NQ Power Range Report with FIB Ext - 6/21/2024 SessionCME_MINI:NQU2024
- PR High: 20063.00
- PR Low: 20040.75
- NZ Spread: 49.75
Key economic calendar events
09:45 | S&P Global US Manufacturing PMI
- S&P Global Services PMI
10:00 | Existing Home Sales
11:00 | Fed Monetary Policy Report
Strong rejection off 20371 ATH
- Likely "slow" RTH open due to calendar events before lunch
- Relatively low volume session open
- Inventory response at 20000, ahead of Monday's low
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 255.42
- Volume: 18K
- Open Int: 243K
- Trend Grade: Bull
- From BA ATH: -1.56% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Volatility
NQ Power Range Report with FIB Ext - 6/20/2024 SessionCME_MINI:NQU2024
- PR High: 20241.25
- PR Low: 20227.50
- NZ Spread: 30.75
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
11:00 | Crude Oil Inventories
ATH march continues through rollover week
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 248.72
- Volume: 91
- Open Int: 229
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Macro Bitcoin ThesisThis will not be appreciated and who knows if it's right but here's my last macro prediction for the distribution of risk assets.
Curtesy of x/ki_young_ju we have what looks like to be miner selling beginning. ETF inflows are still increasing, though.
x.com
We have what looks like Bitfinex exiting stage left.
Easy to see when exchanges deviate from the Bitcoin average price we get tops.
Bitcoin Dominance is topping as well. This will be the best time to predict where you are selling your altcoins as they are already popping off, and have much more room to grow from here while Bitcoin stalls.
My idea for the flows of liquidity will be US firms will still want exposure to their Bitcoin through the ETFs but the rest of the world hasn't had the regulatory hurdles the US had, so they will be selling their Bitcoin to the US at top tier prices, causing a top, in my opinion.
The price discovery periods for Bitcoin, although higher in price, will average less in magnitude.
NQ Power Range Report with FIB Ext - 6/14/2024 SessionCME_MINI:NQM2024
- PR High: 19615.25
- PR Low: 19592.50
- NZ Spread: 50.75
Key economic calendar event
11:00 | Fed Monetary Policy Report
Maintaining value in Wed highs
- Holding inside prev session range
- Prev session advertising reversal back towards 19400
Evening Stats (As of 1:15 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 235.94
- Volume: 17K
- Open Int: 228K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19814
- Mid: 18675
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 6/13/2024 SessionCME_MINI:NQM2024
- PR High: 19602.75
- PR Low: 19585.50
- NZ Spread: 38.75
Key economic calendar events
08:30 | Initial Jobless Claims
- PPI
13:00 | 30-Year Bond Auction
Continuing to push ATH
- 330+ point inventory run from Tue high
- Inching value above prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 240.50
- Volume: 18K
- Open Int: 238K
- Trend Grade: Bull
- From BA ATH: -0.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19814
- Mid: 18675
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Massive Volatility For BTC During FOMC / CPIAs you can see from the chart,
Beginning last week, there was a leverage flush on CRYPTOCAP:BTC
- Following another flush leading into the CPI data
- CPI data was positive, which led to a pump
- FOMC meeting and Jerome Powell speech 6 hours later leads to a correction again.
Trading this is a massive opportunity, not understanding what's going on is a massive risk.
NQ Power Range Report with FIB Ext - 6/12/2024 SessionCME_MINI:NQM2024
- PR High: 19259.50
- PR Low: 19233.50
- NZ Spread: 58.0
Key economic calendar events
08:30 | Core CPI (3x)
10:30 | Crude Oil Inventories
14:00 | FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
Continuing to push ATH from prev session inventory run
- Holding value above prev session high
- >2.3% from daily 20 Keltner avg
Evening Stats (As of 1:45 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 230.21
- Volume: 18K
- Open Int: 243K
- Trend Grade: Bull
- From BA ATH: -0.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Put Vertical Debit Spread on AAPLImplied volatility is going to shoot up. This is the first time I am attempting a trade based purely on volatility. I got a 195 put with 17dte for .87 and sold a 192 put for .55 and a total of 5 contracts each.
I am planning to close at a LMT of .65 on all.
The Boudhimi Bands 3rd sigma was pierced, volatility would demand a drop, I do believe AAPL may continue up, but it will drop enough to fill my spread and make a few short term puts valuable. Maybe.
NQ Power Range Report with FIB Ext - 6/11/2024 SessionCME_MINI:NQM2024
- PR High: 19107.25
- PR Low: 19093.00
- NZ Spread: 31.75
Key economic calendar event
13:00 | 10-Year Note Auction
Prev session closed as inside print
- Auctioning back towards ATH
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 228.61
- Volume: 13K
- Open Int: 242K
- Trend Grade: Bull
- From BA ATH: -0.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
ENAUSDT Analysis: Navigating Key LevelsAs we analyze ENAUSDT on the 4-hour chart, the current price stands at 0.7796. Let's break down the key technical levels and what they mean for potential trading opportunities. Note that these levels are dynamic and can change as new price data comes in.
Bollinger Bands:
Lower Bollinger Band: 0.7544
Middle Bollinger Band: 0.8434
Upper Bollinger Band: 0.9323
Bollinger Bands are a volatility indicator that consist of a middle band (simple moving average) and two outer bands (standard deviations away from the middle band). The lower Bollinger Band at 0.7544 acts as a support level, indicating where the price might find buying interest if it falls to this level. The middle Bollinger Band at 0.8434 represents the average price, often serving as a resistance in a downtrend or support in an uptrend. The upper Bollinger Band at 0.9323 marks an area where the price might face selling pressure.
Key Support and Resistance Levels:
Resistance: 0.8306
Broken Support: 0.7879
Resistance at 0.8306 is a price level where selling interest might increase, potentially causing the price to stall or reverse. The broken support at 0.7879 was previously a level where buying interest was strong enough to prevent the price from falling further. Since it has been broken, it may now act as resistance.
Recent Market Activity:
Last Oversold Condition: On 10th June, 2024, the price was below the support at 0.8226.
The oversold condition on 10th June indicates that the price had fallen significantly, reaching a point where it might attract buyers looking for a bargain. The price was below the support level at 0.8226 during this period.
Analysis Summary:
The current price of 0.7796 is close to the broken support level of 0.7879, which may now act as resistance.
The lower Bollinger Band at 0.7544 provides a dynamic support level, suggesting potential buying interest if the price falls to this level.
The middle Bollinger Band at 0.8434 and the resistance at 0.8306 are key levels to watch for potential upward movement.
If the price manages to rise above these resistance levels, the upper Bollinger Band at 0.9323 could become the next target.
Remember, these levels are dynamic and can change with new market data. Always consider using stop-loss orders to manage risk.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions.
Weekly Update Trend XAUUSD by C.August SPTRTrend information
-Secondary trend : Down trend
Cancel Secondary trend : 2387.8
-Minor trend : Down trend
Cancel Minor trend : 2387.8
-Strategy : Swing Sell or Follow Sell
This week's expectations come from Indicator : Periodic Range Volatile
Range Volatile Week Low : 2243.2
Range Volatile Week High : 2353.3
(Range Volatile is subject to change during the week)
Wait for the Momentum in the 1 Hour timeframe to start Slope Down and then enter the action.
NQ Power Range Report with FIB Ext - 6/10/2024 SessionCME_MINI:NQM2024
- PR High: 19059.75
- PR Low: 19009.00
- NZ Spread: 113.25
No key economic calendar events
Maintaining ATH range set prev week
- Edging near Friday's close
Evening Stats (As of 12:35 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 236.27
- Volume: 17K
- Open Int: 242K
- Trend Grade: Bull
- From BA ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
(BTC) bitcoin "volume"The volume measures of now versus the past are at a height that is as high as when Bitcoin was at a previous all time high years ago. The main difference now versus then in case people have already forgotten is the fact that the halving means a difference in value for mining and the capacity to hold blocks, mine block, transact blocks. The current volumes are high as they ever were in the past with a decrease in mining value and an increase in large in flows from ETF transactions with holdings being done through Coinbase to afford outsiders that want to use bitcoin to invest without being the physical holder of the BTC.
The price of Bitcoin falling due to such high volumes is less likely when taking into consideratipn where the volume came into play in the first place and the halving change values.
Will there be people that will use Bitcoin to transact during the Olympics to keep their transactions private internationally? How likely is the usage of Bitcoin in the real world coming? The sooner the realization of Bitcoin as a transactional digital currency internationally is understood the stronger the usage.
You will have to make your own mind about whether the volume can go higher in the pink dot range and if the value of Bitcoin in your own mind is going to continue to increase, remain neutral thus allowing the pink dots to slowly decrease in height, or physically decrease in share value per BTC.
PINS - this social media company making a comeback LONGPINS on the weekly chart hit the ATH during the COVID era and then faded in a one-year trend
down until summer 2022. It has now reversed and is slowly trending up. The Price Volume Trend
indicator shows the reversal as starting July 29, 2022 with a correction in May 2023. I see this
as a safe swing trade targeting 50 and 65 as drawn by black horizontals. They are the levels of
a neckline of the H & S at the ATH and a small pivot in October 2021. These are roughly 20% and
50% profit at those two take profit levels.
Are we expecting more bullish in Gold?This has already built an hourly top at a strong H4 level. Gold could be breaking above with that dynamic, we also have order volume below, which we do not know if gold is still interested in. At least the last order block should be reached by tonight or beginning of next week, even if gold wants to break further above.
It could also be reversing until CAD and USD News and climb back up afterwards.
If it corrects, we could see a new floor at the H4 zone around 2348.