Entrenched

Entrenched Updated 

Spy is definitely under some pressure and if it struggles to reclaim and hold above 416 it can retest the lows. If it falls under 410 it is likely to drop to the 408-405 range, in my opinion. This set up is dependent on the current local lows holding as near-term support and a play to the upside to close the 4hr gaps. Feel free to comment and like if you agree and...

Entrenched

A simple look at some key levels. I also made a video about this, so feel free to check it out. I go into more detail of what to look for at certain price points.

Entrenched

BTC hit the lower ascending trendline and bounced up nicely, which could suggest we see a deeper retrace for the month of Feb. A break under the trendline carries a risk of 27k imo, so IT'S important to stay vigilant. In the evenT price can hold the current lows, and STAY ABOVE the TL, I see a potential for a deep retrace into the 50k area. When we get there, I...

02:20

Entrenched

looks like its on its way to the trendline and i would be interested in catching a retrace , hopefully to the gap area for a potential run into the 6$ range

01:58

Entrenched

noting much happened today and the 200 ma caught the dip it seems. tmrw is another day to see if it can climb back over 4700-4708

Entrenched

Keeping an eye on btc as it approaches the 200 ma and what looks to be resistance imo

Entrenched

just a a look at the potential range for spx. looks to be in a consolidation range for now but a break above 4740s opens up the potential for a double top imo

Entrenched Updated 

There may be a potential drop in the, $ES $SPY, BUT it can certainly run up if it gets above 4711, but for now as long as it doesn't make a new high, I believe it may test the first area of support in the 4653-4640 area. If we get there, I assume there could be a bounce to test resistance/trendline. There doesn't appear to be much support under there and on a...

Entrenched

I expect some potential heavy volatility as the week progresses and we get closer to the fed press conference and NFP. To start the week i expect a small choppy range and price may move up some in the 1804-1808 range before making its way lower to the lower 80s. There is mostly support in that area and we may see a breakdown retest. I expect home sales to come in...

Entrenched Updated 

It appears the usd has some room to run still until it reaches a higher time frame resistance area. I expect a volatile week because of significant event risk. inflation and J Powell is on the docket. In my opinion. To start the week, I expect the dollar to continue to fall towards near term support. The usd is vulnerable under 11850.00,in my opinion, and may...

Entrenched Updated 

potential short

Entrenched

Gold may bounce one more time near the higher tf 618 in my opinion but not valid until over 1780ish again

Entrenched

potential long scalp

Entrenched

possible short term trade in the US500

Entrenched Updated 

its kind of ambitious as of now, but just a though. i'll continue to update the chart as we go forward

Entrenched

a possible completion of a 3 wave corrective bounce although there is risk to the upside , midweek I do anticipate a downside surprise in the retail sales data. I made a video to elaborate a bit further on significant price levels I see. I will post video in the comments section

Entrenched Updated 

I see a double top at resistance , and I believe btc may drop to test the trendline at very least , imo

Entrenched

USD took a little hit from the unexpected rate cut the other day but its all priced in now and even a rate cut on the 18th is 100% priced now. I believe that if u.s. data is good today it would help EU ease off the tops a bit in my opinion. there is a declining trend line but price may overshoot some into the resistance zone but not a guarantee , either way not...