Downjonesshort
Short US30Simple following market structure:
-Weekly chart there is a formation of a bearish tweezer top, wanting on candle close.
-Daily the previous candle isa bearish engulfing candle
-Breakout and retest H1
* If it breaks my major Weekly zone (orange box) I will keep my bearish bias
* If the price fails to break the weekly key zone (orange box) I will look to buy.
OVERALL: Im selling until the previous HL to keep bull bias
US30 Favoring Buys until PRZ is broken!Price sitting at the demand level that created the BOS, i'm favoring buys here until we get a solid break/candle close below the PRZ then i'll look for retests and short opportunities down towards the DL!
Let me know your thoughts!
Potential Distribution FormingNice BOS on the 10/15m on SPX, if we see this turn into a distribution and continue to fail the highs/break the lows i'll be looking for sells on NAS/US30...
If this is a Sign of weakness now we should get a push down (Tricking the early sellers) before a liquidity hunt up wiping them out before the move continues down... (If this turns out to be a true schematic)
Will probably happen during NYSE open (If it does) Let's see..
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Short From Daily Supply?US30 - Beautiful looking Daily continuation coming up, looking for a spike into the HTF supply around NYSE open before a break of the momentum and for price to head towards the lows!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Dow Jones naked price action.. Good evening from The Netherlands my Friends.
Fasten your seatbelts for a nice week of opportunities.
The America markets will be tested ahead of Russia and the Ukraine news..
When it comes to naked price action this is what I good get out of it..
My biggest lesson i have learned is to think in probabilities and possibilities..
The chart can be bearish now and all the favors will favor the bears but when the market opens tomorrow it can all be blown away and move it's own way..
Always be objective and never trade out of fear..
The pattern we see is a double top. These patterns have a good ratio of being true.
Even with the confirmation it can turn the other way.
We will see.. I begin the week with this picture and will steer in starting the week..
VIX - Monthly - BIG UPSIDE ON VIXOn the monthly and daily chart, I see VIX making a bullish comeback which suggest we are about to see crazy volatility in the stock market. Combine that with the recent insider selling from Jeff Bezos of around $2 billion worth of amazon shares and Kimbal Musk (Elon Musk's brother) selling around $100 million worth of tesla shares on Nov 5th and then Elon Musk himself proposing to sell his own shares, We are more than likely to see a market pull back or crash in the coming weeks.
dow multi harmonics1 bearish gartley completed I am now short this market looking for an optimistic move down to 24k where ther new harmonic completes lol
US30 Dow SHORTWanted to enter this trade earlier at bearish gartley completion but was busy working on other markets. I'm looking for a a short position with stop above 27000. targetting the up sloping trend line, hold for lower if it breaks.
