This Monday morning we looking pretty nice to go off to the upside with a FVG above and a double bottom setting up on with a 148 tick move to the upside let’s see how this play out today
SPY - Crazy finish to the week and month. Bulls absolutely controlled Friday and pushed us even higher on the weekly to create an engulfing week. We had super strong closes on the daily, weekly, and monthly. I cannot imagine a world where we don't push even higher next week. I would imagine we test the 418 and 420 levels at some point. Was not expecting this at...
I’ve shared this chart with my followers for a couple months now. You can check my posting history to see how the forecasts have NOT changed, but the chart is filling in nicely. Tracking the minutia at the micro level has been maddening over the last month. In my trading room I’ve advised my members to focus on the intermediate term pattern depicted in the above...
As long as we stay in this box the trading is tight and fast with no direction or big moves. Looking for it to break before getting excited at all
NQ tagged the upper zone, it is no longer relevant for me.
Weekly: Overview of total market. All info is write in the chart. there is a lot of fundamental info and bubble alert in bonds yield and numbers increasing in unemployment. Bonds inflows+++ Index options: bullish. Index cash: Big outflows. Dollar inflows+++
Hi all, welcome back to a new morning :) Without going into the nitty-gritty, NQ is holding a major zone right now (simplified to the most recent area) and the market has extended almost 300 points within a day. I am expecting two scenarios at the opening area which will define how I act for the remainder of the day: Scenario 1: Mean reversion long - Bulls...
Is a rare event when multiple planets are aligned in the night’s sky. It’s rarer still, when their aligned, and visible to the naked eye, and on-lookers do not require the use of a telescope. Let me explain. My crypto currency coverage list (SOL, ETH, BTC and ADA) have been rallying and hitting some of their initial sub-divided targets higher where I would...
See chart for analysis. -Looking fro buying opportunites with price inside demand zones. -Overall trend = uptrend + short term = sideways -Price above 200MA -Look for buys with Lower timeframe confrimation.
good morning, here's another idea for you guys - this one is quite neutral, and takes into account all of the current events which are currently taking place in the markets. --- nasdaq looks to have completed 5 waves up from the lows of october. (it could potentially go slightly higher to 13,666). >5 waves is either the beginning or the end of something - >in...
NQ - Interesting area! CME_MINI:NQ1! GLOBALPRIME:NAS100 Another key resistance area Highs: 13248.75 Lows:12957.00 Currently we are still within the ranges even though we've had CPI print we did escalate higher, but couldn't go above key resistance of: 13230 areas we could need break higher above that resistance to go towards levels of 13347.00. However, if...
Recently, the market has been reluctant to give back any gains over the course of the last three weeks. But is that changing now? Price action is a function of trader sentiment. Knowing that, every morning I wake up and ask myself, “WHY would any trader (fundamentally or technically) want to own stocks right here”? Seriously, there is no case to be made either...
In this article, I'll explore the recent decline in the Nasdaq 100 (NQ) index from the 13,200 level, focusing on its corrective nature and potential implications for short-term price action. By examining the 15-minute timeframe chart and considering the impact of tomorrow's scheduled economic release , we can gain insights into possible market moves and make more...
As we sit right now it looks like the NDX might gap on the open. I'll be live trading streaming this week so tune into that, also update idea as week unfolds. If we start on the upside the zone what we're watching is the August 2022 4D key level at 13,639. A reach for the market would be the 4D extreme zone between 13,900 and 14,100 or so. On the downside we...
Hey, the NASDAQ market is in a positive state. With a very good candle in the daily frame. Also, this correction came to the impulse wave. At 0.50%, which is a very strong Fibonacci ratio. Backed at 1820. Good luck, speculator . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click...
SPY - We were spot on with our analysis going into today's session. Last night I mentioned that we had a strong close on the daily and weekly and that I wanted to see us push higher. We also stayed within a 1% range today as I had also hoped to see (.71% range total today). Didn't quite get the movement we were hoping for (Inside Day), but we still were accurate...
QQQ has weathered federal action and the banking meltdown quite well. It has trended upward from a double-bottom pivot March 1 to March 13. The MACD has held steady without any bearish divergence from price action. Sell order blocks are lurking at 325. QQQ is trending above its anchored VWAP showing that buying pressure exceeds selling pressure. I will...