Fronttest
202241101 NQThe scenario for today is on the chart. The initial downside ss raid move is very anticipated to create more damage to the retail. Those who were late for shorts yesterday will open shorts on the breakthrough during ss raid that will create a lot of bs liquidity and facilitate the next move to the upside. That is narrative for today. I would like to see some upside => downside reversal to make ss raid => upside reversal for the main move. The possible +DOL in this case can be d vi
It is very high risk environment and NFP event at 10am can create huge moves in both sides. It is better to be patient and wait for the initial move to provide some clue.
20241018 NQI anticipate +JUdas into 1st FVG (Thursday) and D wick CE resistance to be respected by the daily time frame candle body. 9.30am is to be the crucial moment due to the absence of HI news today. My -DOL for today is NWOG below the d ss level. 9.30 is to make the fake upside move high and probably the high of the day. In case 9.30 will make the opposite move to the downside => that can be a sign of the opposite scenario and the odds for the upside move above the d bs level and next new high of the week will become high.
20241018 ESI anticipate some SandD before 9.30 and +Judas to D wick CE resistance level on 9.30 RTH start. The big picture is the SandD Bearish Friday ICT weekly profile.
There is no HI news today that is why 9.30 is the most important time point during AMS. In case 9.30 will make downside Judas swing that will reverse the scenario, moreover if d wick CE resistance fails to provide a resistance and PA moves higher => that makes odds high for the new high of the week (HOW).
20241004 NQI anticipate more upside. My +DOL is d bs raid. It is a very nice upside move on the NFP and PA can continue to move higher but I would like to see some draw back before another leg to the upside.
There are a lot of buy stops above and they are very attractive for the PA to move further upside. That is the simple narrative for today. All those hopes for the bigger move to the downside from the last historic high are to be scattered today with upside move.
20240927 ESI anticipate more upside to make bs raid and new HOD. There is only projection Fibo to anticipate the level on the upside. I anticipate 5845.50 level to be the +DOL. That will be the level where PA can start to form top for this day and deliver TGIF PA with move to the downside to the level of 5762.00.
20240823 ESI anticipate more upside before the 10am HI news. The d bs raid will be ideal. There is only upside retracement to the top of the ORG Thursday on the chart though. The high volatility is probable today that is why it is very important to see more upside before the 10am (TGIF enviroment will be generated)that will provide the base for the later downside move and the DOL with new LOD.
20240816 ESI anticipate more upside initially. The upside DOL is w bs raid and D VI. It is possible to see some more upside with spike. 8.30 news can be helpful to fuel this swift upside move. After that I anicipate TGIF downside move. It is an election year so upside BIAS is very strong, that is why only after IOF provides the evidence with signs in PA it will be possible to aknowledge the high of this week and project 20-30 % downside for TGIF.
20240814 ESIt is CPI and it is possibility for the Wednesday High of the week profile. Ideally to see shallow new high of the day and reversal to the downside. The DOL is below the D ss levels. The intraday IOF will provide with move precise targets for the partials and intraday DOL.
I am looking forward to see the first downside displacement around 9.30. It is not compulsory for the PA to make the new HOD before the reversal to the downside but it is an ideal scenario
20240813 NQI anticipate one more subdivision to the upside on the HI news at 8.30am. The PA can make higher move and create a bigger top spike. I anticipate -Po3 today with reversal to the downside after the initial upside reaction to the HI news. My downside DOL is equilibrium of the last dealing range and 15m+OB
20240813 ESI anticipate some upside with likely spike to the upside on the hills of the 8.30 HI news. => After that move to the upside I anticipate the reversal to the downside at least to the equilibrium of the last dealing range. The HI news at 8.30am can create a lot of volatility that is why the upside spike can move further and reache higher that it is marke on the chart. Nevertheless the general view is as mentioned above. I am very interested to see 8.30 price action.
20240802 NQI anticipate more downside to raid w ss and into w bisi CE level. => after that reversal to the upside with TGIF narrative and DOL. Asymmetry with DXY (dropping down with Stocks) makes things very risky. I would like to see the signs of the upside reversal first. Meanwhile price is moving down but I consider that to be a Judas swing.