Market Analysis and Trades for 3/3
If you are looking to join the Discord (now separate from the newsletter) please see here: JOIN THE DISCORD Please email help@pharmdcapital.com if there are any technical issues. Plans/levels will be posted in the Discord so the Discord option includes Substack content but a new Substack subscription does not include Discord access.
Be sure you have read the Starter Kit, including the free section even if you’re a paid subscriber. Trading Doggy Style Starter Kit
The 2026 Equity Markets Year Ahead can be watched here: 2026 Equity Markets Year Ahead
The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. It can be found here Market Analysis for the Week of 3/1
We have been using 6801.5-6808.75 as a weekly level within our yearly level for a number of weeks. While it has been traded through, sellers have never once made an attempt to properly defend it from below. It is range low until it firmly flips to resistance. We were also monitoring 6829-6833 as a reclaim would allow for a potential move to 6926-6931. The picture was effectively the same on NQ, which hit is major target today as ES stalled at our weekly 6911-6913 level. This complicates matters just a bit into tomorrow, which I generally prefer. It left us with some amazing trade setups on NQ in particular.
Note the 5-minute candle at open left no lack of clarity. From this morning’s update (included in Discord and Substack chat each morning).
Paid Content Below or in the Discord