PJAYDUB504

PJAYDUB504

Believe it to be the SMS to be bearish and finish the MMSM for rate hikes, big tech earnings, GDP. In addition, the ES has run up 8% finishing a daily gap which is about avg before a 3-4% pullback.

PJAYDUB504

Now that we have broken above highs and filled one daily gap, we should start to retrace. Very violent week with plenty of macroecon data and future implications on tech. We have run 8% on the ES and that is usually the avg of when we will see a pullback. Plenty of tech earnings this week including AAPL, META, GOOGL, AMZN. I expect us to at least retest 3920,...

PJAYDUB504

Now that we have broken above highs and filled one daily gap, we should start to retrace. Very violent week with plenty of macroecon data and future implications on tech. We have run 8% on the ES and that is usually the avg of when we will see a pullback. Plenty of tech earnings this week including AAPL, META, GOOGL, AMZN. I expect us to at least retest 3920,...

PJAYDUB504

Price traded up on Sunday and took out Friday's PDH on 60m. Price continued to trade into premium prior to 8:30/9:30. YM took out BSL prior to 830 while others did not suggesting repricing lower for ES & NQ. Shorts were warranted Price consolidated and from 530-700. Bearish Judas swing occurred with ES & NQ at 7:00 suggesting price wanted to go lower. Price formed...

PJAYDUB504

Price traded up on Sunday and took out Friday's PDH on 60m. Price continued to trade into premium prior to 8:30/9:30. YM took out BSL prior to 830 while others did not suggesting repricing lower for ES & NQ. Shorts were warranted Price consolidated and from 530-700. Bearish Judas swing occurred with ES & NQ at 7:00 suggesting price wanted to go lower. Price formed...

PJAYDUB504

We looking for the VIX to complete the move lower to fill in the gap and draw on gap lower. I do not believe $VIX will break 20 this week especially prior to the next rate hike. Since we expanded on Friday in the $VIX and $ES, I expect more muted moves in the beginning of the week as well fins our direction

PJAYDUB504

Looking for ES to push into premium and DXY to retreat lower and break through breaker due to premium to discount. However, DXY could stall at this level and let ES retrace lower.

PJAYDUB504

Divergence: NQ failed to make a LL while ES & YM made LL taking out SSL. This suggest they were unwilling to reprice NQ lower showing strength.

PJAYDUB504

Now that we have taken liquidity lower, we have shifted structure bullish. With the lack of news this week leading into the next rate hikes the following week, we should continue the shift in trend until LHF targets are met. 3925, 3950, 3980, 4000 are targets for the week.

PJAYDUB504

Now that we have taken liquidity lower, we have shifted structure bullish. With the lack of news this week leading into the next rate hikes the following week, we should continue the shift in trend until LHF targets are met. 3925, 3950, 3980, 4000 are targets for the week.

PJAYDUB504

Now that we have taken liquidity lower, we have shifted structure bullish. With the lack of news this week leading into the next rate hikes the following week, we should continue the shift in trend until LHF targets are met. 3925, 3950, 3980, 4000 are targets for the week.

PJAYDUB504

Weekly idea transposed on Hourly Chart. Same expectation but showing price fractally

PJAYDUB504

Daily chart with Weekly transposed over for clarity and showing price fractally

PJAYDUB504

Tons of news coming later in the week. CPI, PPI, Core Retail Sales but price has an objective

PJAYDUB504

We are currently in a MMBM to come get the original consolidation up to 4100. Heavy news week with volatile days. Based on data we should be volatile but continue to head up until we hit the 4025-4100 area. *4025 would give us a 10%+ run which is a setup for a pull back*

PJAYDUB504

Daily Bias with Daily Imbalance plus liquidity higher

PJAYDUB504

Change in MS. Market showing bullish signs to fill in imbalance. With not real news drivers, We can see a continuation tomorrow, then sell down next week

PJAYDUB504

I expect the market to consolidate until Powell Speaks Wed and Thur