Market Update 9/27/22 Structure Forming
TIMESTAMPS:
________________________________________
Intro 0:00
APPL What I want to see 1:32
Going Over Price Movements 1:44
DXY & VIX 9:36
BTC 10:48
ETH/BTC 16:09
DOGE 17:08
XRP 17:32
________________________________________
Same video structure as always. I go over what I want to see regarding APPL (the Market King outside indices 💪) and then I go more in-depth about what happened today and then go back over what I want to see again and then in to the usual, BTC, ETH/BTC, Doge, and XRP cryptos.
Average I want to see us start slightly above is 151.75. Starting slightly under looks worse, but I want to see the lower time frame structure collapse as well. IF you check the stream near 14:30 EST you will notice that they (bulls) do a good job of not allowing the price to start under the 30Min 375 hull, which would cause a drop to a weak range that would most likely fail.
From a week perspective, I still want the price to stay in this range. These last two weeks have just been a whole lot of over selling, followed by over buying. The Day time frame 375 Hull coming down on us is certainly concerning, as it will align with the 4HR 200 and 500 averages
and also where the fib level resides (155.50). While it creates a nice area to push through if we can get above it, an INSANE push can happen, but that is also because when things line up, it generally means its really bearish, and its not that people are buying it, but that its shorts getting wrecked and people covering their shorts, that pushes it up.
👁👃🏽👁 Cya tomorrow at 9:15 EST as usual.
________________________________________
Intro 0:00
APPL What I want to see 1:32
Going Over Price Movements 1:44
DXY & VIX 9:36
BTC 10:48
ETH/BTC 16:09
DOGE 17:08
XRP 17:32
________________________________________
Same video structure as always. I go over what I want to see regarding APPL (the Market King outside indices 💪) and then I go more in-depth about what happened today and then go back over what I want to see again and then in to the usual, BTC, ETH/BTC, Doge, and XRP cryptos.
Average I want to see us start slightly above is 151.75. Starting slightly under looks worse, but I want to see the lower time frame structure collapse as well. IF you check the stream near 14:30 EST you will notice that they (bulls) do a good job of not allowing the price to start under the 30Min 375 hull, which would cause a drop to a weak range that would most likely fail.
From a week perspective, I still want the price to stay in this range. These last two weeks have just been a whole lot of over selling, followed by over buying. The Day time frame 375 Hull coming down on us is certainly concerning, as it will align with the 4HR 200 and 500 averages
and also where the fib level resides (155.50). While it creates a nice area to push through if we can get above it, an INSANE push can happen, but that is also because when things line up, it generally means its really bearish, and its not that people are buying it, but that its shorts getting wrecked and people covering their shorts, that pushes it up.
👁👃🏽👁 Cya tomorrow at 9:15 EST as usual.
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