Long entry at 16,456 area TP target 16,570 SL at 16,400 Risk to Reward = 1:2
QQQ's appear to be Targetting 411. Globex took advantage of Sub 500 Selles and blew them out O/N. Predictable as odd lots were flying by into the final hour on the SELL. 15565 the new milestone with the potential for a return of ALGO Tuesday which, IF, - in trade will blowout Sellers all day. Given the volumes, it's likely to be a follow-on...
90% NQ will break 17200 but don't go with E-mini contract I advise you to use micro contract
Up and over the Prior 4 Day Hi/Lo after a rough end to 2021. Channel off Time violated to upside as well. OSC's picked up a little steam. The usual 711 muggers were out without Masks. A/D was another disaster @ -42.1 Summation Index remains VERY NEGATIVE A/D Volumes peaked at 418 NH/NL @...
Further Distribution into NYSE High Tick and Reversal. The NYSE open High to Low was pure comedy, hopefully you latched onto it :) Continued Selling Pressure on Positive Divergences is another attempt to confuse Traders and the Tape. Hourly Negative Count / 4 Hour Count Negative as well with Larger Divergences. Participation remains on the Lower side with...
Gap Fill Trade Entry at 16,499 SL 16,536 TP 16,425 Risk to Reward: 1:2
Here we have some levels on NQ I am watching in the short term. Liquidity premium is coming off higher levels and starting to normalize. The previous upside niner could act as a reject or send it level. If you have anything to add feel free. Thanks
Last week we had an anomaly from the ALGOs. Tuesday's have historically been Prop Day. Monday, perhaps due to Year-End Volume and continued Distributions, the Operators brought it forward on Low Participation Squeeze to provide Higher entries into the SELL which continued the balance of the Week. ____________________________________________ Price continued...
NQ's Price is well below the crossed SMA's above, as well the Cloud's Span (White Line). Consecutive conventional moves lower were proved out on the Failures @ .500 and then. 382. as the Week Progressed. ___________________________________________________ With the FOMC minutes arriving Wednesday and important Macro Data ahead this week. Observing how the NQ...
It's not always Rainbows and Butterflies, but compromise that moves Price throughout the Larger Range. The tradeoffs will begin to develop early in 2022, a year which will provide far larger Ranges as 3/5 Completes followed by 4/5 and finally 5/5. Distribution is a lengthy process with the majority of shares owned the US's 18+ Millionaires and Billionaires. 4/5...
Well, NQ will suffer for a while, and I posted an analysis mentioning so. it's still gonna be short for a while, price is not showing any signs of a push by the buyers, in fact it's the other way around. price is being forced to drop and trust me it will if you didn't check my previous mentioning of NQ drop, I'll put the idea down.
How was your December/year? In this video, I explain how the bulls and bears are now in a range. It's advised to stay out as we watch the watch-hour close. Be available every Saturdays for my teaching. Happy new year! Listen, trading is risky and not easy. Be sure to not trust anyone---even me! Please leave a comment, like and follow-up if you enjoy my feeds or...
NQ has been predictable on Tick and levels, a clear rejection with mild overthrows to SELL. Clear Supports to BUY, although they are truly supporting but LEVELS to follow the Algos fill the next PO on Micros. NQ has been wildly profitable for scalpers with strict discipline. This is the 9th day of this pattern - it works for...
Globex should be fun. MIsdirection into the 2:30 - 3 PM EST TF. Quiet and weak Vol Bid under 711s only to reverse the exact same pattern of the distribution we've seen on Hourly Charts fro the past 8 Sessions. 4HR is pure Distro. VVX and in particular the VXN came up off their low of the Session. IV for VXX is sky-high for FEB 18th. Even the DOW forced up...
this close today, could not hold, although month and week hasnt finished yet bull move seems unable to continue above resistance, and back to -6% support.
Larger Range with IV rising or Big 7. Can Apple finfish the year as a $3 Trillion Co... Should be the highs.