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03/01/2024 Live Update

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Cobra
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03/01/2024 Live Update

Post by Cobra »

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Cobra
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Re: 03/01/2024 Live Update

Post by Cobra »


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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

Volume spiked over 3 Bil yesterday in overbought territory. this is 3rd time on this run up, 3-5% correction seems to be impossible with AI at work. :D
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Cobra
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Re: 03/01/2024 Live Update

Post by Cobra »

No sharp pullback in the next couple of bars then it's an uptrend day.
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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

Very weak run up, see 1 min. RSI, never hit 70 since market open, I want to see better momentum, at this point I will wait for MA support for dip buy.
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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

This is the strength I am looking for, RSI >70 with new high, now both buy dip or chase up are on the menu.
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Cobra
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Re: 03/01/2024 Live Update

Post by Cobra »

The pullback probably will be bought
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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

Buy in, no penny lower from this point for buyers.
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Cobra
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Re: 03/01/2024 Live Update

Post by Cobra »


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Cobra
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Re: 03/01/2024 Live Update

Post by Cobra »

Breakout is more likely.
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JFR
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Re: 03/01/2024 Live Update

Post by JFR »

ES daily.

Hard push at the top.

Trying for a breakout.

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JFR
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Re: 03/01/2024 Live Update

Post by JFR »

ES 60 minutes.

From S1, through the Pivot, through R1.

And keeps on going.

2024-03-01_10-07-59.png
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JFR
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Re: 03/01/2024 Live Update

Post by JFR »

ES 5 minutes.

Trend day. One for the bulls.

Yee Haw.

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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

Swing setup, dip will be bought. New ATH it is.
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Intraday, Bullish too bullish to even bother to mention what can go wrong. :D
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Internals: buying got follow through from yesterday, it's so bright outside, you got to put on some shades. Peace!
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Ratbastrd
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Re: 03/01/2024 Live Update

Post by Ratbastrd »

Watch for the rug pull. Seeing a lot of strange options activity today.
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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

Bonus chart: Before the weekend, pull up your chart with 50 dma on it. with the run like we have of late (months) without testing it, in the past there is no such thing as soft correction without a proper retest. The next down leg I will look to 50 dma not 20 dma for support.
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koolblue
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Re: 03/01/2024 Live Update

Post by koolblue »

Time to sell? A Demark sequential 13 sell signal has been triggered. Should be good for a couple hundred spx points/ 8-)
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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

I am so itching to short this market, but not yet, Patience, react, don't predict. It will come when the least people expecting.
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BullBear52x
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Re: 03/01/2024 Live Update

Post by BullBear52x »

As of now, just wait for when the bell rings, market open every morning, and start feeding like the Pavlov's dogs. :lol:
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Ratbastrd
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Re: 03/01/2024 Live Update

Post by Ratbastrd »

BullBear52x wrote: Fri Mar 01, 2024 4:01 pm I am so itching to short this market, but not yet, Patience, react, don't predict. It will come when the least people expecting.
I'm not sure anyone expecting it now. Agree with the patience advice, 60 day window puts are looking very attractive at these low VIX levels.
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