This post is purely speculation, and I will admit I have no idea what is to come. Just was doing some research and study and I happened to see a striking number of similarities between 2007 and supposed 2027. 2007 2027 Please let me know your opinions. Am I smoking something here? Are they really planning on dumping after 48,000?
I am seeing a two-legged pullback forming on the weekly chart with a possible higher low forming at the 2025 open. To me, it is looking like price is rolling over from 45,000. Of course, what I would need to see is an engulfment candle next week to confirm. Once and IF this happens, I will be looking for price to slow down and layer into the 2025 open for the...
Thursday on the Daily chart flashed a sell signal for a rejection off of 45,000. I am going in Friday with a bearish bias. Of course, I have no idea what will happen and could always be wrong. To me, this makes the most sense. A sell off to close the gap. From 45,000 down to 44,300 is a 700 tick move, not unreasonable for a NFP day. Notable profit...
After Yesterday's fumble, on to a new day. I will be looking for a pullback into support marked by the green lines. I was expecting price to retrace a bit more before it bounced but it seems the market decided to bounce yesterday at the weekly open. I can't argue with the market; I can only react to what it does. I am only interested in finding a buy trade...
Outlined below, I have a range forming from the Monday Initial balance. The three price levels to watch are: the weekly open (44,566) 50% of the range (44,393) the bottom 25% of the range (44,154) And of course, the high and low of this range. Where does price intend to go first? I am looking for the weekly open to turn into resistance I am looking for the...
The financial markets are setup in a way that symbolizes the Ocean and follows the Law of the Sea. Your cash is a LIQUID asset that is sat in a riverBANK. Your cashFLOW is used for LIQUIDITY when you purchase an asset. The banks direct the flow of money or CURRENT(cy). Inflation = inflatable rescue craft used when a debtor/dead ore has lost its charge. When...
Now that I have seen Sunday opened and gapped down, I am more inclined to see a bounce off of 44,000 for the gap fill back up to 45,000. I am expecting shorts to get trapped down low right into the middle of the range for the trap and shift. Either Monday or Tuesday to form the low. This is of course the market doesn't blow right through 44,000 and head down to...
Since September 2024, price has been in a 4000 tick range with 44,000 being in the middle. Currently, price just bounced off of 45,000. Support is down in the 42,000 range Resistance is in the 45,000-46,000 range Key levels I am looking for is what price will do in the middle. Will it bounce or just go right through? I am also looking at the 2025 opening...
I am looking for a retrace back down to 2025's open price of 42,934 as notated in cyan blue line. After which, I am then looking for the bullish continuation to take out the highs and land around 46,250 zone. The average bullish monthly candle is 2500-3200 ticks using ATR. If price retraces to the yearly open and rallies from there with 3200 ticks, it will reach...
Now that price broke out of 45,000, I am looking for the pullback into 45,000 area/open price area for the breakout/pullback. The bias today is obviously bullish and can possibly hold until the close. Target area of 45,300
I am looking for a High of Day to be put in place. Then a sell off into the gap support for a pullback. I don't anticipate price to break the low of Wednesday's peak formation low after CPI. I am looking for NY to open lower before the bullish reversal at said level. I am then expecting price to not only take out the high of day but the range high as well...
Dow Jones is still in a pullback in this downtrend. I am still bearish on Dow Jones until it hits its measured move. I am looking for my strike zone inside of the circle. Market target is 40,625 or the golden line. September 11th is suspended just above this level.
Just updating my thesis since I can see NFP started another leg down. Still in a 12% correction down to 40,750. Next week I am looking for a slight pullback before another leg down/ dump. Buying in this downtrend is going counter trend. Until we get down to 40,750 and start to see signs of bullish reversals should you then think about going Long. Until the...
Looking over the past 15 Non-Farm Payrolls, this one is shaping up to be a stop hunt wicks on both sides. I am not interested in getting chopped up and whipped back and forth. I will sit this one out. To me, it is most likely looking the most like January 2024. My whole point is, I don't know how far it will wick on both sides.
Price is still in its Bullish pullback phase up until the peak formation high and the upper 25% of the Range. Price is finding support at the 2025 opening price and the rising trend line. The break in structure signifies higher prices still to come. After the bullish pullback fails and the Bearish Daily trend continues, this range should break to the downside....
This range that is forming at the beginning of the year is just a bearish pause for the continuation of the down move. Target is the 50% of 2024's range notated in Gold. This will take out September 11th's pin hammer candle's low. Two big clues are the false break at the highs and the FOMC break in structure
I will be looking for a low of day buying opportunity at/near the NY session for the first green day setup. I don't know how far down price will go first but after a double bottom at the Low of Day, I will be looking for price to confirm the low of day and close back inside the 20sma. Either Thursday or Friday could present. It all depends on how price behaves...
I think my last post is incorrect now that I have taken a wider step back. I still believe it is in a wide range but I was able to expand the range down into 40,000 as a more likely bottom of the range. The range I was expecting was too small. The much larger range lines up with yearly ATR. The weekly and daily charts are showing more downside potential and 2025...