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03/02/2026 Live Update

Posted: Mon Mar 02, 2026 9:12 am
by Cobra
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3 push down but still looks strong therefore likely there's a 4th push down before a bottom could be possible.

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Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 10:39 am
by BullBear52x
Gap and no go again? same playbook, a lots of resistances above.

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 11:03 am
by Cobra

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 11:12 am
by BullBear52x
Stay above 61.8% will be a bullish piercing candle, very bullish. :shock:

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 11:17 am
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.

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 11:34 am
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.

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 11:48 am
by Cobra
Not sure whether it's a measured move up here (pink area).

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Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 12:12 pm
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.

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 12:17 pm
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.

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Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 12:26 pm
by JFR
USO. 15 minutes.

War on. Oil likes it.

USO (2).png

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 12:33 pm
by JFR
PBR.

Nice action.

A cup. Another cup. And a breakout.

PBR.png

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 12:44 pm
by BullBear52x
As expected, the initial military operations is bullish. LOL.
Swing setup buy need to see new HH, then Moon....

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 12:47 pm
by BullBear52x
Intraday: Bullish engulfing if our bulls team can make new High from Friday.

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 1:04 pm
by Cobra

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 1:08 pm
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?

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 2:22 pm
by BullBear52x
Top is in per my crystal ball, but no good reason to sell. Peace!

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 2:24 pm
by BullBear52x
P-shape profile, its bullish going into tomorrow, unless there's war breakout somewhere, oh there is war. Hahahaha.

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 3:34 pm
by Cobra
Renewed strength, so maybe bias still is up.

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Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 4:34 pm
by Cobra

Re: 03/02/2026 Live Update

Posted: Mon Mar 02, 2026 4:52 pm
by Cobra