Back to www.cobrasmarketview.com

03/02/2026 Live Update

User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

03/02/2026 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].
===============================================================================================================================


3 push down but still looks strong therefore likely there's a 4th push down before a bottom could be possible.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/02/2026 Live Update

Post by BullBear52x »

Gap and no go again? same playbook, a lots of resistances above.
Attachments
1 - Copy.png
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2026 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/02/2026 Live Update

Post by BullBear52x »

Stay above 61.8% will be a bullish piercing candle, very bullish. :shock:
Attachments
1 - Copy.png
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 3138
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/02/2026 Live Update

Post by Trades w 2 Cats »

ES 03-26 (10000 Tick) 2026_03_02 (7_13_26 AM).png
Really text book ABC up of the overnight lows. ABC being a corrective, not an impulse move, so we will see.
6,875 was a significant level for options players last week and bingo here we are. Makes me wonder if the big trading houses were sanitizing their book.
Trades w 2 Cats
Posts: 3138
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/02/2026 Live Update

Post by Trades w 2 Cats »

ES 03-26 (2000 Tick) 2026_03_02 (7_31_42 AM).png
I have, once again, updated my trading chart. Dropped the moving average cross over and added Price Action Swing Pro to draw highs and lows. I think it looks cleaner.

Having said that a 20 point drop after a double top sure looks like the morning high could be in.
User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2026 Live Update

Post by Cobra »

Not sure whether it's a measured move up here (pink area).

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades w 2 Cats
Posts: 3138
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/02/2026 Live Update

Post by Trades w 2 Cats »

ES 03-26 (15 Minute) 2026_03_02 (8_09_52 AM).png
Still moving around in the range. Will be very difficult to move beyond this high volume node so I keep thinking that Globex overnight low could or should get tested.
User avatar
JFR
Posts: 11975
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/02/2026 Live Update

Post by JFR »

SPY 5 minutes.

Gap down.

Not filled at this time.

Much uncertainty and chaos in these crazy, high stress times. Imo the market totally reflects that.

Be a daytrader.

sc (1).png
Last edited by JFR on Mon Mar 02, 2026 12:28 pm, edited 1 time in total.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 11975
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/02/2026 Live Update

Post by JFR »

USO. 15 minutes.

War on. Oil likes it.

USO (2).png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 11975
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/02/2026 Live Update

Post by JFR »

PBR.

Nice action.

A cup. Another cup. And a breakout.

PBR.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/02/2026 Live Update

Post by BullBear52x »

As expected, the initial military operations is bullish. LOL.
Swing setup buy need to see new HH, then Moon....
Attachments
1 - Copy.png
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/02/2026 Live Update

Post by BullBear52x »

Intraday: Bullish engulfing if our bulls team can make new High from Friday.
Attachments
1 - Copy.png
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2026 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades w 2 Cats
Posts: 3138
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/02/2026 Live Update

Post by Trades w 2 Cats »

ES 03-26 (10000 Tick) 2026_03_02 (9_04_59 AM).png
I was suprised to see this double top with Friday. There is about a 20 point open gap down in the cash from Friday's open. Does that qualify as unfinished business?
User avatar
BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/02/2026 Live Update

Post by BullBear52x »

Top is in per my crystal ball, but no good reason to sell. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/02/2026 Live Update

Post by BullBear52x »

P-shape profile, its bullish going into tomorrow, unless there's war breakout somewhere, oh there is war. Hahahaha.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2026 Live Update

Post by Cobra »

Renewed strength, so maybe bias still is up.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2026 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 64992
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2026 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply