FTT may moon on the 28. MayCrypto narrative for higher prices can be anything. Sam Bankman-Fried's court hearing or sentencing is on the 28. of March.
We can expect a mediocre pump, starting a day before the official hearing into the morning, when the case officially opens.
Perpetuals for FTT are available on MEXC.
If done correctly, good profit is on the table.
This is big news, it will get a lot of people looking at FTT Token.
Volatility
VINC update to previous ideas LONGVINC on the 15 minute chart was sideways at the top and put in a 20% short trade today which
was straightforward an easy. A 50% partial taken off at the mid-day counter trend then the
remainder of 50% off before the close. Idea is on the chart; see also the previous ideas.
Expecting a full reversal in the pre-market trading and a good intraday trade at least until
the NY lunch hour.
TSHA a medtech penny stock pumps on news and earnings LONGTSHA is a gene technology medical company which reported on its clinical trials for Rett
Syndrome which is a neurobehavioral disorder separate from others like autism or
schizophrenia. This could be a breakthrough medication for those who suffer from Rett.
TSHA102 could be heralded as a miracle treatment ( not a cure). Price had trended up
in February and then down in March and is now situated at the mean anchored VWAP.
Relative volumes are 5-10X the running mean. I am taking a sizeable position here based
also on my background as well as the forecasts of medical technology stocks as being hot right
now especially small caps. Risk is definitely on. TSHA has been selling off parts of its pipeline
to fortify its core. This tells me leadership is realistic and has a survival plan which is a big plus
in the world of young and small medical technology companies. The earnings report from
yesterday showed a big earnings beat and a transition from cash burning to positive earnings.
Part of this is from selling off part of its future. Nonetheless, that future may be very bright
with what remains. I believe that TSHA will consolidate and gain consensus as to fair value
but then resume bullish continuation. This may be a buy and hold until the next earnings while
watching for clinical trial news that will give a hint as to the growth path.
NQ Power Range Report with FIB Ext - 3/22/2024 SessionCME_MINI:NQM2024
- PR High: 18590.75
- PR Low: 18569.00
- NZ Spread: 48.75
Key economic calendar event
09:00 | Fed Chair Powell Speaks
Prev session closed virtually flat
- QQQ daily gap still unfilled
- Holding above prev session close
- Huge upper wick on prev session daily print
Evening Stats (As of 1:35 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 258.68
- Volume: 27K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -0.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
VINC Biotech Penny Stock Followup Swing TradesVINC was a penny stock and is now in the near penny category as this biotech stock has had
a great run in the past 10 days. On the 30 minute chart, 225 shares are bought at low prices
and 125 shares are sold for profit with 100 shares still running as the momentum slows.
Overall, the trades where profitable averaging 12% daily in an average trade of 4.5 days.
Time and effort in the trade were minimal as the price action was monitored by alerts
and notifications as to price to moving average and moving average to moving average crosses
as well as dips and peaks of RSI under 40 or over 70 to notify for potential buys or sells
in this zig-zag strategy which intended to optimize profit and minimize time and effort
in trading.
GRAB - Penny Stock Volatility Based LONG GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH
UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility
which is the foundation for swing trading it for good profits. On the 60 minute chart are
the horizontal supply and demand zones as well as dynamic areas of high volume and volatility
as anchored VWAP bands and lines used for analysis that GRAB is now in the area of the
first lower band line and is predicted by the Luxalgo regression forecast to fall into the
demand zone confuent with the second lower band line. For forecast for after a predicted
bounce, GRAB will move higher toward the supply zone on the chart. Accordingly,
I will watch GRAB to fall into the demand zone where it will pick up long buyers such as
myself. I sell set a stop loss at 2.90 and two targets, the first being the mean VWAP level
of 3.2 for a close of 1/3rd of the position and then 3.4 ( first upper VWAP) for a close
of another 1/3rd of the position and finally a target of 3.55 just under the demand zone.
The trade is for a trade of about 15% gain over 1-2 weeks which needs little attention when
alert/ notification price levels are set. This allows for stress free trading without much
effort or screen time.
NQ Power Range Report with FIB Ext - 3/21/2024 SessionCME_MINI:NQM2024
- PR High: 18563.25
- PR Low: 18526.50
- NZ Spread: 82.25
Continuing momentum following FOMC
- Pushing supply back near ATH
- Above prev session high
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
09:45 | S&P Global US Manufacturing PMI
- S&P Global Services PMI
10:00 | Existing Home Sales
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 265.68
- Volume: 26K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -0.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
VTYX- Buy the Pullback after a massive Bullish Surge LONGVTYX is an illustrative case in the trend is your friend. VTTX warmed up on Frbruary 20th and
went parabolic on the next day and then faded while the moving averages and VWAP lines
caught up. This is a buyable dip. It has now printed a couple of engulfing bullish candles. VTYX
did less than a full 0.5 retracement as a sign of strength. I will take a long trade here targeting
16% upside to the top pivot of the recent price action. If the price can reach the target I will
take half screening for higher-than-normal volatility. At present the volatility has mildly popped
over the running mean telling me the continuation is on the ready. The plus here is earnings
will report on March 24th so there is one month for traders to run the price up on this
stock in that anticipation. Options are avaiable for call contracts expiring March 15th.
BTC - Institutional Accumulation Zone Signals Trend ReversalThe Bitcoin futures market is showing signs of a potential reversal short-term bearish impulse, with institutional traders accumulating positions in a newly identified accumulation zone. This zone, marked on the chart, represents an area where large buyers have been actively buying BTC futures contracts.
The accumulation zone has been formed after a period of consolidation and sideways trading, following a sharp downtrend. The fact that institutional traders are accumulating in this zone suggests that they believe the downtrend is coming to an end and that a new uptrend is about to begin.
Furthermore, we should observe a key resistance level marked on chart, which can adds further credence to the bullish outlook. This breakout would signal that the sellers have been exhausted and that the buyers are now in control.
If the price action can continue to trade above the resistance level, it will be a strong indication that the downtrend has ended and that a new uptrend is underway. Traders should watch for a retest of the resistance level as a potential buying opportunity.
USDJPY - Lack of Supply, Fueled by Hidden DemandThe USDJPY currency pair has recently experienced a significant surge in value, defying expectations based on visible supply signals. Despite the absence of apparent selling pressure, price action has broken through the last known supply area, indicating a shift in market sentiment.
Upon closer examination, it becomes evident that a previously identified demand zone has played a pivotal role in fueling the price increase. This zone, marked on the chart, represents an area where buyers have historically been active, and it has served as a catalyst for the recent rally.
Furthermore, indicators that monitor institutional activity on the market have been flashing bullish signals, suggesting that large players are accumulating USDJPY positions. This influx of institutional buying power has provided additional momentum to the upward trend.
With price action now trading above the previous supply area, the path of least resistance remains higher. Traders should be aware that the current rally may continue until a new supply zone is encountered or until the bullish momentum fades.
NQ Power Range Report with FIB Ext - 3/20/2024 SessionCME_MINI:NQM2024
- PR High: 18281.50
- PR Low: 18267.50
- NZ Spread: 31.5
Key economic calendar events
10:30 | Crude Oil Inventories
14:00 | FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
Prev session, inside print, above Monday's close
- Back inside prev week inventory
- Back-to-back inside daily print
- Low vols ahead of FOMC day
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 262.14
- Volume: 15K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -2.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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 - 3/19/2024 SessionCME_MINI:NQM2024
- PR High: 18227.00
- PR Low: 18178.00
- NZ Spread: 109.5
No significant calendar events
Prev session retraced back inside Friday range
- Currently printing as inside bar
- Supply response off prev week's inventory
- Holding below prev session close
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 266.55
- Volume: 30K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -2.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
SPY has bullish bias after a day downtrending LONGSPY on the 15 -minute chart is shown to be in a megaphone or broadening wedge pattern since
March 5th. Price is now at the lower support ascending support trend line. The Gaussing
regression line forecast indicator an example of predictive modeling confirms with a prediction
that price will trend up inside the pattern and head toward the upper resistance trendline.
The mass index appropriately has signaled a reversal with a signal line that topped 32 and then
fell below the trigger. I found two long bottoming wicks in the prior two days at nearly the
same bottom level. The line /ray connecting them comes to a value of 512.75 which becomes
my immediate-term target. I will enter a trade of shares along with call options. The call
options are for a next-day expiration striking 513 ( OTM just a little). TEXT BOX correction:
The regression line forecast by Luxalgo's algorithm suggests a reversal and trend up into the ascending resistance.
NQ Power Range Report with FIB Ext - 3/18/2024 SessionCME_MINI:NQM2024
- PR High: 18103.50
- PR Low: 18062.25
- NZ Spread: 92.0
No significant calendar events
Opened above Friday's close
- Retracing ~50% of Friday range
- Below prev week range & 20KA
- FOMC week
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 263.11
- Volume: 24K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -3.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
Bitcion usdThis is programmed into Bitcoin's protocol to control its inflation rate. The most recent halving occurred in May 2020, reducing the block reward from 12.5 to 6.25 bitcoins per block. The next halving is expected around 2024. It often leads to increased attention from investors and can affect the supply and demand dynamics of Bitcoin, potentially influencing its price.
NQ Power Range Report with FIB Ext - 3/15/2024 SessionCME_MINI:NQM2024
- PR High: 18263.50
- PR Low: 18245.25
- NZ Spread: 40.75
No significant calendar events
Holding below Wed inside bar print
- Daily inventory below 20 Keltner
- Quickly broke into BeZ after session open
- Relatively avg vols to start session
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 254.41
- Volume: 26K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -2.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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 - 3/14/2024 SessionCME_MINI:NQM2024
- PR High: 18361.25
- PR Low: 18340.25
- NZ Spread: 47.0
Key economic calendar events
08:30 | Initial Jobless Claims
- Retail Sales (2x)
- PPI
Prev session closed as inside bar
- Retraced ~50% of Tues session
- Inventory response back inside prev session range
- Maintaining daily 20KA trend
- 2 weeks range bound, ~18125 to ~18630
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 259.33
- Volume: 16K
- Open Int: 229K
- Trend Grade: Bull
- From BA ATH: -1.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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.
NQ Power Range Report with FIB Ext - 3/13/2024 SessionCME_MINI:NQM2024
- PR High: 18480.50
- PR Low: 18463.25
- NZ Spread: 38.75
Key economic calendar events
10:30 | Crude Oil Inventories
13:00 | 30-Year Bond Auction
Daily print, pivot long following volatile session
- Holding prev session highs
- Contract rollover week continues
- Bit of vol spike into London hours
Evening Stats (As of 2:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 263.01
- Volume: 25K
- Open Int: 202K
- Trend Grade: Bull
- From BA ATH: -1.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
GE continues its bullrun LONGGE on the weekly chart has been in a trend up with some corrections along the way since a
double bottom in the summer of 2022. It has had some sections spin-off including the health
care poriton of the company. This company as a mega-cap industrial with cash on hand
is independent of interest rate concerns. Much of its business in long term contracts. I see
GE as a great long-term long trade. I am focused on accumulating long shares as well an
options into 2026. The last correction on this chart was this past October. I will average more
in at this time but am really looking for another smaller correction like last October for a
bigger buy to add to the positions. GE is safe from the volatility of most of the technology
stocks and in my opinion, is a good stock to "back up the truck".