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03/29/2021 Live Update

03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 8:36 am

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Lower high or not, wait and see. 50% chances.

Gap down within the Friday's range so likely just a range day.
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Re: 03/29/2021 Live Update

Postby JFR » Mon Mar 29, 2021 8:49 am

SPY 15. Down from Friday's high.


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Re: 03/29/2021 Live Update

Postby JFR » Mon Mar 29, 2021 9:36 am

SPY 1. Climbing back up.


2021-03-29_06-35-56.png
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Re: 03/29/2021 Live Update

Postby JFR » Mon Mar 29, 2021 9:58 am

SPY 1. All's quiet ... So far. Ha ha


2021-03-29_06-57-22.png
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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 10:07 am


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Re: 03/29/2021 Live Update

Postby JFR » Mon Mar 29, 2021 10:10 am

ROST 1 minute. Finding some action on the short side. Taking a break ...


2021-03-29_07-09-01.png
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Re: 03/29/2021 Live Update

Postby Al_Dente » Mon Mar 29, 2021 10:55 am

"She's free": Traffic in Suez Canal resumes after stranded ship refloated
https://www.reuters.com/article/egypt-s ... SL1N2LR06I
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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 11:06 am

Breakdown in the next couple of bars with good looking bear bar, then it's a downtrend day, key time.
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Re: 03/29/2021 Live Update

Postby Al_Dente » Mon Mar 29, 2021 11:34 am

Larry McDonald on Archegos' forced liquidation
3min video, this morning
https://www.youtube.com/watch?v=3qzwhF3MxLs

BANKS and SPY, daily
329banks perf.png.jpg
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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 12:16 pm


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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 12:32 pm

Measured move up? 51% chances I think.

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Re: 03/29/2021 Live Update

Postby te_fern » Mon Mar 29, 2021 1:07 pm

went and mowed my yard. missed quite a move!!
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Re: 03/29/2021 Live Update

Postby Al_Dente » Mon Mar 29, 2021 1:59 pm

maybe call buyers want to buy more, but for now they are on the fence, with a neg divergence
breadth stinks
329calls fence.png.jpg
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Re: 03/29/2021 Live Update

Postby Al_Dente » Mon Mar 29, 2021 3:10 pm

“The S&P 500 in particular looks vulnerable from a tech pullback as more than 25% of its top holdings are tech companies.”
[Pasha here: a cursory count of Technology Sector and “Communications Services” stocks ROUGHLY verifies that 25% number]
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Re: 03/29/2021 Live Update

Postby JFR » Mon Mar 29, 2021 3:34 pm

MMM. An oldie but goodie.


2021-03-29_12-31-58.png
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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 3:36 pm


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Re: 03/29/2021 Live Update

Postby JFR » Mon Mar 29, 2021 3:43 pm

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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 3:53 pm


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Re: 03/29/2021 Live Update

Postby Cobra » Mon Mar 29, 2021 3:55 pm

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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

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Re: 03/29/2021 Live Update

Postby BullBear52x » Mon Mar 29, 2021 4:05 pm

I got two days to trade this week, get ready for Turn around Tuesday? this is not a bullish run material today. Hmm.... see ya tomarooo
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