Now we see how they tweak the 13, ideally, we want to see them make a False Invalidation of the 13. Have at it Wall Street, it will Validate. Never surprising how low participation Fridays are Tilt-O-Whirl. 5 Ticks to Fill and a Friday Squeeze and further Stop Run for some additional ROOM to FILL. Patience, Highs are a process prior to Rolling over.
Self Explanatory, the VXN should be observed closely for SELL. RTs will be wholly dependent on the VXN. Inflation Data, Spending, Confidence the Drivers. Friday
Macro Data Core PCE Employment Cost Personal Income / Personal Spending PMI Consumer Sentiment Revised _____________________________________________________________________ VIX - Trading Range - Observe Financials for Reversal and Break for VIX@ 18.85 ES - 4505 remains the Key Break YM -...
All eyes on the iMob. 153.16 the HIgh Print for the Day at the moment. After Hours, the Retailers are Buying the Dip as Odd Lots fly by. The Hourly posted a large engulfing Candle, trailers whacked after Stops. Dropping 80 Handles during the first 6 Minutes of Globex shows precisely how nerves are edging. AAPL is the Economic Bellweather... it is perceived...
Observe these TFs: USE 30Min Bars for Scalps, they continue to work very well 10AM 1030AM 11AM 1130AM 1PM 130PM 230PM 3PM 330PM 4PM - 402PM
Anticipate an Overthrow, it is the pattern that completes the Highs for NQ. It throws Price Positions into Dis-Array and causes the Panic Close prior to Price moving significantly lower. "Tops" are always a Process, one that, by design will attempt to remove as many Profitable Setups as possible. The appearance of "Invalidating" the Count and Structure is...
Many forex pairs are indecisive today with regards to their market sentiment, so I decided to put all my focus on the nasdaq today. Earlier today my strategy presented several entries but this was before my trading hours. I'm very long biased on nas100 on the intraday, so I waited for a pullback and breakout entry and manage to secure this trade. I went in with...
So, yesterday's worst trade became the best. I try to keep pushing my limits and being better at this. In this video, I explain where the market is likely to go. What's been your thoughts so far?
Needless to say, extremely pleased to be able to finally see this Resolved. It took time, but then it almost always does to determine what is occurring. I firmly believe the Indices are heading lower, the complexity of this Counter-Trend required a 2X confirmation of the SELL and the Completion of both Structures. They have both Completed in effect when 13...
Hey, y'all! it's been so long. Anyways---in this video, I explained why that has been. I also took some trade. lol. . .you really don't want to know about it. But, watch the video to catch up. cheers!
$ndx nasdaq100 displayed a-new “M”. the. . .supply was effective after all. two places for the pull: 15300&15150. the market has an august demand on there that might just still be effective. of course, fingers eventually—crossed. pulls or reversals? Remember, watch the video before---commenting cos', trading is pretty risky.
This grows increasingly interesting as the 10 Year Note Yield pulls back. The NQ has posted a new ATH @ 15715 - which perfectly Fits 13/13 count Structure - it validates the reversal. It is 1:35 PM EST. Plenty of Price Action ahead. We clearly observe Momentum UNABLE to cross ZERO. An extreme Negative Outlook moving forward should it fail to do so. I believe it will.
Theoretically, the NQ can make a new ATH within the Structure. After the NYSE open it traded over the .618 to shy of 15650 @ 648. The 30 Min Bar proceeded to return its gain, but come 18 Ticks short of the Gap Fill. Ideally, we would like to SELLERs trapped again at Lows Intra-Day to add further Fuel to approach and potentially exceed ATHs. This will create...
Self Explanatory, Weekly Trendline Resistance is Strong. The Daily has the Potential to Over-Throw and then Dump to fill Gap(s) below. This move down will be as complex as the Retracement UP. Patience, more time required to complete Daily Sell Signal. This will fall apart. TECH Light EPS Day.
Sellers exhibited their intent @ the Retest of ATHs. With Apple reporting tomorrow, the "Adjusters" will make every attempt to keep it together within a larger Range. Typically, these have been 200 Ticks Intra-Day. We believe breaking the Lows and dipping into 15450 will be an indication, this Counter-Trend is completing. Price, after a deranged and somewhat...
I will keep this post short, so you can get a general idea of this trading style. First of all , we have a situation where the price could not make a new ATH in 200 days. It's important to notice that we can draw a clear structure with well-defined limits because the price stayed in a clear range between 146 and 114 Now that the structure is clear, it is easy...
hello support to be broken to double the NASDAQ sales good luck
Nasdaq Futures (NQ) breaks to a new all time high above the previous peak on September 7, 2021 at 15708.75. This suggests that buyers remain in control and the next leg higher has started. Short term Elliott Wave view suggests the rally from October 6, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 6 low, wave ((i)) ended at...