Decision day for NGSince NG land on VAH of last bigger sell and additional on a nice loaded value loaded M30 candle we may see a rotation day as fight between sellers and buyers.
However if buy will show strength and lift above 2.50 we may see some run up.
Sell must push below 2.49
so waiting to see the action.
on fundamentals: still some work on LNG terminals in USA, a bit colder weather in TX, hot in Europ, still works on Norway
Volatility
NQ Power Range Report with FIB Ext - 6/21/2023 SessionCME_MINI:NQU2023
- PR High: 15256.00
- PR Low: 15238.75
- NZ Spread: 38.75
Powell set to speak at B-period
- 10:00 – Fed Chair Powell Testifies
Tuesday session traded in wide range
- High volatility during morning session
- Closed practically unchanged
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Session Open ATR: 222.16
- Volume: 16K
- Open Int: 246K
- Trend Grade: Neutral
- From ATH: -9.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15533
- Mid: 15247
- Short: 14675
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.
NG further up with a possible rotation NG is pushing further up. Friday a normal day with some P volume type indication due to open rejection reverse cash session.
NG is in area of single prints built in May (see link below)
We are close to a volume loaded level of 2.693 so we may see fight between sellers, who pressed below buy VPOC and buyers who would like to be back above it.
So next day or days will show if sellers are still there and if they have enough power left.
why not a scenario to open with a gap up to around 2.693 :)
app.screencast.com
NG close to 2.7 area where we may see sellers quitting positions. So 3 ideas for trade:
1. just StopLos covering and this will be with a fire above 2.7 and in case of no continuation we get sell down
2. Liquidation of stops above 2.7 in fast way or with some rotation but in that case we should keep 2.693
3. rotation in range 2.565 to 2.636
NQ Power Range Report with FIB Ext - 6/20/2023 SessionCME_MINI:NQU2023
- PR High: 15253.75
- PR Low: 15235.00
- NZ Spread: 41.75
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Session Open ATR: 229.65
- Volume: 103K
- Open Int: 249K
- Trend Grade: Neutral
- From ATH: -9.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15533
- Mid: 15247
- Short: 14675
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 - 6/16/2023 SessionCME_MINI:NQU2023
- PR High: 15375.75
- PR Low: 15352.00
- NZ Spread: 53.25
Long weekend ahead
- No significant economic events
Price continues to march to higher supply.
- Quick inventory grab before yesterday's RTH open.
- Ranging just below the highs
Evening Stats (As of 1:25 AM)
- Weekend Gap: N/A
- Session Open ATR: 228.53
- Volume: 27K
- Open Int: 249K
- Trend Grade: Neutral
- From ATH: -8.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15533
- Mid: 15247
- Short: 14675
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.
Shorting BitcoinI'm shorting Bitcoin because
Bitcoin's price increased rapidly after 2020's low US Interest rate .
Then, it started falling in 2022 when the rate started to increase. The rate will go higher and stay there for some time.
On the technical side, volatility is low on the daily chart. This means the trading activity is low and will increase. I expect some big candles and momentum in the market soon(daily chart).
My first price target is $12800 .
NQ Power Range Report with FIB Ext - 6/15/2023 SessionCME_MINI:NQU2023
- PR High: 15229.00
- PR Low: 15213.75
- NZ Spread: 34.25
Supply continues to climb, near key level long.
- Inventory dip to 256 K-band off FOMC
Economic Events:
08:30 – Initial Jobless Claims
- Retail Sales
- Philly Fed Manufacturing Index
Evening Stats (As of 1:35 AM)
- Weekend Gap: N/A
- Session Open ATR: 219.53
- Volume: 26K
- Open Int: 231K
- Trend Grade: Neutral
- From ATH: -9.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
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 - 6/14/2023 SessionCME_MINI:NQU2023
- PR High: 15123.00
- PR Low: 15104.75
- NZ Spread: 40.75
!FOMC DAY!
Holding the highs of yesterday's range.
High volatility expected, AMP increased margins to 25%.
Economic Events:
08:30 – PPI
10:30 – Crude Oil Inventories
14:00 – FOMC Economic Projections
FOMC Statement
Fed Interest Rate Decision
14:30 – FOMC Press Conference
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Open ATR: 214.20
- Volume: 15K
- Open Int: 199K
- Trend Grade: Neutral
- From ATH: -10.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
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.
FFIE-- EV Penny Stock on NASDAQ longs to go higherFFIE is the past several trading sessions had a 60% uptrend over 3 days followed by a 50%
standard Fibonnaci retracement. FFIE may be getting sympathy interest from the surge of TSLA.
The relative volatility indicator shows the spikes of volatility associated with the price
movement. FFIE is sitting midway between supply and demand zones. I will watch it for
a resurgence of the uptrend knowing that it may be dramatic but quick. I see this as an
excellent opportunity to daytrade a volatile penny stock for a quick significant reward. I am
assured in the long setup by the zero-lag MACD showing a line cross under the histogram
NRGD a 3X Leveraged ETF that shorts oilNRGD goes up when oil goes down; this ETF tracks the oil futures ; it is leveraged and managed.
Here on the one-hour chart with an Bollinger Bands and EMA bands indicator added, it can be
seen that price had been trending down in two waves beginning June 1st , Upon dropping
outside the BB lower line, price reversed upward to reach the upper BB line and reversed again.
Finally, price dropped outside the BB lower line and reversed this past Thursday. The RSI
oscillator has recently trended between 65 and 40, suggesting healthy price action without
and oversold or overbought conditions. As it is now trending up again. I see it as suitable for a l
long trade. I have plotted horizontal resistance lines in order to plan a tiered exit from a trade
of 4 shares where I will partially close the position by selling a share each time price reaches
one of those lines. At the same time, I will move the stop loss up to midway between its l
location and that line. I will repeat this until all shares are sold. I am expecting a 12% profit
overall for a week-long trade. This will be a free trade without risk after the first move of the
stop loss to above the entry point. If the RSI remains below 80, I may let the last share run
until I am alerted that price has hit the BB upper line by an alert or alternatively set up
a trailing stop loss of 2%.
Korea bullish trend, buying dipsThesis: South Korea is being considered as an AI startup hub as well as a chip source for AI.
it has a bullish trend. i am waiting for price to reach the lower end of the lower dynamic volatility range to start incrementally building a position in 0.25-0.5 basis points
NQ Power Range Report with FIB Ext - 6/13/2023 SessionCME_MINI:NQU2023
- PR High: 15024.25
- PR Low: 14998.00
- NZ Spread: 58.75
Volume weight shifted to contract month U.
Supply run continuation from strong push prev session.
- Broke PR+1 before midnight.
Economic Event:
08:30 – CPI
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Open ATR: 219.09
- Volume: 21K
- Open Int: 141K
- Trend Grade: Neutral
- From ATH: -10.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
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.
ETH Risk RangeWith Implied Volatility @ 39.96% we can expect an 164 point move within the next 3 weeks. if your looking for buying opportunities your downside risk would be minimal at the lower end of the range and if your looking for selling opportunities your upside risk would be minkmal at the top end of the range.
ETH volatility could start to spike but RSI is lowI am bringing to your attention the current state of Ethereum's price trend. As of now, Ethereum has been experiencing a notable downward trend in price when observed on a daily timeframe chart. It is currently trading at approximately $1,740, which reflects a decline of over 5%.
It’s becoming increasingly evident that Ethereum is experiencing a bearish trend in the market, as indicated by its RSI dropping below 40. To add fuel to the fire, the current volatility level of Ethereum is at a measly 0.01%. If you're a Bitcoin trader, it's time to pay attention and make informed decisions accordingly. Check out Furthermore for more insights.
Additionally, the Bollinger Band analysis indicates that ETH is currently experiencing a certain level of volatility. However, the band's elasticity suggests that the current volatility is relatively minimal.
I hope this information is helpful to you. Please let me know if you have any questions or concerns in the comments.
NQ Power Range Report with FIB Ext - 6/12/2023 SessionCME_MINI:NQM2023
- PR High: 14610.00
- PR Low: 14553.75
- NZ Spread: 125.75
Nothing Significant scheduled on the calendar.
Rollover to contract month U on the 16th (Friday)
- Open interest beginning to reflect rollover
Extremely low volume and volatility following the PR hour.
- Strong supply push, raising value interest, at session open.
- Open volatility created wide NZ spread.
Expecting FOMC Wednesday preparation..
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Open ATR: 203.57
- Volume: 13K
- Open Int: 238K
- Trend Grade: Neutral
- From ATH: -11.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 14103
- Short: 31531
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 - 6/9/2023 SessionCME_MINI:NQM2023
- PR High: 14519.00
- PR Low: 14504.75
- NZ Spread: 31.75
Retraced more than 50% of Wed's inventory run.
- Lowest volume of the week.
- RTH open has been highly choppy this week.
Evening Stats (As of 1:25 AM)
- Weekend Gap: -0.08% (filled)
- Session Open ATR: 210.14
- Volume: 15K
- Open Int: 273K
- Trend Grade: Neutral
- From ATH: -12.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 14103
- Short: 31531
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.
Can MULN reverse its decline?MULN is a stock in the EV automotive space. As recently as last year it was priced at $30-40 per
share. It has steadily declined but continues to have volatility flare-ups where the price spikes.
I understand it has a bit of a cult-like following which is not uncommon. Price has lost
50% since the latter part of May. On the 15-minute chart, price has jumped about 10% in the
past few days with increased volatility and a confirmatory trend of the lines of the MACD
crossing above the zero horizontal line. I suppose this could be a retracement /correction but
it also could be a reversal in its earliest phase. I see this as suitable for a small position risking
less than a tenth of a percent of the account. The stop loss is 46 cents or about 6-7%. This is
the recent pivot low. My first target is 1/2 of the previous decline or about $.70 with a second
target at $.80 and the final target of $0.95 knowing that $ 1.00 is a psychological level.
NQ Power Range Report with FIB Ext - 6/8/2023 SessionCME_MINI:NQM2023
- PR High: 14333.75
- PR Low: 14307.00
- NZ Spread: 59.75
Economic Events:
08:30 – Initial Jobless Claims
Bottom finally fell out of the week's range.
Back near last week's lows.
- Continuing to inventory hunt into Thursday's session.
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.08% (filled)
- Session Open ATR: 207.97
- Volume: 22K
- Open Int: 280K
- Trend Grade: Neutral
- From ATH: -14.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 14103
- Short: 31531
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.
Is United Airlines Taking Off?Cyclical stocks like United Airlines have struggled since the banking crisis in March, but now the carrier may be regaining lost altitude.
The first pattern on today’s chart is the series of higher lows since early April. They’ve formed a potentially bullish ascending triangle in the last three weeks.
Next, Bollinger Bandwidth has tightened. Will movement expand after that kind of narrowing price action?
Third, directional indicators may favor the upside with MACD and the 50-day simple moving average (SMA) rising.
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