Page 1 of 2
03/20/2026 Live Update
Posted: Fri Mar 20, 2026 9:07 am
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].
===============================================================================================================================
Double bottom (red arrows) or not, wait and see. I think bulls have chances.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 9:46 am
by BullBear52x
Today will be a resting day? inside day. anything goes...
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 9:52 am
by BullBear52x
Intraday, selling as usual.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:02 am
by Cobra
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:11 am
by Trades w 2 Cats
Topped out before the open. RTested from below and failed, big drop and a lower low. Walking on the edge of the cliff. Must be Op Ex.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:18 am
by BullBear52x
/ES 6592 key support from few weeks ago hits. let see a melt down or bottom here?
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:24 am
by JFR
SPY daily.
Down out of the wide trading range, and then down some more.
Aiyahh. Scary? Nope. Bargains at the bottom.
Will there be a bottom? Always. Snapping up value.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:27 am
by JFR
SPY 5 minutes.
Small gap, and then go.
Seeking a bottom.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:29 am
by Cobra
Consolidation, breakdown is more likely which if indeed then it's an early sign of a downtrend day.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 10:43 am
by JFR
Aiyahh. What is one to do?
Oil is up.
SM Energy. Founded in 1908. HQ in Denver.
Information only.
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado. -- StockCharts
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 11:12 am
by BullBear52x
Attention bottom shoppers. same playbook, different day.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 11:17 am
by BullBear52x
There is more room to run on oil to 2x top.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 11:56 am
by Trades w 2 Cats
The battle for 6,600 rages. Lots of wicks and tails. I think Monday could be exciting as it usually is after a big op ex.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 12:03 pm
by Cobra
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 12:28 pm
by Cobra
Not sure whether the low was in or not as I see kind of head and shoulders bottom (green arrows).
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 1:41 pm
by Trades w 2 Cats
Fun Fact-
5 of the Mag 7 are below the 200 day Moving Average. Goog and Apple closing in on it.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 2:16 pm
by Trades w 2 Cats
What was support is now resistance. Will they bang the close, will a trap door open or will we just fade away? Weekend news flow is going to be important.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 2:24 pm
by BullBear52x
Bear market, eh?
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 2:26 pm
by Cobra
Possible exhaustion bar, so a rebound might be due here after which we'll see, generally should be another leg down.
Re: 03/20/2026 Live Update
Posted: Fri Mar 20, 2026 2:31 pm
by JFR
Diversified portfolio coverage.
DBC, including some oil. Up.
GLD Down, recently.
IYR Down recently.
QQQ Down.
SPY Down.
TLT Down recently.
USO Up.
UUP up recently.