03/01/2021 Live Update

[Cobra]

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Possible broadening bottom so there're chances the low was in. The gap up for now is within the Friday's range so maybe it's just a range day.

[JFR]

SPY 15 min, extended hours. Up from Friday's close. 2 pbars showing up once again. Suspicious, strange, but not unexpected in this day and age.

[JFR]

ES daily. Up from Friday. Approaching resistance and the EMA 20. Got some stuff to do. Might check back later.

[Al_Dente]

ALMANAC: March Performance slips
https://jeffhirsch.tumblr.com/post/6439 ... e-slips-to

[Al_Dente]

$NYADV:$NYDEC at open: 10x bulls over bears (eased off a bit now)
last time it was that high was:

[Cobra]

Members only update at 10:10 am
http://www.cobrasmarketview.com/2021/03 ... ay-update/

[icman]

So much for not bottoming on Friday.

[ccash04]

Get to 4,000 today? Then pullback for rest of the month?

[Al_Dente]

leveraged ETFs intraday

[Cobra]

C&H, or consolidation here, bias still is up.

[BullBear52x]

Congrats to the dip buyers, a Monday gap and flat is common, but this? what?????? can't buy and can't sell at this junction but to watch with awe.

[Trades w 2 Cats]

Drifting up.

[marcueus3]

Soon spx above 4000

[BullBear52x]

Last ditch for the bears, LL on swing earning one sell coupon, intraday trade is back to buy so dip will be bought.

[Cobra]

Members only update at 12:16 pm
http://www.cobrasmarketview.com/2021/03 ... ay-update/

[Cobra]

The pullback this time probably will touch the EMA20 so pay attention to the EMA buy setup which sometime might be just good for a scalp though.

[Trades w 2 Cats]

Market python getting ready to swallow green liquidity pig. Media expects$1,400 and other stuff to be signed around middle of month. Then White House budget, speech soon after asking for several trillion more. So for now it is dangerous to short for more than a scalp. After the cash gets into Wall Street it will be dangerous to be long as the big players take it from retail.

[Trades w 2 Cats]

Michael McKerr via twitter
With 94%+ up volume and ~90% of NYSE issues advancing, it’s the best day for market breadth since 4/6/20 and currently on pace for a Major Accumulation Day. Since 1980, there have only been 20 days with 90%+ of NYSE issues advancing cc:
@jimcramer

@fundstrat

[BullBear52x]

I think we are here, analog to 2008. just for fun!!!

[te_fern]

Levered Financials are doing well, up over 8%...