03/27/2025 Live Update

[Cobra]

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Higher low (therefore the low was in) or not, wait and see. I'll be mostly away from desk today, be back around 3 pm.

[BullBear52x]

will it be a flat day today, consolidating after a big sell off of yesterday? so far looks like we are going to open inside day, range bound. chop city. other than intraday chart I see it could be running either way, in a no man's land bulls need to see >61.8%. good luck.

[BullBear52x]

Gap filled, look below and fail?

[BullBear52x]

/ES 5760 is the last hope for bears me thinks. anything higher than that, it will turn super bullish. crazy market.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2025/03 ... ay-update/

[BullBear52x]

Intraday: new swing low, it is bearish bias, back inside value area. so far bulls show the desire to stay. same playbook for me.

[Trades w 2 Cats]

If 5720 doesn't hold then the 00 level will be lost and that could deter retail dip buyers. It is getting harder and harder to call this a pullback because it looks a lot like a short squeeze in a bear trend.

[JFR]

ES daily.

Lower open, close, high and low.

Beneath the EMA 20.

A setback for the hopeful bulls.

[JFR]

ES 60 minutes.

Down day yesterday.

Treading water today, in a range.

Between the Pivot and S1.

[JFR]

ES 5 minutes.

A roller coaster. Lots of movement, going nowhere.

[JFR]

MarketWatch

[JFR]

GLD

The ETF is trying to break out.

[Cobra]

I'm back. Glad didn't miss much as it's pretty much a boring day. We had a double bottom (green arrows) so the low might be in for today.

[Cobra]

Members only update at 3:28 pm
http://www.cobrasmarketview.com/2025/03 ... ay-update/

[Trades w 2 Cats]

Still waiting for all the quarter end pension fund buying.

On paper this is a wave III up and I am told it is common for them to have a slow and choppy start. I have a hard time accepting that this is the start of a move that will take us to new all time highs as we power through earnings. Time will tell.

[Cobra]

Members only update at 3:55 pm
http://www.cobrasmarketview.com/2025/03 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397