In my preceeding posts, I'm actually "bullish" on equities in the fourth quarter. SPX ES - Welcome To The Fourth Quarter Rodeo Nasdaq Futes - You Wanted a Dip For That 'Santa Rally,' Aye? And while I think this price action, coming on the back of news that the US Treasury will "only" issue $10 billion more worth of bonds this quarter (compared to like...
-See the Chart above for an analysis -Price reaching off of daily/weekly supply -Shorts valid with confirmation -Personally will be trading smaller timeframes but still interesting levels. buy still valid for day-trading/scalping to the upside
The Red Pitchfork is a Pendulum-Fork. It grabs the biggest Swings and projects the most probable path of price, like in this chart. The Count starts at P0 and relies on the REAL Swings that I teach you guys & gals. Therefore the Bump from the green Support-Line is NOT a Up-Swing. It's just the center part of a Sine-Wave. Then P3 is created, breaking the Support...
The equities markets have spent the last three months liquidating bulls, and then liquidating bears, and then liquidating bulls, because the markets are primarily a scam for big money to sell options and have them expire worthless. No matter what system you use or whose ideas you follow, you're always just guessing, because the computers can take price and do...
The breathtaking rally in palladium appears to be coming to the end. Rising supply and slowing demand are undermining the price of a metal used to neutralize car exhaust emissions. Palladium, once the cheapest of the major precious metals, soared from under $500 an ounce in 2016 to over $3,400 last March, leaving platinum and gold far behind. The reason for the...
Here is my trading idea and how I prepare for the markets. Not financial advice only for entertainment purposes.
Allright guyz Please watch also my other last 3 videos,that will mention the way I trade- And hopefully it is benfical for you too. Indices are dropping like I said days ago, Banking crisis and Middle East conflict threathenning. Trading is a decision game, and sometimes taing decisions are really hard... But there are ways how to create your full potential and...
FOMC Major Resistances and Trendlines broken The market is bearish maybe a P shape trap of the bulls,Dont fall into trap In nivember or December the next Rate hike Possibility increasing. The inidcator above shos the trend of the Highs which are red, while the market making higher highs temporarily, and lower lows. The long 15D trend, here displayed on 7 H chart...
NQ - Daily - 14350 This is supply and demand to the tee on the NQ daily. You can see 4 days of resistance before price gapped up 580 points before pulling back. We are now retesting this area. After a demand that large, we are bound to see some sort of interest in buying within this area (theoretically). If we are to bounce on NQ, this is likely the area we'd...
NASDAQ:QQQ continues to weaken; I am short with various entries in the yellow box. Now that NASDAQ:QQQ has established a newer "lower-low" it may rally a little; but it is overall short. As such I'll be considering $374 as the top of my new box with $368 as the likely resistance zone to press these shorts. I think we'll see a run on that resistance zone by...
hello as you see on 5 min chart nq looks for channel supprt line wich is as i think equals to 15000 or 15004 remeber that i do not have a cristal ball predicting market move but i try to be more rational and efficient good luck
The Nasdaq has now rallied strongly and has left its green target zone between 15 292 and 14 431 points. The next target is now the resistance at 16 062 points and a further rise to around 17 500 points, where we expect the high of the orange wave i. It is important to note, however, that it is also possible that the high was already set in July. This alternative...
Watching reaction when we tap into daily FVG above. Will price retrace lower ? will it retrace lower and then bounce? Oct 13 was the low last year, it signaled the seasonal low before taking off to the upside for Q4. I am watching carefully now to see if we stick with seasonality trends. CPI/PPI/ other economic numbers could propel us higher or lower.
We have one large gap above and 2 gaps below. As usual, 4300 and 4200 are the whole number support. Above 4325; we can go for the gap fill to 4400-4405. Over 4405 is 4465 Below 4300 is 4200 and then 4150 then 4100. Remember, the JPM collar is calling for 4500 above and then 4050 below.
I took a short at $372 using credit-calls. The thesis is that NASDAQ:QQQ has made lower highs creating high-resistance liquidity and has shown a propensity to cheese-knife down below prior swing-lows. This is a bearish run. There is a swing-low at $348 that is a possible bounce area; but I think that NASDAQ:QQQ intends to challenge the $372 zone...
looks good for a drop and continuation of the weakness 1200 points to go ... bears are in control for now. #LQQS 3X short is a vehicle that i own as a hedge to my long exposure on crypto
NQ should find support at 14450 which should provide a relief bounce to 15190.
NYSE:MMM CME_MINI:NQ1! OANDA:NAS100USD PEPPERSTONE:NAS100 I noticed the relationship between the #MMM movement in the past and the Nasdaq movement now. If based on the #MMM chart, then the goal for us is about 9000 points.