02/24/2021 Live Update

[Cobra]

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We should all see Head and Shoulders Bottom here (red arrows), the text book target (green arrow) pointing to an all time high which at the current stage, I don't believe yet. The gap is small so far so probably just a range day.

[JFR]

SPY 15. Looks like it will start about where it finished off yesterday. Expect a quiet day? Not so sure about that. And there were some ups and downs overnight, as Johnny Carson used to say. Ha ha.

[JFR]

ES daily. Sitting on the EMA 20. A hammer yesterday and a doji today, so far.

[Cobra]

Members only update at 10:07 AM
http://www.cobrasmarketview.com/2021/02 ... ay-update/

[BullBear52x]

Second sell under 5 DMA so far so good for swing bear. will see how today's unfold.

[BullBear52x]

ES, sell the rip coupon. from here it will be easy to know who is in charge? will the bears continue or give up right here.

[te_fern]

Would like to see the FANGS break the blue line for a head and shoulders trade....

[marcueus3]

Market looks like 3790 visit before going to new ATH

[BullBear52x]

Bears are done for now.

[BullBear52x]

Market profile is improving, overnight trade lift up value area. bulls need to push none stop above 5 DMA and closed above or they can fail also. I am neutral now. will wait and see now the next buy setup unfold.

[te_fern]

Got the break, is it strong enough???

[Cobra]

Testing the yesterday's high, breakout with good looking bull bar would be an uptrend day.

[BullBear52x]

bulls were knocking on the top level here twice, one overnight and now, a closed above is a must or this will just be a bearish consolidation.

[te_fern]

Got the break, see if it hits my stop loss at the 37.00 line before I can make some money! LOL!

[te_fern]

Went ahead and took my small profit, struggling here too much!

[BullBear52x]

next buy setup for up trend at MA support, bulls are now earning a dip buying coupon also after the MA support.

[BullBear52x]

If bulls can hold up and closed high today, the bullish reversal bar and MACD histogram looks solid for bottom. another fun fact since December. buy on RED elder impulse system day are all making money. crazy bullish market.

[Al_Dente]

"Wall Street clearing firm [DTCC, the big guy] proposes 1-day trade settlement [T+1]"
https://www.cnbc.com/2021/02/24/wall-st ... versy.html

[BullBear52x]

Intraday3 push up, I would sell it here but not today, buy dip only now until it fails. this could be high of day.

[te_fern]

"Wall Street clearing firm [DTCC, the big guy] proposes 1-day trade settlement [T+1]"
https://www.cnbc.com/2021/02/24/wall-st ... versy.html

Us cash buyers would love this!!