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03/04/2020 Live Update

Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 1:46 pm

continuation down per candle formation. nothing to be exciting on the bullish side that I can tell. good price action but internals are not all that strong.
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Re: 03/04/2020 Live Update

Postby Cobra » Wed Mar 04, 2020 1:50 pm

Breakout should be more likely now
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Re: 03/04/2020 Live Update

Postby Heck » Wed Mar 04, 2020 1:52 pm

New high

Doesn't lie
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Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 1:53 pm

last sell for intraday bears.
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Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 2:04 pm

selling here will make money unless you think market will have a 4% gain day. :twisted:
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Re: 03/04/2020 Live Update

Postby Cobra » Wed Mar 04, 2020 2:09 pm

Testing resistance, maybe a pullback here first but this bull shall have legs.
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Re: 03/04/2020 Live Update

Postby Al_Dente » Wed Mar 04, 2020 2:10 pm

health leads... only one here with higher highs
unusual to see that the FANGs+ didn't lead up :shock:

34quick.png.png
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Re: 03/04/2020 Live Update

Postby QED » Wed Mar 04, 2020 2:11 pm

.
coolbiz1@coolbizone:
$SPX high at 3086.36, has invalidated the ST count. Alt. count on chart Wave C of Int.(2)/(B) is extending higher to 3137-3200-3278 area.

https://twitter.com/coolbizone

.
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Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 2:15 pm

After this pull back the next one breakout will be a real deal, bull flag to all time high.
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Re: 03/04/2020 Live Update

Postby Al_Dente » Wed Mar 04, 2020 2:20 pm

QED wrote:.
coolbiz1@coolbizone:
$SPX high at 3086.36, has invalidated the ST count. Alt. count on chart Wave C of Int.(2)/(B) is extending higher to 3137-3200-3278 area.
https://twitter.com/coolbizone.

THANKS BOSS :D
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Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 2:40 pm

Tomorrow everyone will come in with bull's cap on, well not out of the woods just yet for bulls. tomorrow is remain to be seen. This is /ES fib retracement. retacement hope for bulls but extensions for bears to reload for positioning.
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Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 2:59 pm

Check out HL, this is another reason bears can hang their believe that mama bears are not done yet.
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Re: 03/04/2020 Live Update

Postby Al_Dente » Wed Mar 04, 2020 3:06 pm

We’re not out of the woods yet
The woods are at 3139-3150 (3139 was the old quant-puke trigger, whereinafter all quants went short)
That 3139 was also at 50% retracement, where we touched and failed yesterday
3139 is formidable resistance….
Also, the options traders are bull, but not as bullish as they should be… they are in “wait and see” mode
Bulls must convincingly break above 3150 and get STICKY above there.
34sixty.png.png
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Re: 03/04/2020 Live Update

Postby Cobra » Wed Mar 04, 2020 3:08 pm

consolidation, bias still is up.
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Re: 03/04/2020 Live Update

Postby ccash04 » Wed Mar 04, 2020 3:14 pm

Setting buy stop at 3100, nice reversal in 10 yr yield. If we get 3100 probably going to retest recent highs around 3140.
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Re: 03/04/2020 Live Update

Postby BullBear52x » Wed Mar 04, 2020 3:34 pm

3 push up?, last two days not as good out come for me, good thing the volatility is high to gain 5 to 10 handles is easy. other then that I perform poorly. last sell for me next one here.
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Re: 03/04/2020 Live Update

Postby Daniel » Wed Mar 04, 2020 3:38 pm

Cobra wrote:consolidation, bias still is up.

Hi Yield is showing very Risk On today. JNK, HYG both up > 1%
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Re: 03/04/2020 Live Update

Postby JFR » Wed Mar 04, 2020 3:52 pm

ES 5. Stuck beneath the pivot. For me personally, not opportune days for swing trading (few signals, many quick reversals). Day trades and scalps mostly. I don't like to work this hard. Ha ha. As the saying goes, it is what it is.

Swing trading for me: overnight holding. Good trend, off a daily chart. Hold for three weeks or more. Any type of asset.

If someone says there are many good swing trades at this time, tell us, and we will take a look. Disclosure: I am holding a couple of Forex.

There have been some good bond ETFs, currently on pullback.


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Re: 03/04/2020 Live Update

Postby Daniel » Wed Mar 04, 2020 4:15 pm

SPY quick hod and then immed pullback. QQQ and IWM are not near a hod.
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Re: 03/04/2020 Live Update

Postby Daniel » Wed Mar 04, 2020 4:19 pm

Bulls are loving seeing semis up 4% and AAPL back over 300; they are not loving seeing XOP and USO red. Many mixed signals.
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