolidation like Cobra mentioned.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22666
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 10:48 am

ES 5. There is always hope for the bulls. This time? Dunno. Riding the trendline for the time being. Beneath the EMA 20.


2020-03-03_0647.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby BullBear52x » Tue Mar 03, 2020 10:54 am

Yesterday late day ran up got it to overbought, I am selling now. don't expect much but in range today.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22666
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 10:55 am

ES 5. Strong push down to the morning low.

Taking a break. Back later ...


2020-03-03_0655.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby BullBear52x » Tue Mar 03, 2020 11:00 am

Haha, bulls are in a business, buy now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22666
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 11:01 am

ES 5. Wow. Unbelievable, almost. I was caught going the wrong way, until the bailout. Gheezus.


2020-03-03_0700.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby BullBear52x » Tue Mar 03, 2020 11:02 am

split second, I got lucky to have reverse position order setup. 3141 is my target now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22666
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/03/2020 Live Update

Postby Al_Dente » Tue Mar 03, 2020 11:06 am

unanimous
fed cuts rates 50 basis points

https://www.federalreserve.gov/newseven ... 00303a.htm
User avatar
Al_Dente
 
Posts: 24104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/03/2020 Live Update

Postby Cobra » Tue Mar 03, 2020 11:07 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46019
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/03/2020 Live Update

Postby JFR » Tue Mar 03, 2020 11:16 am

ES 5. So much for that bailout. What other tricks do they have left in the bag, to keep a certain someone happy?


2020-03-03_0716.png
User avatar
JFR
 
Posts: 4177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/03/2020 Live Update

Postby BullBear52x » Tue Mar 03, 2020 11:17 am

making nothing stopped out. well, I will have to take a break, something is not right. be careful.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22666
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/03/2020 Live Update

Postby Al_Dente » Tue Mar 03, 2020 11:18 am

fed news conference at 11:00 ET
User avatar
Al_Dente
 
Posts: 24104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/03/2020 Live Update

Postby ccash04 » Tue Mar 03, 2020 11:18 am

Bonds almost back to the highs after getting smacked down, this market looks like it wants to immediately go retest lows.

.5% cut is huge but maybe this is the day the Fed is rendered useless..
ccash04
 
Posts: 277
Joined: Wed Jul 13, 2011 9:20 am

Next

Return to Traders Lounge

Who is online

Users browsing this forum: arzaccess, ysc and 46 guests