Is Boeing a buy before earnings? LONGThis is a daily Boeing chart with the idea on the chart in the text. There may be a good entry
before earnings using a stop loss under the POC line and an ultimate target of the projected
trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation
and its sequelae. A megaphone pattern demonstrates increasing volatility in price action which
is something some traders take to the bank. My analysis is that this may be a safe swing trade
until the report of the 24Q2 earnings in about 100 days.
Volatility
NQ Power Range Report with FIB Ext - 1/19/2024 SessionCME_MINI:NQH2024
- PR High: 17152.00
- PR Low: 17107.25
- NZ Spread: 100.25
Key economic calendar event
10:00 | Existing Home Sales
Another volatile session open creating super wide NZ spread
- Continuing to lift daily supply
- Peaking above December high
Evening Stats (As of 1:55 AM)
- Weekend Gap: -0.05% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 220.64
- Volume: 40K
- Open Int: 279K
- Trend Grade: Bull
- From ATH: -3.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/18/2024 SessionCME_MINI:NQH2024
- PR High: 16861.25
- PR Low: 16833.75
- NZ Spread: 61.5
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
11:00 | Crude Oil Inventories
Dipped below weekly inventory prev session
- Maintaining week range, initiated 1/11
- Holding value inside key Dec range
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.05% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 214.05
- Volume: 23K
- Open Int: 274K
- Trend Grade: Bull
- From ATH: -4.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/17/2024 SessionCME_MINI:NQH2024
- PR High: 16981.25
- PR Low: 16966.50
- NZ Spread: 32.75
Key economic calendar event
08:30 | Retail Sales
Opened near prev session open
- Similar inventory decline as prev session
- Lower NZ spread
- Volume returned to normal
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.05% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 212.27
- Volume: 26K
- Open Int: 278K
- Trend Grade: Bull
- From ATH: -4.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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.
Mastering Stop-Loss with ATR IndicatorMastering Stop-Loss and Take-Profit with ATR Indicator
What is the ATR Indicator?
The Average True Range (ATR) indicator is a nifty tool that helps traders gauge the market's volatility. Simply, it tells you how much an asset typically moves in a given timeframe.
Placing Stop Loss to Avoid Getting Stopped Out
Step 1: Identify ATR Value
Look at the ATR indicator on your chart; it's usually at the bottom or top of your screen.
Note the ATR value; the higher it is, the more volatile the market.
Step 2: Setting Stop Loss
Set your stop loss beyond the ATR value to avoid getting prematurely stopped due to regular market fluctuations.
For instance, if the ATR is 50, consider placing your stop loss at least 60 points away to give your trade room to breathe.
Understand ATR's Role
ATR not only helps with stopping losses but also guides in setting realistic take-profit levels.
It gives you an idea of how much the asset can move in a given time, assisting you in capturing profits before a potential reversal.
Final Tips for Beginners
Adapt to Market Changes: ATR values change as market conditions shift. Stay adaptable and reassess your stop-loss and take-profit levels accordingly.
Practice on Demo Accounts: Before diving into live trading, practice using the ATR indicator on demo accounts. Gain confidence and refine your strategy without risking real money.
In essence, the ATR indicator is your ally in navigating market volatility. By using it wisely, you can enhance your risk management, safeguarding your trades from unnecessary stop-outs while optimizing your profit potential. Happy trading! 📈✨
NQ Power Range Report with FIB Ext - 1/16/2024 SessionCME_MINI:NQH2024
- PR High: 16966.00
- PR Low: 16933.00
- NZ Spread: 74.0
No significant calendar events
First trading day of week following long weekend
- Expected heavy early volume
- Wide NZ spread from open session vols
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.05% (open > 16965)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 216.88
- Volume: 138K
- Open Int: 276K
- Trend Grade: Bull
- From ATH: -4.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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.
beam me up scottyTTM squeeze signaling beam is likely getting ready for second leg up to continue trend up.
Beam has now one month long consolidation in this current price range, after the previous squeeze & expansion, which made beam reach $1 billion market cap
Price targets from trend-based fibonacci extension for now, but I am expecting beam eventually to go near $10 billion market cap during this bull run. Previous price levels for resistances can be seen in merit circle EURONEXT:MC chart.
NASDAQ:BEAM aka $BEAMX (binance) aka EURONEXT:MC (merit circle, old ticker)
NQ Power Range Report with FIB Ext - 1/12/2024 SessionCME_MINI:NQH2024
- PR High: 16963.25
- PR Low: 16941.00
- NZ Spread: 49.75
Key economic calendar events
08:30 | PPI
Huge swings prev session virtually closing flat
- Maintaining prev session close range
Evening Stats (As of 1:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 213.24
- Volume: 25K
- Open Int: 280K
- Trend Grade: Bull
- From ATH: -4.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/11/2024 SessionCME_MINI:NQH2024
- PR High: 16967.75
- PR Low: 16942.00
- NZ Spread: 58.0
Key economic calendar events
08:30 | Initial Jobless Claims
- CPI (3x)
13:00 | 30-Year Bond Auction
Continuing to lift supply back towards Dec high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 209.09
- Volume: 22K
- Open Int: 279K
- Trend Grade: Bull
- From ATH: -3.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
NQ Power Range Report with FIB Ext - 1/10/2024 SessionCME_MINI:NQH2024
- PR High: 16839.25
- PR Low: 16816.75
- NZ Spread: 50.75
Key economic calendar events
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
Slight supply lift from prev session
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 209.68
- Volume: 18K
- Open Int: 278K
- Trend Grade: Bull
- From ATH: -4.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/9/2024 SessionCME_MINI:NQH2024
- PR High: 16790.00
- PR Low: 16779.75
- NZ Spread: 22.75
No significant calendar events
Prev session strong supply run
- Trading above 12/20 pivot
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 209.48
- Volume: 17K
- Open Int: 279K
- Trend Grade: Bull
- From ATH: -5.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/8/2024 SessionCME_MINI:NQH2024
- PR High: 16490.00
- PR Low: 16458.25
- NZ Spread: 70.75
No significant calendar events
Maintaining Friday's range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 197.77
- Volume: 29K
- Open Int: 275K
- Trend Grade: Bull
- From ATH: -6.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/5/2024 SessionCME_MINI:NQH2024
- PR High: 16469.00
- PR Low: 16450.25
- NZ Spread: 41.75
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
Continuing to decline into prev ~16400 supply
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 192.74
- Volume: 16K
- Open Int: 274K
- Trend Grade: Bull
- From ATH: -7.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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.
Exciting times ahead for BitcoinExciting times are ahead for Bitcoin as it prepares for a potential run towards $36k. Bollinger Bands are tightening, signalling short-term volatility. My Elliot Wave analysis points towards a fifth impulse wave. Along with gold and silver breakouts, a squeeze towards $36k seems imminent, in my opinion.
Uniswap / governance protocol poised for success in bull-runAfter multiple bounces along the Purple support zone (3.32) - it seems inevitable that we are going to test the next resistance level at $7.72.
If we can successfully break that level my next targets are as follows
Target 1: $10.17
Target 2: $20.20
Mid/Long term target 1: $29.60
Mid/Long term target 2: $35.74
UNI is the governance token for Uniswap. UNI was introduced on 16th September 2020 through a retrospective airdrop to users who have interacted with the protocol either by swapping tokens or by providing liquidity.
The UNI token allows token holders to participate in the governance of the protocol. Key decisions such as usage of the treasury or future upgrades can be decided through a governance vote.
What is Uniswap?
Uniswap is a decentralized exchange (DEX) that makes it easy for users to swap an ERC-20 token for another ERC-20 token without the need of a centralized intermediary. With a DEX, traders do not have to deposit their tokens on an exchange and be exposed to the security risks of a centralized exchange.
Users just need an Ethereum wallet like Metamask and they can immediately start swapping tokens. Users can then swap tokens directly without the need of an orderbook. This works using an Automated Market Maker (AMM) where Liquidity Providers (LP) deposit tokens into the smart contract and this liquidity then provides a price quote to traders without relying on any professional market makers. Liquidity Providers are compensated with a 0.3% trading fee for providing liquidity on the protocol
NQ Power Range Report with FIB Ext - 1/4/2024 SessionCME_MINI:NQH2024
- PR High: 16563.00
- PR Low: 16543.25
- NZ Spread: 44.25
Key economic calendar events
08:15 | ADP Nonfarm Employment Change
08:30 | Initial Jobless Claims
09:45 | S&P Global Services PMI
11:00 | Crude Oil Inventories
Inventory correction continues
- Trading within prev session lows
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 196.73
- Volume: 17K
- Open Int: 273K
- Trend Grade: Bull
- From ATH: -6.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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 - 1/3/2024 SessionCME_MINI:NQH2024
- PR High: 16740.00
- PR Low: 16717.25
- NZ Spread: 50.75
Key economic calendar events
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
- JOLTs Job Openings
14:00 | FOMC Meeting Minutes
Strong inventory run during prev session
- Holding below December pivot ~16762
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 197.61
- Volume: 18K
- Open Int: 272K
- Trend Grade: Bull
- From ATH: -5.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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.
HDAO. Buy it.It is difficult to provide any in-depth technical analysis here due to the relatively low volatility and the completely unique niche that asset occupies. I just want to point out Fibonacci opportunity. Also, I think Vitalik Buterin mentioned this at the previous bull market peak. Bankless DAO Treasury owns HDAO. Partnership with Axie, Moonbirds, Polygon, Thetan Arena, Coingecko... Sir... And this one has only $400k cap?...
Check out site, idea, concept and understand that it not even on any exchange yet... BUY IT.
NQ Power Range Report with FIB Ext - 1/2/2024 SessionCME_MINI:NQH2024
- PR High: 17037.00
- PR Low: 17013.75
- NZ Spread: 52.0
Key economic calendar event
09:45 | S&P Global US Manufacturing PMI
Gapped up over the long weekend on low volume
- Gap filled
- Volume feels relatively low
- Ranging around Friday's close
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.09% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 182.06
- Volume: 19K
- Open Int: 283K
- Trend Grade: Bull
- From ATH: -3.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 17700
- Mid: 16391
- Short: 15819
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.