Interesting Extensions from 500 to 618 as these levels traded on the Initial RT after 1A Down. Is this 2 of a new bear market? One day at a time is our approach. ________________________________________________________________________________ My Bias is Lower Lows ahead, from where is the question. Is this 2 or a larger 3/3... or is time for the further end...
Lessons From This Week's Trade: 1. Always wait for your setup 2. Divergences can be tricky. P.s: Next video explains this. Watch the video below to understand my view The market is currently in an uptrend but, I can't really take trades because of the issue no daily higher-lows and the rising wedge forming so soon. However, this week, I took just a...
Hello Traders! Nas100 Try Multi times to break resistance price at $14670, then going back to red zone support between $14400 - $14350 before that we have a strong support at $14450 - $14430 and that is the demand zone the price can't break it easily I suppose for you to buying from this level and take profit at $15400 on the next days do your research...
Room to chop, so it will. Large Call Volumes 172.50 to 175 for AAPl. NVDA and SMH do not look well. ______________________________________________ China is closing off US TECH>
Love it when things just work. From the lows of 2018 to the highs of 2020 the fib speed resistance got a perfect 50% retracement tag in NQ/NDX. Now, the question on everyone's mind is if this was "it" and i believe the answer is a resounding no. But, not before a possible retest of the .382 or even .236 and a new high. When we zoom out to the time cycle...
Can the Trend extend or is it more of the chop and slop into the Break later this week. Only the patient will survive the Violent move dead ahead. Kick em when they're up, Kick em when they're down. ____________________________________________________________________________ I make my livin' off the evenin' news Just give me somethin', somethin' I can...
the nasdaq will reach 14600 but be very careful as you know the nasdaq is the most difficult market in the world...it is the market where you can find the most algotrader....
Hey y'all so I wasn't at my finest this week. Had loads of technical issues and I couldn't keep up. Haha! occupational hazard. Anyway, I was able to take a trade that gave me some great pips. This week, the bulls took us by surprise. This is how my week went, How did yours? P.S: After this video, stay tuned for the strategy used and how to apply it.
We can See Price is beginning to extend Short Term. Higher Targets and a Structural Trend Line exist overhead. By Extension the 55 EMA would be an Objective, thereafter we shall see the reaction - ST Rejection or continuation. Overbought conditions will provide the answer as we approach these high Price Objectives. Price remains well above all 4 Hour EMAs and...
What went wrong and why was there no Lower Low and Capitulation Event. I anticipated a larger downside move with Divergences reaching extremes into the Single Digits for a great many Indicators. Rejected. Instead, what formed was a Double Bottom Support projection of a second test with higher Lows with no new extremes. Two events led to the creation of the...
Bulls have had a nice and surprising push after fomc to the upside this week. Will be watching if price respects the DT line and will consider this an uptrend day in a bear market instead of an official uptrend reversal period until DT line is broken and value created above. I like longs above 500 as there is plenty of space for bulls to prop this up above there...
Hey guys, It's the second week of March and I can say for a fact that: these bears are probably not done. However, the bulls keep leaving signs that they are coming back soon. signs like: bullish divergence, falling wedges.. I also, talked about the high impact news to expect for this week. Wednesday has a lot going on for her so: be careful on Wednesday. Stay...
By the Numbers for NQ today, a pullback into the next potential Extensions Higher Or Failure once again on a Bot Induced two Day wonderland. 692.50s to 710s - Support Holds on Pullback - EOD Squeeze again.
Anticipate a small Pullback prior to a decision on direction. The past two days have provided a large extension of over 5.5%. End of day will tell the tale, more prop, bids, and fun ahead IF the Dip is again bought overthrowing the TL's and Important EMAs to embolden Bulls to chase and begin a series of Extensions to 14,400 to 14,850.
FOMC Hawkish and yet the oversold in Tech found a Bid after Institutional Defense took the Field after the second test of the recent Lows was supported. China provided a heavy boost to the A50 after a very steep decline recently. Peace Talks lead to the belief Ukraine will be absorbed without a large loss of life. Rebound Day came and went, will it sustain? Of...
Nasdaq 100 has finally touched the 0,382 retracement (measured from wave 2 to wave 3) to put an end to this wave 4 correction. It's interesting to observe that march 2020 bottom is wave 2, unlike other indexes whose march 2020 bottom is wave 4. The same situation happened on 2009 bottom. Now Nasdaq is going to build wave 5 towards 20000.