QMTcapital

QMTcapital

Support is attempting to form around 34500 We will wait for confirmation before placing retracement buys before shorting over the next week R1 is being consistently rejected

QMTcapital

A lot of stalling at 34700-34900. We will be playing the range until ou optimal short

QMTcapital

Scouting the chart for minimized risk near pivots and anchor points.

QMTcapital

Observing price action around primary pivots, scoping for seller traps.

QMTcapital

We have identified our trading range for the month. 1600 point range. It is clear that we have potential support at the newest anchor point. We don't see enough momentum to challenge supply zones just yet.

QMTcapital

Here we have a breakdown of relevant key levels and anchor points of demand and supply being tested for massive bearish continuation. Bulls will make push, leading to a better short entry.

QMTcapital

I see Bullish behaviour as the volume kicks in. Should set up a nice end of week selloff.

QMTcapital

Here is a landscape for potential fakeouts, especially the seller's trap trying to short right at Sunday's open. Let's wait for the dust to settle. Looking to short at New York Open.

QMTcapital

Here is a breakdown of how 34800 should breakdown over the next weeks with the parabolic nature of US30 coming to a hault.

QMTcapital

We have a new 2,500 point range to oscillate from week to week until the neckline is broken. I expect all parabolic momentum to cease, even with buyer traps around 35600. Modified H + S with manipulation at hand.

QMTcapital

Bullish behavior is losing steam as Sunday opens. Looking for more Signs of Weakness within micro channels.

QMTcapital

After this bullish behavior calms down, opportunities for shorts should happen by New York open. If not, shorts near ATH would be sensible.

QMTcapital

Here is a breakdown of where the indecision comes into play. We should see some resistance towards the top of the channels.

QMTcapital

Although I expect shorts over the next few months, the rounding out of this master pattern leaves room for indecision. Thus, enabling some sideways motion as liquidity concentrates towards the top of these macro and microchannels.

QMTcapital

Here is a Monthly view for Dow Jones. This index fund has been moving parabolically since the 2020 American elections. Therefore, my team will wait for bearish expansive confluence before we predominantly short the market. I also identify where it makes sense to go long after corrections take place