3A was confirmed by breaking the Prior weeks lows. Which leaves Price at the Lower end of its Trading Range. This implies Price may consolidate in a compressed sideways range prior to retesting the Lows. OR It simply Hot Knifes to the Lows and through them very quickly. The FED is on tap to meet @ 11:30 AM EST Monday, we'll known later day the results of...
Apple's Impulse Weakening Impulse Structure has finally broken. We warned of this on February 6th, the Retracement was concluding as many of the FANGs were seeing 55/199 Crosses occurring. 2C was a weak retracement, we were looking forward to more, but it simply was not to be. Yields crossing 1.691 were our LIS for the cross over 2% and onto 2.06 to and...
Penetration of the Fibonacci resistance Penetration of the Fibonacci resistance in addition to the presence of a large fluid
i think that's not a big volume but it's good enough to buy right now because we are over the vwap and it'll be a resistance for the NQ! downward
Markets bottom only through the 10 year bonds $TN forming a bottoming formation at 139, which roughly corresponds to 10YR interest rates topping at 2.2%. Might take a good week to churn out. Otherwise, adieu markets.
RSI hit overbought yesterday AH, sold of this morning obviously. A bit surprised by CPI numbers considering the attempted pump and dump, you figure with all their inside info that Wall Street knew it was gonna be bad. Expecting MFI and RSI to go oversold from here. ES chart is very similar, and RTY finally rolled over.
Today's reversal on the 10Yr Yield Spike is now problematic for several reasons: 1. ES .618 LT Failed 2. NQ 50% Failed with a 200 Tick FR of prior highs 3. TNX has begun the Breakout we indicated would send this into 3/5 ______________________________________________________________ Both were large Front Run failures. The Sell was on at 12:30 and took its...
By the Numbers. Straight forward with Macro Data Influence for Range. TNX providing direction ST. ________________________________________________ &11s and L15s (ES) Supportive. Gamma Supportive. A pullback to Chop to Go.
Nasdaq 100 index grew approximately 10% since its low on 24th January 2022. At the moment, it experiences choppy price action. However, the situation looks less dire for NQ1! than a week or two weeks ago. The daily time frame continues to show bullish developments while the weekly time frame shows mixed conditions. We are turning increasingly bullish on NQ1! which...
hello my friends we see soon break out trend its short position
Update - Short then long for NY open depending on what happens overnight. Signs point to a rally off this wave 4 low. Either W4 extends down overnight to the 1.236 or bounces here to retest the top or complete a wave 5.
Bullish signal in daily on the NQ, we see on the chart a very good support and an important support, so we are attentive to sell signals in daily. See the gaphic for more informations
Ever since Q4 2021, and most notably over the last several weeks, a gap has been exponentially growing between some of NAS100's pandemic high-flyers. The below chart reflects the current big 6 (Apple+Microsoft+Amazon+Google+Tesla+NVIDIA) who weigh over 45% of the entire index. They currently trade 14.3% below their ATH's which is an improvement from the 23+...
There's the key levels to look out for this week on the US indices!
The most important thing now is to wait and watch After the success of the previous analyses, Now we will be satisfied with the observer until it becomes clear to us the next destination of the Nasdaq stock
Gap and Trapuibto the Larger Correction. QQQ's remind me of the Tesla's that abruptly apply Brakes for no apparent reason. Speaking of TSLA, let's see if they can Jam it higher to 996. We will be SELLING Tech on any further Impulse Higher to the SELLZone. ____________________________________________ Prosperous Trading - HK
I believe this will be the most extraordinary point in Time we've seen since the 18% decline began. Price is approaching a point of Resolution - a large Inflection for the Conclusion of 2C and the lead into 3/5 lower. Typically Wall Street wants the Fill. This may have well been accomplished with the .618 for ES Filled and the weaker NQ's Fill @ .500. Are the...
Apple is weakening as it completed a 13 Count. FANGs all have crosses ad are trying t defend. Price has a clear lower Objective for a lower low, but the measured move exceeds the trench below. ____________________________________________ February will be extremely interesting for NQ. They have limited TIME to get this Junk back up. Ranges simply continue to expand.