02/23/2021 Live Update

[Trades w 2 Cats]

3852 supposed to be special in regards to dealer gamma according to stuff on ZeroHedge. Article was long and complicated and I am barely beyond just reading the buzzwords on this stuff. But lots of twitter posts as well so wild ride this week because the calls expired and the puts are going on.

[Al_Dente]

gold, silver, oil, daily

[Al_Dente]

QUOTE OF THE WEEK:
"It's hard sometimes being a celebrity in music. There's times when girls won't quit knocking on your hotel room door in the middle of the night, and you have to get up and let them out.”
[Chris Isaak]

[Cobra]

The pullback probably will be bought, there should be another leg up before bears have some chances.

[JFR]

SPY 15 with extended hours. Small pbar to the previous close formed once again. Small gap down.

[JFR]

ES daily. Pushing down beneath the EMA 20 and a support level.

[Cobra]

Testing the day high now. It's a rising wedge so should be a pullback or consolidation here first then we'll see.

[BullBear52x]

Some times, once in awhile I print out the chart like this, put it up in the wall and look at it Covid-19 safe distance of 6 feet. as asking myself, what do I see?

[BullBear52x]

No Fear No Bear. there is fear.

[BullBear52x]

Bottom shoppers, RSI, TSI....etc,. must turn up above center line to see a meaningful reversal. ES short term picture.

[BullBear52x]

ES intraday, we are entering sell the rip zone.

[BullBear52x]

Market profile, poor low with lower value are in comparison to yesterday, no reversal atm. sideways to down will be the best guess. GLTA, peace!

[JFR]

Musk loses $15B after bitcoin warning. Well, it's a small percentage of his capital. But that's gotta hurt.

[JFR]

SPY 15. Fills the overnight gap.

[Trades w 2 Cats]

From the overnight high to the opening range low was just about 90 points in a very clear two legged measured move just about to the tick. The bounce from that OR low to the mid morning high was an obvious first leg up. A measured move off of the following swing low would put us at 3887. Point being to draw those two legged measured moves if you want a halfway decent road map.

[Trades w 2 Cats]

Worst joke of the day, from Twitter-
The NASDAQ got taken to the Kathy Woodshed.

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2021/02 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449381

[JFR]

QUOTE OF THE WEEK:
"It's hard sometimes being a celebrity in music. There's times when girls won't quit knocking on your hotel room door in the middle of the night, and you have to get up and let them out.”
[Chris Isaak]

Ha ha. That's a spin on Rowan and Martin from Laugh-In.

Martin: ''This hotel is crazy. Last night there was a girl pounding on my door and yelling at 1:00 in the morning.''
Rowan: "What was she yelling?''
Martin: ''Let me out."