Bearish Sell Stop OrderMy trading plan does not allow me to buy into new highs.
However it's not safe or practical to aimlessly short the high.
A sell stop order is how I safely trade the highs.
I am Bearish to Neutral for now. Waiting for significant signs of bullish support.
Seasonally, the market is Bearish/ corrects on average going into February.
Volatility
NQ Power Range Report with FIB Ext - 1/31/2024 SessionCME_MINI:NQH2024
- PR High: 17462.00
- PR Low: 17409.00
- NZ Spread: 118.5
Key economic calendar events
08:15 | ADP Nonfarm Employment Change
09:45 | Chicago PMI
10:30 | Crude Oil Inventories
14:00 | FOMC Statement
- Fed Interest Rate Decision
- FOMC Press Conference
Substantial session gap down, unfilled
- Ranging below the lows of prev 5 sessions
- Resting on Jan 22-23 inventory
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 1/31 -0.31% (open > 14470)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 217.36
- Volume: 29K
- Open Int: 294K
- Trend Grade: Bull
- From BA ATH: -1.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18106
- Mid: 16963
- Short: 16391
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
ADA.X in +8.01% Uptrend, growing for three consecutive days on JMoving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ADA.X advanced for three days, in 269 of 441 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.
BINANCE:ADAUSDT
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 42 of 76 cases where ADA.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 55%.
The Momentum Indicator moved above the 0 level on January 29, 2024. You may want to consider a long position or call options on ADA.X as a result. In 67 of 124 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 54%.
The Moving Average Convergence Divergence (MACD) for ADA.X just turned positive on January 29, 2024. Looking at past instances where ADA.X's MACD turned positive, the stock continued to rise in 34 of 59 cases over the following month. The odds of a continued upward trend are 58%.
ADA.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
ADA.X moved below its 50-day moving average on January 14, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ADA.X crossed bearishly below the 50-day moving average on January 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 65%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ADA.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 53%.
The Aroon Indicator for ADA.X entered a downward trend on January 29, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
ETH.X's RSI Indicator peaks and leaves overbought zoneThe 10-day RSI Oscillator for ETH.X moved out of overbought territory on January 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 68 instances where the indicator moved out of the overbought zone. In 38 of the 68 cases the stock moved lower in the days that followed. This puts the odds of a move down at 56%.
BITSTAMP:ETHUSD
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ETH.X as a result. In 46 of 117 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 39%.
The Moving Average Convergence Divergence Histogram (MACD) for ETH.X turned negative on January 20, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 64 similar instances when the indicator turned negative. In 23 of the 64 cases the stock turned lower in the days that followed. This puts the odds of success at 36%.
ETH.X moved below its 50-day moving average on January 22, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ETH.X crossed bearishly below the 50-day moving average on January 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETH.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 39%.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 39 of 78 cases where ETH.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 50%.
Following a +2.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where ETH.X advanced for three days, in 266 of 444 cases, the price rose further within the following month. The odds of a continued upward trend are 60%.
ETH.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Compare trend and price GOOG vs GOOGLTo understand the difference between Alphabet Inc - Ordinary Shares - Class C (GOOG) vs. Alphabet Inc - Ordinary Shares - Class A (GOOGL) it is enough to know the definitions of Ordinary Shares - Class C and Ordinary Shares - Class A
Ordinary Shares - Class C - Ordinary shares Class C usually refers to ordinary shares with no-voting rights (except for the cases described in the company's reports) . Investors of Class C shares are not entitled to offer a proposal to make a merger, takeover, or other change of control proposal, or to engage in a proxy contest for the election of directors. The issuance of shares Class C won't result in voting dilution to the holders of shares Class A and B. The holders of Class C stock will be entitled to share equally with the holders of Class A Stock and Class B Stock any dividends that the company may authorize.
Ordinary Shares - Class A - Class A shares usually refer to common stocks with more voting rights than Class B shares. They often imply enhanced benefits such as dividend priority and liquidation preferences to the holder. Traditionally, this type of share helps a company's management to keep control over the company.
Stock price -- (GOOG: $154.84 vs. GOOGL: $153.57)
Brand notoriety: GOOG and GOOGL are both notable
Both companies represent the Internet Software/Services industry
Current volume relative to the 65-day Moving Average: GOOG: 99% vs. GOOGL: 88%
Market capitalization -- GOOG: $1.73T vs. GOOGL: $1.73T
GOOG is valued at $1.73T. GOOGL’s market capitalization is $1.73T. The market cap for tickers in the industry ranges from $1.73T to $0. The average market capitalization across the industry is $52.46B.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
GOOG’s FA Score shows that 3 FA rating(s) are green whileGOOGL’s FA Score has 3 green FA rating(s).
GOOG’s FA Score: 3 green, 2 red.
GOOGL’s FA Score: 3 green, 2 red.
According to our system of comparison, both GOOG and GOOGL are a good buy in the long-term.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
GOOG’s TA Score shows that 4 TA indicator(s) are bullish while GOOGL’s TA Score has 4 bullish TA indicator(s).
GOOG’s TA Score: 4 bullish, 4 bearish.
GOOGL’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, GOOGL is a better buy in the short-term than GOOG.
This week, GOOG (@Internet Software/Services) price moved +4.83%, while GOOGL (@Internet Software/Services) price moved +5.19% over the same period.
The average weekly price growth across all stocks in the @Internet Software/Services industry was +2.10%. For the same industry, the average monthly price growth was +0.31%, and the average quarterly price growth was +3777.08%.
Reported Earning Dates
GOOG is expected to report earnings on Apr 23, 2024.
PYTH:GOOG
GOOGL is expected to report earnings on Apr 23, 2024.
UNISWAP:MGOOGLUST_4B70CC
@Internet Software/Services (+2.10% weekly)
Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.
Momentum Indicator for GOOG turns positive, indicating new upward trend
GOOG saw its Momentum Indicator move above the 0 level on January 10, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In 65 of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at 69%.
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOG just turned positive on January 10, 2024. Looking at past instances where GOOG's MACD turned positive, the stock continued to rise in 27 of 46 cases over the following month. The odds of a continued upward trend are 59%.
Following a +0.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOG advanced for three days, in 235 of 357 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.
The Aroon Indicator entered an Uptrend today. In 200 of 326 cases where GOOG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 50%.
GOOG broke above its upper Bollinger Band on January 25, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Fear & Greed
The Tickeron Price Growth Rating for this company is 7 (best 1 - 100 worst), indicating outstanding price growth. GOOG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 24 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 39 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 46 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 73 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.349) is normal, around the industry mean (17.206). P/E Ratio (26.525) is within average values for comparable stocks, (45.758). Projected Growth (PEG Ratio) (1.305) is also within normal values, averaging (3.673). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (5.974) is also within normal values, averaging (9.088).
Momentum Indicator for GOOGL turns positive, indicating new upward trend
GOOGL saw its Momentum Indicator move above the 0 level on January 10, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In 65 of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at 71%.
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOGL just turned positive on January 10, 2024. Looking at past instances where GOOGL's MACD turned positive, the stock continued to rise in 31 of 48 cases over the following month. The odds of a continued upward trend are 65%.
Following a +1.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOGL advanced for three days, in 229 of 357 cases, the price rose further within the following month. The odds of a continued upward trend are 64%.
The Aroon Indicator entered an Uptrend today. In 211 of 329 cases where GOOGL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 64%.
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOGL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 50%.
GOOGL broke above its upper Bollinger Band on January 25, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Fear & Greed
The Tickeron Price Growth Rating for this company is 8 (best 1 - 100 worst), indicating outstanding price growth. GOOGL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 24 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 39 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 44 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 73 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.285) is normal, around the industry mean (17.206). P/E Ratio (26.316) is within average values for comparable stocks, (45.758). Projected Growth (PEG Ratio) (1.292) is also within normal values, averaging (3.673). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (5.910) is also within normal values, averaging (9.088).
TSLA in -12.68% downward trend, declining for three consecutive Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where TSLA declined for three days, in 206 of 266 cases, the price declined further within the following month. The odds of a continued downward trend are 77%.
PYTH:TSLA
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TSLA as a result. In 55 of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 76%.
The Moving Average Convergence Divergence Histogram (MACD) for TSLA turned negative on December 29, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In 32 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 74%.
TSLA moved below its 50-day moving average on January 09, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TSLA crossed bearishly below the 50-day moving average on January 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 77%.
The Aroon Indicator for TSLA entered a downward trend on January 29, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 18 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.57% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 292 of 349 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
TSLA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
NQ Power Range Report with FIB Ext - 1/30/2024 SessionCME_MINI:NQH2024
- PR High: 17731.50
- PR Low: 17700.00
- NZ Spread: 70.5
Pushing back toward ATH 17794
- Strong supply run prev session
Key economic calendar events
10:00 | CB Consumer Confidence
- JOLTs Job Openings
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 212.83
- Volume: 25K
- Open Int: 299K
- Trend Grade: Bull
- From BA ATH: -0.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18106
- Mid: 16963
- Short: 16391
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 - 1/29/2024 SessionCME_MINI:NQH2024
- PR High: 17507.50
- PR Low: 17456.25
- NZ Spread: 114.75
Evening Stats (As of 12:15 AM)
No significant calendar events
Slight dip for inventory to start week
- Holding Friday's range
- Weekend Gap: N/A
- Gap 1/26 -0.05% (open > 17579)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 214.35
- Volume: 33K
- Open Int: 299K
- Trend Grade: Bull
- From BA ATH: -1.5% (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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 1/26/2024 SessionCME_MINI:NQH2024
- PR High: 17574.25
- PR Low: 17530.75
- NZ Spread: 97.5
Key economic calendar event
08:30 | Core PCE Price Index (2x)
Volatile cheap inventory open
- Relatively wide NZ spread
- Session gap down below prev 2 day low
- Reversal from ATHs
Evening Stats (As of 2:25 AM)
- Weekend Gap: N/A
- Gap 1/26 -0.05% (open > 17579)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 219.22
- Volume: 50K
- Open Int: 297K
- Trend Grade: Bull
- From BA ATH: -1.6% (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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
CANO a healthcare penny stock with high volatility LONGCANO is shown on a 15-minute chart now set for a long position with comments on the chart.
This is a VWAP band breakout with a volatility spike long trade.
Stop loss is about 70 cents, targets are 70 cents, $1.40 and $2.10 for 33% each and a reward
of $2 for every $1 risked. Options are available for one and two months expiration.
NQ Power Range Report with FIB Ext - 1/25/2024 SessionCME_MINI:NQH2024
- PR High: 17627.75
- PR Low: 17606.00
- NZ Spread: 48.75
Key economic calendar events
08:30 | Core Durable Goods Orders
- GDP
- Initial Jobless Claims
10:00 | New Home Sales
Prev session pushed ATH, close print for daily reversal
- Holding prev session close
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 216.71
- Volume: 27K
- Open Int: 296K
- Trend Grade: Bull
- From BA ATH: -1.0% (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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 1/24/2024 SessionCME_MINI:NQH2024
- PR High: 17578.25
- PR Low: 17551.50
- NZ Spread: 59.75
Key economic calendar events
09:45 | S&P Global US Manufacturing PMI
- S&P Global Services PMI
10:30 | Crude Oil Inventories
Continuing to push the highs
- Break above prev 2 session highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 215.78
- Volume: 23K
- Open Int: 288K
- Trend Grade: Bull
- From BA ATH: -0.7% (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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
XBI Long-term Buy SignalsAMEX:XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction.
XBI is a somewhat volatile bio-tech ETF.
This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY.
Here are the most current Top 10 holdings:
1 CYTK Cytokinetics, Incorporated 2.79% 2,308,666
2 KRTX Karuna Therapeutics, Inc. 1.80% 383,056
3 ARWR Arrowhead Pharmaceuticals, Inc. 1.61% 3,201,386
4 BHVN Biohaven Pharmaceutical Holding Company Ltd. 1.57% 2,381,294
5 SRPT Sarepta Therapeutics, Inc. 1.56% 904,544
6 ACAD ACADIA Pharmaceuticals Inc. 1.53% 3,752,269
7 ARDX Ardelyx, Inc. 1.49% 12,061,271
8 VRTX Vertex Pharmaceuticals Incorporated 1.46% 224,792
9 MRNA Moderna, Inc. 1.46% 980,210
10 KRYS Krystal Biotech, Inc. 1.41% 736,663
NQ Power Range Report with FIB Ext - 1/23/2024 SessionCME_MINI:NQH2024
- PR High: 17474.25
- PR Low: 17450.00
- NZ Spread: 54.25
No key economic calendar events
Daily print showing reversal potential below 17400
- Low volatility session open
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 220.99
- Volume: 23K
- Open Int: 288K
- Trend Grade: Bull
- From BA ATH: -1.2% (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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 1/22/2024 SessionCME_MINI:NQH2024
- PR High: 17524.75
- PR Low: 17440.75
- NZ Spread: 84.0
No significant calendar events
Pushing ATHs (QQQ - NDX)
- Back adjusted futures high Nov 2021
Evening Stats (As of 12:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 231.89
- Volume: 47K
- Open Int: 296K
- Trend Grade: Bull
- From BA ATH: -0.8% (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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
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.
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.