Gapfill
NQ Power Range Report with FIB Ext - 12/11/2024 SessionCME_MINI:NQZ2024
- PR High: 21442.00
- PR Low: 21417.25
- NZ Spread: 55.25
Key scheduled economic events:
08:30 | CPI (Core|MoM|YoY)
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
Break below 21430 support into inventory response off previous ATH breakout
- Daily print advertising rollover back to Keltner avg cloud
- Failed QQQ ATH breakout gap fill below 520
Session Open Stats (As of 12:45 AM 12/11)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 260.71
- Volume: 16K
- Open Int: 279K
- Trend Grade: Bull
- From BA ATH: -1.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20954
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
US100 - 1H - Short Setup to $21,000 (Technical Analysis)The CAPITALCOM:US100 bounced from the upper side of it's wedge where it marked it's new ATH. On the way up we opened two gaps (red in the chart) which are still left to get closed. We also see a RSI divergence which implies we've seen the top for now and are heading lower (at least for the time being).
Current targets would be the support at $21,184, then the trendline of the current wedge at around $21,000 and a bit lower the bigger support zone at around $20,600. If we break above $21,600 this short setup is denied.
Target Zones
$21,184 (Gap Close)
$21,000 (Trendline)
$20,600 (Bigger Support Zone)
Update on Tesla This is my update on Tesla stock.
A huge gap that was created today and looking to not go inside the gap.
Not seeing anything to show why this will continue going up without going back to the first GAP mentioned in the last post. Which was in October.
The GAP is showing a whopping 4% rise.
Falling Wedge on SPX Falling Wedge on SP:SPX spx could see a test of the 5930 Level, Fill the Gap and back up from there, if not expect a flush down to 5900 and retest 5880. We do not want to lose the 5900 level or bears will be feeling good and think they can fill the gap Below around 5860 That gap is very large and runs down to 5780 roughly.
Gap opportunity setup -TSLA
Gaps are opportunity setups for trading purposes, but why?
Because at those times you know for sure that something is happening with the stock so it will move to a certain direction. It gives you a signal of one of the following scenarios:
- Someone is "exploiting" news and creating a shakeout to generate liquidity for himself so he can buy more stocks by inducing FEAR into the hearts of the paper hands.
- Someone urgently wants to get rid of his stock, so he reduces the price until he finds uninformed value investors who can take from him the stocks. Since he is the puppet master who is a giant of industry relative to the ants of uninformed value investors, there will never be more uninformed value investors demand than his supply, so the gap can't be filled.
Note to self:
To create educational idea about this.
Here I just described 2 scenarios out of 8 possible scenario combinations.
You have TrendUP/TrendDown (2)
Multiplied X by
Gap up/Gap Down (2)
Multiplied X by
Filled/ Not Filled (2)
Equals = (8) combinations.
Again, if you don't have the master puppet philosophy of stock market logic, you are always confused. If you look at the market like the master puppet, everything makes sense and you have calm and easy trading.
See my other posts about the puppet master theory and philosophy to know more.
See that there is an upcoming earnings in TSLA very soon, the stock is just begging to move...
If the stock will remain in place, and there will be gap up in earnings, there will be Island pattern so this is clear strong indication to the LONG side...
USD/JPY Long Setup: Gap Fill in Focus
A recent price gap on the USD/JPY chart suggests potential for a long position. Given the price gap, we expect a possible gap fill scenario similar to last week, where the price moved to close the gap. This provides an opportunity to enter a long trade, anticipating upward movement with a careful stop loss.
Support Zone : 151.650 - 151.752
Stop Loss: 151.596
Take Profit : 152.878
NQ Power Range Report with FIB Ext - 11/4/2024 SessionCME_MINI:NQZ2024
- PR High: 20158.00
- PR Low: 20070.50
- NZ Spread: 195.5
No key scheduled economic events
High energy start to the week with significant gap down, quickly filled
- QQQ daily gap above ~493
Session Open Stats (As of 12:25 AM 11/4)
- Weekend Gap: -0.13 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 299.59
- Volume: 40K
- Open Int: 250K
- Trend Grade: Bull
- From BA ATH: -4.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
QQQ breaks above downward trendQQQ reverses after massive selloff and goes into bullish rebound
Thursday Oct 1 saw massive sell off on high volume, signals reversal coming
confirmation of reversal came Friday Oct 4 when it broke the trend and held above
Gap fill on Friday morning was quickly followed by rally staying above downward trend entire day.
Made an entry at 484 expecting more buying to come
Gap Fill - PAYTM📊 Script: PAYTM
📊 Sector: E-Commerce/App based Aggregator
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script will fill gap in near future, we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 564
🟢 Target 🎯🏆 - 750
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Bullish Earning play oct 1Bullish earnings play for nike, as over 7000 $100 Oct 4 calls were bought on Sep 27 for .40 cents each
over 1500 volume in the Oct 4 $95 and 97 calls too
The implied move for ER is $6 / or 7-8%
There is a gap fill to $93 from the june earnings gap down.
For a hedge, you could buy the $80 put
TSLA: Insanely Bullish - Next Key Points to Watch.In our last TSLA analysis we warned about resistance at $233 and that a breakout would take us to the next target at $245 to close the gap. Now, two weeks later, our target has not only been reached, but broken.
So I'll update you on the next key points to keep an eye on. Our last public TSLA study was done two weeks ago here on TradingView, and the link to it is below this post.
Daily Chart (Left):
Resistance at $265.13: The price is climbing toward the resistance at $265.13, which is a significant level as it marks the high from July. The price recently broke above $245.63, indicating strong upward momentum and clearing a key resistance level. Now, this previously broken resistance could act as a support.
Support at $233.09: The $233.09 level has held as a key support after the breakout in Sep 19, and the price has trended higher since bouncing off this level.
Trendline Support: The ascending purple trendline provides dynamic support, and the price has consistently respected it during this upward move. A break below this line could signal a potential change in trend, but for now, the trend is bullish.
Weekly Chart (Right):
Bullish Continuation: On the weekly chart, the price continues to show a strong bullish trend as it climbs higher after bouncing off key support at around $180. The recent price action suggests the potential for testing the $265.13 resistance.
Momentum: The 21-week EMA (blue line) continues to provide support, reinforcing the uptrend. This moving average has been well respected in the past, and the price staying above it is a positive sign for bulls.
Conclusion:
Tesla’s price action looks strong as it approaches a critical resistance at $265.13. If the price breaks and holds above this level, it could open the door for further gains. However, traders should monitor the $245.63 level, as it now acts as a support zone, while the purple trendline continues to offer a guide for the uptrend.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
Insiders loading - BIG GAP FILL POTENTIAL - AMLX - BIOTECH PLAYInsiders high level are loading up shares in the sub 3.00 area, I will personally scoop up shares between 2.99-2.54 Below that this plan is invalid. Stop placed at 2.54.
HUGE POTENTIAL FOR GAP FILL ON ANY POSITIVE NEWS. GOING THROUGH NO MANS LAND WITH VOLUME MEANS HUGE POTENTAL.
Because these things can be event based set your limit sells at numbers that make sense for you.
I will be cutting 35% around 4.30-4.40. Might buy back if it drops to 3.80s before any gap filling takes place.
Looking at a 43% upside from these levels to recent highs and if a bullish event-based volume day happens... Well, 6.51 is the next stop, and possibly $11.
Not a bad risk/reward ratio here.
Maybe the insiders, CFOs directors know something we don't just yet.
NDRA mega pump incoming & VHAI I also is about to blow up!!The final wave down isn't going to start til we pump back upto $1.50 or higher.
We have completed wave 1 & 3 of this wave and are in the B wave that I believe will get us above .60 before dumping to take the low.
After taking the low I assume we will then fill the gap.
Should have some serious volitility. At any poing they get enough shorts in I believe they will take $1.50 gap out but they need to trick enough into it.
With the perfect conditions and a big enough liquidation event I see $3.2 -$4 also targets before starting the wave 5 down.
I believe we can see an total beat down when/ very soon after they announce 0.50 rate cuts and that should suppress many small & micro caps til March
BTC is approaching its bottom in the 51k areaIt seems that BTC is approaching its bottom in the 51k area, as seen from several indicators including:
1. Fibo 0.618 (goldenratio) correction from impulsive wave from January to March
2. Major support at 51k has not been visited since February
3. Finishing ABCDE correction wave
4. Bottom trendline descending channel formed since March
5. Liquidity heatmap is around 51k
6. CME gap at 58k has been filled, and another gap has emerged above in the 59.5k - 62k area
7. Fear and greed at 26 (FEAR)
Keep An Eye - Gap Fill - POLYCAB📊 Script: POLYCAB
📊 Sector: Cables
📊 Industry: Cables - Power
Key highlights: 💡⚡
📈 Keep an Eye on Stock There was a gap down on 28th June we may see Gap Fill.
GAP RANGE - 6777 TO 6990
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂