WSP1! trade ideas
ES/SPY Bottoming Process Gaining More ClarityThe George W Bush pattern still seems to be forming...taking the longer larger and more powerful form. Will the right lower part of the W take place above the lower left side, dead even or below. Certainly sentiment would lead us to believe it will be well below the left side. However, today failed to make a lower low. Selling may resume Sunday night/Monday morning or the double bottom retest may be complete....OR of course we can keep charging significantly lower.
April 15th Trade Journal & Stock Market AnalysisEOD accountability report: +940
Sleep: 8 hour, Overall health: Good
**Daily Trade Recap based on VX Algo System **
9:30 AM Market Structure flipped bullish on VX Algo X3! - easy money
10:10 AM VXAlgo ES X1 Sell Signal - easy money
1:02 PM Market Structure flipped bearish on VX Algo X3! - easy money
1:40 PM VXAlgo ES X1 Buy signal (triple signal) -a bit tuff but still work out
3:30 PM VXAlgo ES X1 Sell Signal (double signal) - a bit tuff but still work out
**Wed plan: ** Watch for 48M support or 195M support to tag around 5200-5300s.
Weekly Market Forecast: Buy Stocks! Sell Oil! Buy Gold!In this video, we will analyze the S&P 500, NASDAQ, DOW JONES, Oil, Gold and Silver futures, for the week of April 28 - May 2nd.
Markets are looking tradeable again.
The indices look bullish, creating +FVGs as they move higher.
Oil has corrected a bearish impulse, so it could be poised to move lower from the Daily and Weekly -FVG.
Gold took a breather last week and could move higher from the Weekly +FVG it just created.
Let's go!
Enjoy!
May profits be upon you.
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S&P 500 futures- ES1! - or SPY...interesting price actionComment on the thoughts to the reliability of this and what people think may occur in the next couple days...are we looking to refill the 5332.25 gap fill on the 4Hr chart or maybe a move to 571.46 on SPY and then retreat back?
Seeing how the Stochastic Momentum dipped on a rising price and may loosely be said to be divergent also kinda correlates with that upper 50% channel orange line it is hitting. So if you pulled back to that gap and then ripped to that orange 50% upper channel line again but close above it then you have a chance of hitting the top of that top channel red line.
But...as I always do...try to find indicators that explain actions on a chart since geometry means noting unless you have an underlayment of solid architecture underneath. See how only that one --?-- is the only unexplained level to not correlate.
Again...thoughts on this or anything negative or just "wat'evr bruh" is all welcomed.
Was just in the middle of taking a break from cleaning out my Garage and thought a few minutes of doodling would be a nice relaxer before heading back into that 4 door packed monster. Only to say that due to me not maybe putting as much attention into things as possible, but again this is a doodle and not an actual analysis...
But as my previous idea mentioned...you have until Tuesday to recorrect and then its hunting season for whatever Apple, Microsoft, Meta, and Qualcomm can effect things in that order...So top of the channel if all of those are good and bottom of the channel and breaking that like 5132.25 or something bottom line to move lower.
Just simple considerations-
Amazon said to be putting AI/Data centers on hold contractually along with tariff pressures.
Microsoft same as above but like minus the tariffs
Meta is literally a joke of actual physical production of economy- i mean maybe marketplace...but ad revenue isnt making the world go round when you literally state you will flood your services with AI profiles for more engagement...look it up f you pay them for ads
and Qualcomm...which is being wrecked by China chips ban, even if they get there by proxy...not as much money as before, and even with computers being exempt along with smartphones, their semi business hasn't been selling hardcore since the US consumer is strapped and there apparently isn't much inventory of high end consumer goods flying around.
But to the last one Apple:
Hey, just buy the only thing we sell which have been a cult following since like 2008 and maybe like we may bring a car into the picture...Well China Huawei already made a car and their phone is literally in every metric better- but is banned in the US cause you know national security----but you can sell iPhone in China- how very communist of them to do so...they should try to be more capitalist and ban things like BYD or NIO or Huawei like US lol
Anywho....One of my customers at my farm was one of the tops involved in Amazon and had quarterly meetings face to face with Bezos and the Board....She dumped her stock in the first week of February after her 3 month hold on share sales was over after already leaving the company 6 months prior. And her partner's brother working for Citi said to sell all their equities and go into the top 4 Gold and Silver miners along with owning the two physical metals as well. Phone and consumer electronics...exempt
He is really showing those communists who don't ban US goods from entering their markets who is boss--- while not yet caring about the 1 Trillion dollar defense bill which adds more government spending to the docket and is almost an increase of exactly DODGE's supposed proven savings...
850 bill plus 150 bill saved = 1 Trillion for Pentagon...see math works- its the Transitive Property people, or the conservation of energy for the physics bros amongst us. :) facts///not feelz
S&P futures daily chart review4/27/2024
Daily Chart analysis
Market is All-in-long, but the market tempo would suggest a pause or a pullback
after 4 bull bars. Likely 1 more bar up before a pullback.
Elements to note:
Break of the broad bear channel down, an important component of a possible MTR setup.
Notice the EMA cross and confirmation, usually leading to some sideways, but good foundation
for higher prices.
April 2nd was an outside up bar. There are bulls trapped here,
so sellers above, and this is a price level likely to tested in the near term.
S&P Futures weekly chart review4/27/2025
Outside up bar last week needing continuation. Notice the bear bar of 2 weeks abo triggered
and then reversed, trapping sellers. Buyers below.
Outside up bars are expanding triangles.
Likely we pulllback into the range of the bar, reverse and close above the bar.
Good probability of trend continuation up. Momentum is strong, even though this is a second
leg reversal back to a breakout point.
For the bulls, the best case scenario is an initial selloff, then reversal and back up
to form a 3rd leg of a wedge. But after that, likely to go back down. The bear channel
down was strong, and bears will want a second leg, even if it eventually forms a failed flag.
I view the corrective move down as 17 weeks, so likely 8-9 weeks of sideways to up,
of which we are in week 3. So likely more time of sideways to up.
So - expecting an initial selloff, then higher prices leading to another leg down for the bears.
There are sellers above, and buyers below. Best case for bears is eventual trend resumption.
Best case for bulls is a failed flag formation and back to new highs.
S&P Futures monthly chart review4-27-25 Update
The big April bear bar went too far too fast to be sustainable for the bears
Even if it had closed on it's low, that would have been terrible
for the bears. Stop would have been too far away and would invite
a fade. As it stands, it is a a bad bar for both bulls and bears. Bears see
tremendous buying pressure, forming the large wick. But as is, the bar is a bad buy signal
and bulls would face a similarly large stop. For bears, ideally they get a few days of down
to get back to the mid-point at least, but that is 300-400 points to make it a compelling
bear bar, so unlikely. Bulls can erase the bear bar with 100 pts or so, but probability is that the
bar finishes with a similar appearance. April's bar is a Breakout and pullback in one bar, likely sellers above.
Interestingly, the LT bullish trend line was broken by the wick, which is a typical element of a MTR setup.
However, a MTR setup would likely require the formation of a right shoulder first.
Most likely scenario here is Price falls back into the body of the bar, reverse up, but then
comeback to test the tail of the bar in 2-3 months.
ANALISI TECNICA MERCATI AMERICANIHappy Saturday to all traders! In this video we analyze the American market and see what we can expect in the coming weeks.
Recently, the markets have reacted positively to the statements of President Trump, who made it clear that he has no intention of removing Jerome Powell from the leadership of the Federal Reserve. This reassurance helped to allay concerns about the independence of the Fed, leading to a rally in the main indices: the Nasdaq gained 2.3%, the S&P 500 1.4% and the Dow Jones 1%. In addition, the administration has shown signs of openness towards reducing trade tariffs with China, fueling investor optimism. Despite the recent reassurances, uncertainties related to the Fed's monetary policy remain. Powell stressed that, although inflation is falling, there is no rush to proceed with further rate cuts, maintaining a cautious approach. Investors will therefore need to carefully monitor the upcoming macroeconomic data, especially those related to inflation and employment, which could influence the Fed's future decisions.
Next week promises to be decisive for the US stock markets. Although the recent statements by Trump and Powell have helped improve investor sentiment, the presence of technical resistance and uncertainty about the Fed's future policies suggest caution. An upward break of key levels could confirm the continuation of the positive trend, while signs of weakness could indicate the need for a consolidation phase.
Have a good weekend everyone and happy trading.
Thanks Ciao Mauro
I will mention my three rules that I constantly cultivate:
Patience, discipline and always have a plan.
April 24 Trade Journal & Stock Market AnalysisApril 24 Trade Journal & Stock Market Analysis
EOD accountability report: -400
Sleep: 4 hour, Overall health: bad
X7 signal this morning somewhat told us we were going to bullish direction, but my mindset just wasn't there today, had bad sleep and things going on and ended up locking up account early. I just read a book about it recently but I think I need to really cut bad influences out of my life when im dealing with money.
**Daily Trade Signals based on VX Algo System**
** 7:00 AMVXAlgo ES X7 Buy signal**
10:43 AM VXAlgo ES X1 Sell Signal (caught 10 pt)
1:12 PM VXAlgo NQ X1 Sell Signal (10 pt)
3:10 PM VXAlgo NQ X3 Sell Signal (2x signal, failed)
3:30 PM Market Structure flipped bearish on VX Algo X3! (canceled out& failed)
Next day plan--> Bullish over $5500
ES how to trade longs!On the 1-hour ES chart we identified an hourly oversold condition against our JLines bands and flagged a long plan this morning (see the 2:39 PM alert). We held the JLines 60 min curl as support, pulled the trigger near 5,375, and rode the move up to 5,475+ for a clean win.
Setup Details
Timeframe: 1 hour
Signal: Hourly JLines curl held in oversold zone
Entry: ~5,375 region
Target: 5,700 area
Outcome: Target reached, +100 handles
This is our repeatable process—spot the JLines support in an oversold zone, plan the entry, and lock in the move.
OTEUM EXPERT CALL: SP500 – Catch-the-Bounce EditionOTEUM EXPERT CALL: SP500 – Catch-the-Bounce Edition 🪙🚀
We’re fishing LONG for a quick, tactical bounce LONG as price aims to poke into a major resistance zones ⚙️📈 Once the dust settles and the bounce plays out, we still expect the macro down-draft to take over, so keep your suitcase packed for a swift exit 🎢✂️.
Main risk? A stray White House tweet or (not so much) surprise policy grenade? 💬💥—impossible to time, so size down and run a tight leash on risk 🦺⚖️.
#SP500 #Dailymap #BouncePlay #RiskOn #OTEUM
April 23 Trade Journal & Stock Market Analysis April 23 Trade Journal & Stock Market Analysis
EOD accountability report: +2325 on Eval, didn't trade funded
Sleep: 10 hour, Overall health: :check:
— 9:00 AM Market Structure flipped bullish on VX Algo X3!
— 11:30 AM Market Structure flipped bearish on VX Algo X3!
— 12:30 PM VXAlgo ES X1 Buy signal (triple buy signal) B+ set up
— 1:33 PM VXAlgo YM X1 Sell Signal (triple sell signal) B+ set up
— 1:55 PM Market Structure flipped bullish on VX Algo X3!
— 2:30 PM Market Structure flipped bearish on VX Algo X3!
— 3:31 PM VXAlgo ES X1 Buy signal (double signal)
Next day plan--> Short 48m MOB
Video Recap -->
April 22st Trade Journal & Stock Market Analysis** April 22st Trade Journal & Stock Market Analysis**
EOD accountability report: +325
Sleep: 3 hour, Overall health: tired
**Daily Trade Signals based on VX Algo System**
— 9:00 AM Market Structure flipped bullish on VX Algo X3!
10:20 AM VXAlgo NQ X1 Sell Signal
10:30 AM VXAlgo ES X1 Sell Signal
10:51 AM VXAlgo ES X1 Sell Signal
11:20 AMVXAlgo ES X1 Sell Signal (Triple signal) C+ set up
1:12 PM VXAlgo NQ X3 Sell Signal (Double X3 signal)
1:30 PM Market Structure flipped bearish on VX Algo X3!
3:00 PM Market Structure flipped bullish on VX Algo X3!
3:10 PM VXAlgo ES X1 Sell Signal (Triple signal) C+ set up
April 21st Trade Journal & Stock Market Analysis**April 21st Trade Journal & Stock Market Analysis**
EOD accountability report: +9335.75
Sleep: 8 hour, Overall health: tired
**Daily Trade Signals based on VX Algo System**
9:37 AM Market Structure flipped bearish on VX Algo X3
12:01 PM VXAlgo ES X1 Buy signal,
2:16 PM VXAlgo ES X1 Buy signal (double signal)
3:05 PM VXAlgo NQ X3 Buy Signal
3:31 PM Market Structure flipped bullish on VX Algo X3!