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03/03/2021 Live Update
Posted: Wed Mar 03, 2021 9:48 am
by Cobra
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I'm unable to read anything from the chart. It's not a 3 Push Down because the current huge down bar is accelerating on the downside, the momentum is increased not reduced so should be recounted, i.e. need another 2 weakened down leg to make a 3 Push Down.
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 10:49 am
by marcueus3
close 3920 today ?

Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 11:01 am
by Cobra
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 11:16 am
by BullBear52x
3815 gap.
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 11:22 am
by BullBear52x
chart
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 11:48 am
by Cobra
$ARKK, rarely a bottom is flat, so probably it's either a consolidation pattern here (blue lines) which means a pause first before break down, or, if break down here then measured move (tinted area) down.
viewtopic.php?f=2&t=4483&p=292353#p292353
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 11:51 am
by Cobra
It's the very first touch of EMA20 in a long time, in theory (pay attention to this, as I really feel difficult to trust bears) the rebound should be sold around here.
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 12:24 pm
by Cobra
So as I suspected, probably another V reversal day, the low was in.
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 12:35 pm
by Al_Dente
BUZZ is expected to launch tomorrow, Thursday.
VanEck's new "Social Media Sentiment" ETF
Dave Portnoy [who is a VanEck shareholder] breaks down how BUZZ works: "when you invest in BUZZ - the money putting in is redistributed across the top 75 favorable stocks on social media - according to our algorithm."
The fund is expected to rebalance once a month, which is frequent compared to most ETFs.
https://www.marketwatch.com/story/the-m ... 1614723514
https://www.zerohedge.com/markets/barst ... to+zero%29
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 12:41 pm
by JFR
SPY 15 minutes. Another pbar formed in the off hours. Price is hanging around the previous close.
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 1:24 pm
by Al_Dente
"Important not to get too excited by any of the recent price ups an downs in #ES_F and zoom out: Since the Feb 15th all time high, we are simply consolidating/bull flagging, the real move is still ahead.
Short-term. My 3843 held, bulls need to reclaim 3865 which sees 3890,3920
[Adam Mancini]
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 1:25 pm
by Cobra
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 1:39 pm
by Al_Dente
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 1:41 pm
by Al_Dente
semis and the ten fangs, daily
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 2:08 pm
by Al_Dente
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 2:10 pm
by 1der
JFR wrote:SPY 15 minutes. Another pbar formed in the off hours. Price is hanging around the previous close.
2021-03-03_08-38-21.png
Nearly every morning there is a PBar at the same time - 5am Pacific
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 2:15 pm
by K447
1der wrote:Nearly every morning there is a PBar at the same time - 5am Pacific
Phantom bar only shows on one chart platform or multiple?
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 2:21 pm
by Cobra
Possible higher low
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 2:25 pm
by Trades w 2 Cats
Wed options exire in two weeks so mark that on your calendar. Coincides with dems promise to have the 1.9 Trillion on Presidents desk around the 15th. Afterwards supposedly they will do some sort of State of the Union video chat and talk about another couple of trillion for infrastructure. So yea, the end of the consolidation and the start of the rocket launch.
Re: 03/03/2021 Live Update
Posted: Wed Mar 03, 2021 2:29 pm
by BullBear52x
No reversal, only no LL to say last nail is in, I am still looking at (ES 3815 gap to fill) at the bare minimum.