02/04/2021 Live Update

[Cobra]

Members only update at 10:20 am
http://www.cobrasmarketview.com/2021/02 ... ay-update/

[Trades w 2 Cats]

Looking like the overnight high could be it.

edit- i miss read OR as ON so "Never Mind"

[Al_Dente]

Internals, 15m
but once again, volume sucks

[JFR]

SPY 5. Taking the plunge.

[BullBear52x]

Always take half off the table, right or wrong. MA support failed it will be a home run for me.

[BullBear52x]

Look at TRIN, activities, I am not alone selling this area.

[JFR]

ES Long has been good to me. NQ Short more like the wild west. Sloppy entry with the TGT/STP in the hustle. Bid and Ask were jumping around like crazy. Just scalps, part of the game.

[Al_Dente]

SNAPSHOT (daily view, 13 and 20ma)

[JFR]

SPY 5. I find it a strange day. ES semi-normal, unlike NQ, which is whacked today. But even ES/SPY a bit strange. It plunges, but does not reach the EMA 20. Go figure. There are many actors in the scene.

Taking a break ...

[BullBear52x]

Good economy number today, only 779K people out of job, better than expected. LOL

[JFR]

QQQ 5 min. This is whacked. Churning like crazy, going nowhere. Later ...

[Cobra]

Breakout to day high with good looking bull bar would mean it's an uptrend day.

[BullBear52x]

Bulls win today. I am sitting out,

[Al_Dente]

wouldn’t cha know that FINRA found fault with David and no mention of Goliath
https://www.zerohedge.com/markets/do-no ... to+zero%29

[BullBear52x]

this is the second push, wait for next sell setup I will get on it again. bullish now but I know this is running on fume.

[Al_Dente]

IWM
potential double top
potential ATH

[Cobra]

Consolidation above the breakout point so bias is up so the breakout was more likely for real.

[Trades w 2 Cats]

Last jobs report for the prior administration tomorrow. If I was the new guys I would be cleaning up the adjustments so the numbers look better in the future.

[Trades w 2 Cats]

Last hour looking more like rounded top than trend up. But you would have made money fading me today so far. Ha Ha

[BullBear52x]

Last jobs report for the prior administration tomorrow. If I was the new guys I would be cleaning up the adjustments so the numbers look better in the future.

Just stroke of a pen, whoop more than 11,000 jobs is gone, so, another stroke of a pen there should be job create some where right? just to be fair.