Good day Team:
The market has been moving quite mercurial lately.
On the daily on the triple Q we have consolidation that can determine price action upward for the buyers and downward for the sellers. However, we may have some confluences that may possibly favor the buyers.
✅ MACD (CM_Ult_MacD_MTF)
Histogram is turning positive, signal lines crossed bullish.
✅ MACD shows momentum reversal confirmed.
Ideal for a bullish breakout play if price follows through.
Williams VIX Fix (WVF)
Has a confirmed spike (11.97), with declining bars before and after.
WVF confirms a bottom is likely in or forming.
Let's hope for a clean break out, please see chart for key levels and indicators.
🧠 Final Trade Summary:
🔥 Most Lucrative Setup = LONG ABOVE $483.88
Backed by WVF, MACD, momentum, and structure
Only enter if 1H confirms breakout with strength
Stop under $480 (tight) or $468 (wide)
Target $489 → $491 → $500
Skip shorting unless price fails breakout and dumps on volume
The market has been moving quite mercurial lately.
On the daily on the triple Q we have consolidation that can determine price action upward for the buyers and downward for the sellers. However, we may have some confluences that may possibly favor the buyers.
✅ MACD (CM_Ult_MacD_MTF)
Histogram is turning positive, signal lines crossed bullish.
✅ MACD shows momentum reversal confirmed.
Ideal for a bullish breakout play if price follows through.
Williams VIX Fix (WVF)
Has a confirmed spike (11.97), with declining bars before and after.
WVF confirms a bottom is likely in or forming.
Let's hope for a clean break out, please see chart for key levels and indicators.
🧠 Final Trade Summary:
🔥 Most Lucrative Setup = LONG ABOVE $483.88
Backed by WVF, MACD, momentum, and structure
Only enter if 1H confirms breakout with strength
Stop under $480 (tight) or $468 (wide)
Target $489 → $491 → $500
Skip shorting unless price fails breakout and dumps on volume
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.