Approaching trendline of 1HR chart. Do we have enough juice to push into upper 15M supply zone at 13047 or do we reject into pivot target P at 12889, by breaking through a newly shaped 15M/1HR demand zone?
MSFT earnings was solid, which is why we got a nice bullish push. Looking for possible break out of the downtrend for end of the week.
Looking for continuation of the 1HR downtrend. Been following it to the past 1.5 weeks since it formed. Looking for break through the 3HR demand and newer lows to monthly low of 12916. Upside maybe 13000, or at least hold over strong 13072. S1 on the higher timeframes breaks through 3HR demand and holds to 12.8k!
We had lots of movement for bulls/bears today. For upside, still looking for a strong break up and close over 13227 (5M supply) into 13278 zone. For downside, I am looking for a pull through 13023 LOD and close under it. We have large demand area starting at 12998 to 12957. There is an overlap in this demand zone with multiple time frames so it would be...
Tesla Earnings were a no-go and we see a pull to the downside. Lots of liquidity below, looking for a break of 13120 and hold a close below for a bigger move down. For upside, I want to see a break and strong close over 13227.
I hope you guys are doing good!
Price action is super choppy lately. Many earnings this week, but still looking for either a push back into the (2) 5M supply above or the HUGE 1HR/2HR demand zone below.
I did not look at my charts last night nor did I wake up for the NY opening. I decided to take care of my mental health first but for those looking for bigger zones for power hour, here we go! We do have some gaps to cover below and the one to fill above at 13180. I hope this helps!
CPI is released tomorrow. I got caught in the terrible price action today, so tomorrow I will need more patience and less gambling.
Possible bounce area in a faded green color below, but CPI will make volatility huge.
Anticipating bullish runs in Nasdaq.
Looking for a sell off to start the week into the levels shown between last week's low and 12858.
Once long, it would be reasonable to target last week's high at 13348, and higher.
CPI and FOMC Minutes on Wednesday and we are coming off a bank holiday so be cautious. I won't trade until Weds PM Session, if at all.
Thursday...
Bears took over today. Looking for break through this current 45M demand zone to retest the next. We may find some support in this range for longer though as QQQ is coming close to a support area. Let’s see what happens.
We recently broke out a strong 4hr supply zone.. but was it a fakeout? Will we have a retest and further push to the upside, or do we reject and break below?
I have a small short bias as Friday the price needs a break to breathe but we do have a gap to fill if you see the market open compared to Friday.
Insane bullish momentum in the evening NY session. Had to find zones through NinjaTrader as Trading View was not displaying previous candles correctly/accurately... But I hope this helps!
I realized I put the wrong headline for the charts earlier this morning. Nonetheless not much charting done for this session. This is what I am watching for tomorrow mornings session and possible fill to the downside and upside ✅ as we moved LOTS today!
This is after the FED meeting with Michael Barr. Interesting conversations said in that court room.
Played the quick volume fap fill to the downside, but now let's see the next possible moves. I hope these charts are helpful!
