NQ Power Range Report with FIB Ext - 12/12/2023 SessionCME_MINI:NQH2024
- PR High: 16456.50
- PR Low: 16441.00
- NZ Spread: 34.5
Key economic calendar events
08:30 | CPI (x3)
13:00 | 30-Year Bond Auction
Near ATH - 16767.50
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 221.05
- Volume: 27K
- Open Int: 159K
- Trend Grade: Neutral
- From ATH: -1.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16677
- 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.
Volatility
NQ Power Range Report with FIB Ext - 12/11/2023 SessionCME_MINI:NQZ2023
- PR High: 16114.00
- PR Low: 16082.00
- NZ Spread: 71.5
Key economic calendar event
13:00 | 10-Year Note Auction
Highlight for the week: Bonds and FOMC
Trading in prev 2 week highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 213.00
- Volume: 20K
- Open Int: 226K
- Trend Grade: Neutral
- From ATH: -3.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16391
- Mid: 15819
- Short: 15533
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.
SPX future move based on long-term avg trendWe can see a kind of optimistic sentiment in the market currently supported by the commonly expected rates decreasing by the Fed in Q1 of 2024. When this happens it would most probably push the SPX even higher for a while at least.
Looking a the low VIX value we have not seen since January 2020 and the idea of a long-term average trend of SPX I think it would make sense to drop somewhere down to values of 3800 - 4000.
NQ Power Range Report with FIB Ext - 12/8/2023 SessionCME_MINI:NQZ2023
- PR High: 16028.50
- PR Low: 16016.00
- NZ Spread: 28.0
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
Back inside prev week range yet again
- Daily print painted as a pivot long
- Marking for a breakout above 16183 supply
Evening Stats (As of 1:55 AM)
- Weekend Gap: -0.05% (closed)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 209.83
- Volume: 19K
- Open Int: 264K
- Trend Grade: Neutral
- From ATH: -3.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15819
- Short: 15533
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 - 12/7/2023 SessionCME_MINI:NQZ2023
- PR High: 15825.50
- PR Low: 15800.00
- NZ Spread: 57.0
Key economic event
08:30 | Initial Jobless Claims
Back at lows of last weeks inventory
- Hovering over lows of prev 2 sessions
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.05% (closed)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 206.27
- Volume: 23K
- Open Int: 261K
- Trend Grade: Neutral
- From ATH: -5.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15819
- Short: 15533
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.
SDOW a Dow Shorting ETF Long from an Intermediate Term BottomSDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish
divergence on the RSI and MACD while the price went sideways in consolidation.
Volatility has contracted as have trading volumes. I see this as a buying
opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first
target at 22 underneath a standard retracement with the final target at 25 in the area of
the early November pivot high. A call option set at a strike of $22 expiring in 4-7 months
is a supplement to the idea. I expect that interest rate fades or any lessening of geopolitical
tensions may affect things throughout the trade and perhaps force trade management along the
way. Overall, I have an expectation of 18% for the shares and about 100% for the call option.
NQ Power Range Report with FIB Ext - 12/6/2023 SessionCME_MINI:NQZ2023
- PR High: 15929.75
- PR Low: 15891.00
- NZ Spread: 86.75
Key economic calendar events
08:15 | ADP Nonfarm Employment
10:30 | Crude Oil Inventories
Back above last weeks inventory zone
- Wholesale marketing for longs with daily pivot
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.05% (open > 16030)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 210.41
- Volume: 28K
- Open Int: 265K
- Trend Grade: Neutral
- From ATH: -4.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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.
ESGL Green Energy Penny Stock on VWAP band BreakoutESGL on the daily chart is showing a VWAP band breakout from the lower bands to the upper
bands and had a huge day with after-hours follow through. On the 15 minute chart, a high tight
flag is seen with price in consolidation in a pennant ( symmetrical triangle) in the after-hours
and corresponding extreme relative volume denoted by blue histogram bars well above the
running mean volume. This stock has a news catalyst with a long-term contract to carbon
neutralize the oil industry in the Indonesia and Asia markets which has implications in climate
change, carbon credits and other related considerations. Those with foresight are considering
this for an investment. It essentially doubled in a single trading day. Traders simply see
extreme momentum which followed through after hours and consolidated. It should be on
for another good day or two either immediately or after longer consolidation. All in all, in
my opinion it deserves to be on a watch list. Other larger oil companies may consider a
contract in due time which will benefit new investors. For traders with
fluency trading high volatility penny stocks might find considerable quick profits here.
I have marked my target as the red horizontal line corresponding to the consolidation period
of early September and the high price on high volume in Late September. See
also
markets.businessinsider.com
Bitcoin - How to trade BOLLINGER BANDSHi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
When it comes to Technical Indicators, speculators have many options to choose from. Do you prefer to keep it simple? If your answer is YES, the Bollinger Bands are for you.
First, a little about the genius behind it, John Bollinger. Bollinger Bands were created by John Bollinger in the 1980s. He is still very much alive and well, and very active on Twitter. He constantly engages the community through seminars and interviews. As you can see, I'm a huge fan of his work! This revolutionary technical indicator offers insights into price potential and possible volatility.
Let's get technical : The higher the price action trades at the top/ upper part of the BBands, the more volatility and volume you can expect. The same is also true for the opposite - the lower the price trades on the bottom of the BBands, the more volatility and volume you can expect. It is also true that when the price trades at the top for an extended period of time, the market can be considered overbought; thus it is a good time to consider selling. The same is true for the opposite. When the price trades on the bottom of the Bollinger Bands for an extended period of time, the market is considered oversold and it is a good time to consider opening a position / buying. Important to note that the Bollinger Bands are especially useful and reliable in higher timeframes. To make overbought conditions and oversold more clear, let's take a look at a few examples on SOLUSDT:
From the Solana chart above, we see clearly that when the price action touches an orange band, it is often time to exit / enter. You can wait as the price continues upwards, but the longer you wait, the more your risk increases. Careful not to be greedy, take profits during a bullish cycle.
To make volume in conjunction with BBands more clear, let's take a look here on ETHUSDT:
You'll notice that usually on higher timeframes, the turquoise upper / lower band, is where you start paying attention. This is where firsts profits can safely be taken, with the possibility of the price still wicking towards the orange or red.
To get a little more technical, let's take a look at accumulation options with the Bollinger Bands. When the BBands contract, it is usually before a big move up or down. Now you'll need to view the chart from a macro perspective/ Fibonacci trend based retracement and trend based extension on a weekly chart to get an idea in which direction it may go. This proves another point that often, technical indicators are only useful if used correctly with chart analysis. Let's take a look at a few examples on XRPUSDT :
These are not the Bollinger Bands as they were created y John Bollinger, instead, they have Fibonacci lines added. I prefer to use them this way, it's an improvement on top of the original BBAnds. They become especially useful if you use it with another indicator called Phoenix Ascending. Find below at related ideas a quick guide on Phoenix Ascending.
Have a great weekend 🚀
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NQ Power Range Report with FIB Ext - 12/5/2023 SessionCME_MINI:NQZ2023
- PR High: 15862.50
- PR Low: 15845.00
- NZ Spread: 39.0
Key economic calendar events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
- JOLTs Job Openings
Break and hold below prev week inventory
- Riding 15830 support
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.05% (open > 16030)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 207.30
- Volume: 19K
- Open Int: 264K
- Trend Grade: Neutral
- From ATH: -5.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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 - 12/4/2023 SessionCME_MINI:NQZ2023
- PR High: 16027.00
- PR Low: 15988.25
- NZ Spread: 86.75
No key economic events
Maintaining range from prev week
Evening Stats (As of 12:25 AM)
- Weekend Gap: -0.05% (open > 16030)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 202.96
- Volume: 29K
- Open Int: 278K
- Trend Grade: Neutral
- From ATH: -4.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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.
Risk Reward Ratio 2% $2,162Equal highs took place, next move is RRR 2%. ATR reads are location value zones. ETH on its way to break through the Grizzly OB. RRR is ATR calculated united with ATR cluster.
No reason to panic on a downtrend. Stick to Risk Reward Ratio.
Moving forward, can’t get any worse than the two ATR readings unless Forex decides to dip to sweep new liquidity beneath the trend but first RRR must get completed.
ETH ATR Pips is 14.09 but when calculating the percentage RRR, I used a set price with my custom ATR calculation.
Even working at this for sometime. Enjoy Mates
Investors run towards disaster -- Lumen is a complete disaster.Lumen *could* be a possible risky bet with a rise in interest rates. A LOT of the risk has been priced out with a complete COLLAPSE of the price. They have a lot of debt, not as much as other companies. What are we buying here? Telecom infrastructure and computing edge technology (google it). Which is physical telephone poles in the good ole' US of A. They are a subcompany of AT&T and the old Bell System (I don't want to use the term 'subsidy' because that's not accurate More Info Here ), which is one of the largest telecom companies in the US -- likely NOT to go under....ever.
We all know what the Fed is likely to do -- the dollars tomorrow will be worth less than today's. However, serious investors understand that they should run towards a disaster instead of hiding -- Lumen could be that disaster, at least in the short term as the chart indicates.
This is a long term play, not a short one. Let's assume the all time high would be challenged, that's almost a 25x from here! It's not going to happy ANY TIME soon, nor should you make the assumption that it will happen. What do we know? That it's a GREAT buying opportunity right now for the long term. We are talking at least 2030 - 2035 timeframe -- at a MINIMUM!
NQ Power Range Report with FIB Ext - 12/1/2023 SessionCME_MINI:NQZ2023
- PR High: 15966.75
- PR Low: 15950.00
- NZ Spread: 37.25
Key economic events
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
11:00 | Fed Chair Powell Speaks
Maintaining weekly range
- Failed to hold inventory below 15830 zone
- Vol spike expected for Powell
Evening Stats (As of 2:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 202.13
- Volume: 26K
- Open Int: 281K
- Trend Grade: Neutral
- From ATH: -5.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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.
Gold's in the door of Breakout or Fakeout 🧈 EMA Analytics w/ AID ear Esteemed Traders,
G old has maintained an upward trend since breaking above the 20-period EMA on October 6. This breakout coincided with a rebound from the blue support zone at the bottom. The duration of the current bullish trend is comparable to the length of the preceding bearish trend that occurred when XAU lost the upper blue support and dropped to the lower support. Refer to the ranges indicated by the white arrows. The key question now is whether gold will regain the upper support it lost on May 16. The breakout from the EMA 20/50/100/200 levels remains intact, signifying a bullish signal. Although gold experienced a retracement upon reaching the upper blue zone on October 27, it has not retreated significantly, instead consolidating and eventually finding its way back to the zone. Monitoring gold's price around this zone could present a potential breakout trading opportunity. If gold maintains the upper blue zone and reestablishes itself as support, the price could propel from this new support level to reach higher highs as depicted by the possible breakout scenario, indicated by the dotted white arrow. Conversely, if gold attempts a breakout but fails, the price could fall below the support again, potentially followed by further retracements as illustrated by the other dotted white arrow.
It's not an investment advice. The chart my generative AI's result and reflects only my opinion about the market. Do your research because the responsibility is in your hands. Not historic achivements, nor AI can guarantee future prices.
Kind Regards,
Ely
NQ Power Range Report with FIB Ext - 11/30/2023 SessionCME_MINI:NQZ2023
- PR High: 16050.25
- PR Low: 16037.00
- NZ Spread: 29.75
Key economic events
08:30 | Core PCE Price Index (x2)
- Initial Jobless Claims
10:00 | Pending Home Sales
Another day of virtually no change
- Maintaining weekly range
- Failed breakout attempt above 16180 supply zone
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 200.87
- Volume: 28K
- Open Int: 280K
- Trend Grade: Neutral
- From ATH: -4.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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.
India VIX seems UP-trendingNifty nearing all-time-high, and India VIX is rising too!
VIX>13 and up-trending.
In Feb 2023 we saw India VIX climbing up to 18. Purely because of National Event - Budget.
This time we have even more sensational National Event - Elections!
Will it breach 2023 high?
All the best Option Sellers. The dance of Volatility starts!
NQ Power Range Report with FIB Ext - 11/29/2023 SessionCME_MINI:NQZ2023
- PR High: 16057.75
- PR Low: 16040.50
- NZ Spread: 38.75
Key economic events
08:30 | GDP
10:30 | Crude Oil Inventories
Maintaining weekly range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 203.10
- Volume: 27K
- Open Int: 287K
- Trend Grade: Neutral
- From ATH: -4.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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.
Long TLRY | Potential double bottom pattern formationI was short TLRY at the beginning of the year, I am now long TLRY as it continues consolidating around 1.67. Good volume accumulation as a function of time and strong volume accumulation as a function of price. RSI looks good, fundamentalists would say good things about it but i am focused on price.
Big Short on NATGAS Am I Crazy?Gooood morning guys,
As always I keep things brief and simple
Short on CAPITALCOM:NATURALGAS actual price 3.50$
FIRST TARGET --> 3.00$
SECOND TARGET --> 2.75$
Why?
- Stocks are full in Europe
- Seasonality, Autumun season boosts in the beginning of October stabilizes till mid of it and crashes in the end of the month. I'm just following the cycle.
What could go wrong?
- Israel events happened and we still have to see the effects with other exporters arab countries I don't think that something is going to happen as the '73 crisis (I don't have a sphere to predict the future)
- The stocks are not full in the US
- Thyphoons in the US
- Unexpected decrease in temperature
- Seasonality not respected and sudden big speculation on the price of NATGAS
With that being said I just share my opinion here and I repeat don't have a magic sphere nor I'm god so future is always unpredictable I just adapt to change and keep up to date.
oh and yeah TradingView already says that but I'm going to say it again I AM JUST SHARING MY IDEAS NOT FINANCIAL ADVICES HERE
Peace out