02/26/2021 Live Update

[BullBear52x]

The buyers were so complacent, this makes me more cautious. today bulls might escape but I don't see it will in coming days if not today, will see.

[BullBear52x]

on Market profile, one more significant down target is 3737. simply trend following from now on. all buy are counter trend.

[BullBear52x]

Last sell for bears, 4th try for bulls.

[Al_Dente]

Nomura’s Charlie McElligott, who must get paid by the word, has reached new hights of pedantry, obfuscation, and bullshit.
Even zh gave up and didn’t offer their usual “translation.”

https://www.zerohedge.com/markets/recip ... to+zero%29


Maybe the big guys are short SPX below 3877... or maybe SHORT below 3814... 3800.
Also: WHY is he calling the NASDAQ the “ Bond proxy” ?

[BullBear52x]

Cash SPX Fib, bullish the 61.8% should give a good support, I am hoping for it to fail tho.

[BullBear52x]

Bye bye bears. bulls turn now. 60+ handles range day.

[Cobra]

Members only update at 12:12 pm
http://www.cobrasmarketview.com/2021/02 ... ay-update/

[Cobra]

Testing the day high, it's the bear's last chances to make a range day. I say 49% chances. It'll be a range day but usually bulls could push up more from here.

[BullBear52x]

Next fighting battle to take to bulls. hope we hit today. the day still young and not too late or it will stuck at sell rip area going into the weekend.

[Cobra]

3 Push Up, so probably another push up then we'll see whether bears can finally make a lower higher therefore a range day, right now it can be an uptrend day.

[Cobra]

OK, it's the simplest 3 push up I've ever seen but still a lower high usually is needed before a possible reversal.

[BullBear52x]

back inside the safe space, balanced, range, whatever you called it, no man's land. LOL

I see it as bearish consolidation phase, bulls better get out of here, the next low will not be bought this time.

[BullBear52x]

Intraday buy dip coupon, I am not doing anything, strong bulls should be HH next.

[Cobra]

Now let's see the rebound (as expected) can make a new day high or not.

[BullBear52x]

I will be back in bizness if last buy fails, the day still young. Here is my next game plan.

[BullBear52x]

H&S run down will not allow me to get in, I only sell the bounce even it fails.

[BullBear52x]

Cobra boss is awake today, this is good, help me not to make a bad over trade move. thanks.

[Cobra]

Now we got the lower high I talked earlier. Still not sure whether the current pullback will go all the way to the day low. Bears are stronger than they're used to be this time though.

[Cobra]

Cobra boss is awake today, this is good, help me not to make a bad over trade move. thanks.

Ha ha, I do usually lose focus in the afternoon.

[BullBear52x]

Come2apa,