I haver a hunch...
Updated
Call it a feeling or an intuition, monday is normally an up day, but the way the market is positioned. There is a TTM Trigger firing, RSI Divergence is Bearish. Now granted the GLOBEX session could totally change this, but I also have a strong sense that the Deep Pocket Bears are out at night, and they might start the waterfall if it is such.
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After Checking my other charts in multiple timeframes I am more Bullish
we could easily have another Bullish monday like we almost always do. We are only just above pivot, so we coud easily get a rup to to the some R levels.
Looking at both siders of it is useful, a Trader should always be ready to look at both sides.
I will leave a vid in my room premarket at the least.
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After Checking my other charts in multiple timeframes I am more Bullish
we could easily have another Bullish monday like we almost always do. We are only just above pivot, so we coud easily get a rup to to the some R levels.
Looking at both siders of it is useful, a Trader should always be ready to look at both sides.
I will leave a vid in my room premarket at the least.
Note
tradingview.com/chart/7sI7eOSQ/This 2 hour renko overlay chart is Bearish there is a TTM Squeeze firing to sell, RSI Divergence is bearish.
We will learn a lot by what happens in the GLOBEX session.
Note
Remember the market can go up or down in any instant, 50/50% but I think we would all be delighted with some selling, maybe by 10 AM or 10:30 or 10:45 we will see.Note
Well the only thing worse than going up or down is continuing to go sideyways trapped in a tight little range, and that i what it looks like in the GLOBEX session,let's hope we don't get more sideways motion.
Note
we hit a buy level and started going up, the first time we hit an S3 in so very, very long, since November 10th too bullish to drop to a S3 buy level until tonight and they bounced and went up, maybe the pivots will start working again now that we see buy levels.Note
Based on my newest posted idea, I'm not holding my breath expecting Monday to be a sell day.
Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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