VIX is a fear gauge for the market Breaking out of this purple angle warrants some worries. If we manage to give back the current high then we can say we can move onto a risk-on environment. There is a sector rotation happening right now tech seems to be fading its strength and filling some gaps while some of the first sellers are finding support
The Rules of the Road Today. NQ, Prop attempt SEE APPL __________________________ Keep it Simple, it's Friday
So, lessons were learnt, losses were made. Anyway, that's what trading is about right? Today's NFP I really don't trade on Fridays—but, I took this trade on Thursday and I've been in it till now. Hopeful it doesn't slap me in the face, What's your take on this? Remember trading is risky—don't fret but, be wise...
Hey guys, Yesterday… I failed! The rush wasn't something I anticipated. It missed my partials by some pips as well. Today's different though—Why do I see two different patterns; two different timeframes. Watch to get an insight on today's deal. Remember, Trading remains risky.
Almost to the Tick - the Exit for today's low @ present. The range is now 15513 - 16170. We can see using both Draws they will attempt to run to 16170 most likely tomorrow. It will depend on the NYSE Close today. The VIX is down 5.75% with the VXN down 3.52% presently. AAPL manage to recover from the O/N Sell. AMZN MSFT NVDA GOOGA GOOGL and the SMH are being...
THE One to observe today, as it is giving up nearly $5 this AM. A hard break of the .618 provides a warning of Prie action to follow. The FED Pelicans will be out today, a great many on them... NQ has a lower-Price Objective # 155513, the HWBs are well overhead on entries. The VIX and VXN should be watched very closely as there will be an ST retracement...
How is it even possible for a night move to retrace whole day move with much less volume? how? now this is a bearish break, but im not sure what will happen overnight. .
Follow VXN RTs are Clear as are TLs. Larger Sell ahead after RT Wild Day ahead. Extreme VX
thoughts from your favorite Irish sister and brother: We might be going to a true bear market soon. Our algo is showing more activity in the bear settings. The more volatility setting and shorter times frame are strong profits, while less volatility longer times frame still show profits though less than was. In next week we will know more data about whether...
Okay… Now—I'm exhausted. What's this indecision between the bulls and bears? The daily with them tweezers; the hour 4 with the divergence—(Don't even know what that means). Ermmm… I might have taken a trade—Not sure of the outcome… But, I did. Watch and share your thoughts Remember, trading is serious business.
10 AM the Pelican begins testimony. It will be a pivotal time for Price today. I would not put anything past the Bird at this point. Softball Q&A will likely be in play. We trade Resistance O/N and Support in Pre. STO RSI on 1 Hour suggests a larger RT. We shall see. Be nimble, be quick.
If you review the Charts Published yesterday, you will find entries for - YM ES CL was almost perfect into the SELL. NQ, as it does - exceeded in Globex. NQ's Pirfce Objective is 15943.5 It is important to Note - NQ, as insane as this may sound can go on to make New Highs or at least make a failed attempt, it is the strongest on a relative basis, it can...
Okay, It's still November Thought otherwise. Anyway, first of all, thanks for 700 beautiful members. For the newbies—I don't trade on Mondays. My days are… Tuesdays, Wednesdays and Thursdays. Hmm… Thinking about it now—I'll probably make a why video soon. Just a part of my trading plan… though. For today—The market is moving bullishly… Heh—I wonder...
Oh My... this thing is a Widow Maker. Seriously a desperate effort to Prop with ANY/ALL opportunities to Squeeze. Use the VXN for Entry, 316 could be exceeded as the week progresses - for now, it is the FILL into the Sell. Today may end up very choppy into Jerome after 3 PM EST. ________________________________________ The BIG 7 are not done with their...
Oversold on 3 hr, but daily looks bearish. Guessing an up move tomorrow then down next week? Not much usually happens on Thanksgiving Friday but you never know....
There are 2 Draws here: 1. The preferred Draw is from the Prior 50% Entry into the Trend at the 414 / 418 Level to lows 2. The High to Lows 767 to lows. __________________________________________________ The SMAs are in very poor condition as the 144 SMA is well above on the Hourly TF. MACD is weakening with far Lower Divergences below...
IF there is to be any Retracement Monday: 1. It will be short-lived and contained between the 238 - 315 Levels. 2. We have not seen a 34/55 SMA Cross - one ore day to Selling, these important SMAs will indeed Cross. 3. IF Volumes Remain Flat, the Potential builds into Tuesday as Institutional Participation engages the SELL continuation. 4. The SCOPE...
The NQ has been the Laggard to the Downside. A break of Big 7 was required to indicate the Validity of the Bearish Engulfing Candle. APPL MSFT AMZN GOOGA GOOGL TSLA NVDA All began to Sell on NYSE Open Friday, a shortened Day with Volumes Sub Par. _______________________________________________________ With Crude Oil absolutely being SOLD during the Globex...