03/03/2021 Live Update

[BullBear52x]

Intraday sell the rip was a little slow but hasn't fail to say bulls is any thing but weak. so new LL is still in the card until this sell fails.

[1der]

Nearly every morning there is a PBar at the same time - 5am Pacific

Phantom bar only shows on one chart platform or multiple?

Shows on Interactive Brokers charts, the only feed I am using.

[BullBear52x]

Volume profile: Value area and POC are both lower than yesterday's, more bearish in comparison to the previous one.

[K447]

Nearly every morning there is a PBar at the same time - 5am Pacific

Phantom bar only shows on one chart platform or multiple?

Shows on Interactive Brokers charts, the only feed I am using.

Check whether it is some sort of repeating platform data glitch.

5am pst is 8am Eastern time.
Could be something to do with their daily prep for RTH

[BullBear52x]

Another give away is,any failed move will retest the previous LOW always, Auction theory. with a support of MACD histogram it's 105%

[Al_Dente]

"Consumer discretionary stocks are the most sensitive to the market cycle, and right now they’re giving no indication that cycle is about to turn, according to one of Wall Street’s most closely followed technical analysts..."
[XLY is overweight AMZN, TSLA and HD… compare that to RCD the equal-weight discretionary ETF]

https://www.marketwatch.com/story/the-s ... 1614793308

[Cobra]

Testing day low, key time.

[BullBear52x]

Look at $VIX and $VVIX, bear time is back for a day or two.

[Cobra]

Volume surge, biggest red bar plus the usual breakdown then sharp reversal, so should be a rebound here first then we'll see.

[BullBear52x]

The cool bear will be satisfied at 17ish not have to be 15ish, are they going to delay it until tomorrow? let's get it over with shall we?

[BullBear52x]

Going into tomorrow or even tonight after market trade, I will be very careful shorting this over night, this low is the last rip your face off rally setup. so.....fun to see but this is where wish you were in is better than wish you were out on both sides. At this bottom pivot, one thing for sure it will touch but a second from there can be really cray unpredictable. will see, next two days most likely the way $VIX and $VVIX look.

[BullBear52x]

Time is running out, two more sell setups before the lady shows up.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2021/03 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2021/03 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387

[BullBear52x]

who said rigged market, bears got their 3815 filled just fine. Haha

[1980_GeorgeK]

who said rigged market, bears got their 3815 filled just fine. Haha

Thanks for nice charts, enjoyed playing along and made some $$, again thanks!

[BullBear52x]

who said rigged market, bears got their 3815 filled just fine. Haha

Thanks for nice charts, enjoyed playing along and made some $$, again thanks!

Glad it works out.