Back to www.cobrasmarketview.com

   

03/31/2021 Live Update

Re: 03/31/2021 Live Update

Postby Trades w 2 Cats » Wed Mar 31, 2021 11:12 am

Hey, if you get up really early or stay up all night (or are thinking of a village rehab house in Italy or Spain)-


Coming April 19th: Micro-DAX & Micro-EURO STOXX futures!

More info on the products here: https://zcu.io/V3dA

Contact Edge Clear for details: https://zcu.io/yYuf
Trades w 2 Cats
 
Posts: 357
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/31/2021 Live Update

Postby Al_Dente » Wed Mar 31, 2021 11:14 am

Tech Big Guns on the daily have a long-ish way to go
331qq.png.jpg
User avatar
Al_Dente
 
Posts: 25687
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/31/2021 Live Update

Postby JFR » Wed Mar 31, 2021 11:15 am

SPY 1. The tide is rising.


2021-03-31_08-15-00.png
User avatar
JFR
 
Posts: 5552
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/31/2021 Live Update

Postby Al_Dente » Wed Mar 31, 2021 11:27 am

AT THE MOMENT:
You can see the breadth unfolding in the AD on the two bottom panels
new york AD is not good enough yet for bulls
nasdaq AD (yes we use volume instead of issues, as the vast majority of nas volume flows into the qqq issues) is very bullish
15min

331breadth.png.jpg
User avatar
Al_Dente
 
Posts: 25687
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/31/2021 Live Update

Postby BullBear52x » Wed Mar 31, 2021 11:27 am

wait for dip, never came. this MA support should give a good support, if there will be an up trend day this is it.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25099
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/31/2021 Live Update

Postby JFR » Wed Mar 31, 2021 11:29 am

...
Last edited by JFR on Wed Apr 21, 2021 8:17 pm, edited 1 time in total.
User avatar
JFR
 
Posts: 5552
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/31/2021 Live Update

Postby BullBear52x » Wed Mar 31, 2021 11:42 am

Market rally on nonfarm job number LOL
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25099
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/31/2021 Live Update

Postby Trades w 2 Cats » Wed Mar 31, 2021 11:44 am

Not sure what that test of the Opening hour high means. Bid ask delta looks weak. Maybe we range here until after lunch. I am a bear at this point because I think up momentum has left the building.
Trades w 2 Cats
 
Posts: 357
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/31/2021 Live Update

Postby JFR » Wed Mar 31, 2021 11:46 am

Update. Dow down. Russell slip sliding. QQQs strong. SPY good. Without checking the news or sources, I think the bigs are placing their bets.


2021-03-31_08-44-03.png
User avatar
JFR
 
Posts: 5552
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/31/2021 Live Update

Postby BullBear52x » Wed Mar 31, 2021 11:52 am

Trades w 2 Cats wrote:Not sure what that test of the Opening hour high means. Bid ask delta looks weak. Maybe we range here until after lunch. I am a bear at this point because I think up momentum has left the building.

see histogram, yesterday was weak but not today, this is a strong breakout material here. thing can change on a dime but for now bulls are marching on.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25099
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/31/2021 Live Update

Postby Trades w 2 Cats » Wed Mar 31, 2021 11:55 am

Serious buying coming in. Find out soon if 75 was the goal or just a rest stop.
Trades w 2 Cats
 
Posts: 357
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/31/2021 Live Update

Postby BullBear52x » Wed Mar 31, 2021 11:57 am

I am not counter trend today. today is buy day for me. for bears there is 3 push up to be play. be careful tho.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25099
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/31/2021 Live Update

Postby Al_Dente » Wed Mar 31, 2021 11:59 am

On my 15 min watch this is a quad top
WWCS what would Cobra say? Guessing: there is no such thing as a quad top, breakout most likely

331quad top.png.jpg
User avatar
Al_Dente
 
Posts: 25687
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/31/2021 Live Update

Postby Trades w 2 Cats » Wed Mar 31, 2021 12:16 pm

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_03_31 (11_14_06 AM).png

Added bid ask delta. Total is for entire Globex session, not NY only. Point being it is another way of seeing the big boys crossing the bid.
Trades w 2 Cats
 
Posts: 357
Joined: Tue Dec 15, 2020 3:48 pm

Re: 03/31/2021 Live Update

Postby JFR » Wed Mar 31, 2021 12:17 pm

I have no need to mess with Bitcoin. But these scams get one's attention. Con artists and scammers are about the most clever people out there. That is how they survive.

I will trust certain amounts with online brokers. But no online banking for me. Too many clever hackers on the prowl. If it is online, it is at risk.

Here is a scam involving Bitcoin and an app on the Apple App Store.

https://www.benzinga.com/markets/crypto ... itcoin-app

"Apple 'Betrayed' My Trust, Says iPhone User Who Lost $1M To Scam Bitcoin App"


2021-03-31_09-16-27.png
User avatar
JFR
 
Posts: 5552
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/31/2021 Live Update

Postby Cobra » Wed Mar 31, 2021 12:19 pm

Maybe a pullback here which if indeed then we may have 3 push up pattern in the making which means finally a little bit more pullback in the card.
Attachments
1.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: 49579
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/31/2021 Live Update

Postby Cobra » Wed Mar 31, 2021 12:23 pm


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: 49579
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/31/2021 Live Update

Postby Al_Dente » Wed Mar 31, 2021 12:28 pm

SMALLS
Top 5 holdings in IWM :shock:
2 months, hourly
331top iwm.png.jpg
User avatar
Al_Dente
 
Posts: 25687
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/31/2021 Live Update

Postby JFR » Wed Mar 31, 2021 12:32 pm

ES 5 minutes. Pushing at the top. Taking another break. No chocolate this time.


2021-03-31_09-29-11.png
User avatar
JFR
 
Posts: 5552
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/31/2021 Live Update

Postby Al_Dente » Wed Mar 31, 2021 1:06 pm

To be announced this afternoon at a press conference in Pittsburgh. He's expected to start speaking at 1630ET, after the market closes.
According to the leaked 25-page document obtained by the NYT, Biden's ... plan, which will carry a $2.25 trillion price tag ... per the Washington Post, will finance the rebuilding of 20K miles of road, repairs to the 10 most economically important bridges in the country, and the elimination of lead pipes and service lines from the country's water supplies. In total, the plan features $50 billion "in dedicated investments to improve infrastructure resilience".
The plan also includes a long list of other projects intended to create millions of jobs, with the goal of strengthening America's long-term competitiveness...The plan includes a shift to cleaner energy sources, a $16 billion to fund a program to retain fossil fuel workers to transition to new work ...
and an additional $46 billion in federal procurement programs for government agencies to buy fleets of electric vehicles, and $35 billion in research and development programs for cutting-edge, new technologies... and much more...
User avatar
Al_Dente
 
Posts: 25687
Joined: Thu Jul 21, 2011 2:29 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 6 guests

cron