AMEX:IWM Might Run up RSI here before next… Keep an eye on RSI here. Right now it’s in a bullish divergence both on the 1hr and the 30min time frame. So in the near term we might see a pop, and even more likely, some consolidation here. The 2hr timeframe is still pointing us lower but we have room for a little pop here or some sideways action. 💃🏻
SP:SPX Today’s Trading range Oct 2nd 2024 Alright, do we break that 30min 200MA today and get into the FOMC rate cup gap? Are we still looking at the rate cut as a positive in the market? A gap that size looks like It needs to be tested. - Let’s go 💃🏻
AMEX:SPY Today’s Trading range Oct 2nd 2024 Today’s Trading range we have a bit of support near the bottom of the trading range…. I’m starting to look for strikes in that green gap Where do you think we will see low of the day. 563/542 bull put spreads on the day look nice.. Awwww yeah… Gl y’all
AMEX:DIA Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 418, we’re at a pivot level right now at 423 and resistance is at 426, the 35EMA is underneath us and we have an implied move for the week was 1.64% Awwww yeah… Gl y’all
AMEX:IWM Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 218 and resistance is at 223, the 35EMA is underneath us and we have an implied move of 1.19% Awwww yeah… Gl y’all
NASDAQ:QQQ Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 480 and resistance is at 491, the 35EMA is underneath us and we have an implied move of .85% Awwww yeah… Gl y’all
SP:SPX Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 5700 and resistance is at ATH’s at 5767.37, the 35EMA is underneath us and we have an implied move of .66% Awwww yeah...
AMEX:SPY Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 569 and resistance is at 575, the 35EMA is underneath us and we have an implied move of .66% Awwww yeah
No video again tonight but here is the trading range. DIA broke the 35EMA support and dropped down to the top of the FOMC gap. It didn’t fill it, like IWM did, but those two gaps are on deck, especially with JPOW speaking today and we have GDP as well. We broke the 35EMA, but we are still above the 30min 200 which makes us neutral, but also makes the 30min 200...
No video again tonight but here is the trading range. IWM had a big drop yesterday, outside of the implied move, so watch out for volatility, and it filled both FOMC gaps, the one before FOMC and the one after. Looks like this moving averages are on deck. Look to the 35EMA as a possible resistance even though we are still above the 30min 200MA which actually...
No video again tonight but here is the trading range. Implied move is between 481-488, and the next day’s is much wider so definitely look out for those strikes since we’re above the top of the implied move right now with where futures take it so be careful if we open elevated and don’t get back into the implied move right away, that’s a squeeze setup right...
No video again tonight but here is the trading range. Implied move is between 566 - 573 on the day. We’re above the top of the implied move right now with where futures take it so be careful if we open elevated and don’t get back into the implied move right away, that’s a squeeze setup right there. Don’t forget Powell speaks today in the morning and we have...
No video again tonight but here is the trading range. Implied move is between 5685 - 5760 on the day. I’m looking to 5760/5670 spreads as of right now If we open up and it looks like we will based on futures. 35EMA has been holding us up since FOMC and it’s right in the middle today. GL, y’all… I’ll keep you up to date on the wifi situation and hopefully...
Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow Easy Trading Range here today, much easier than QQQ, lol, that one is a mess… but here we...
Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow Easy Trading Range here today, much easier than QQQ, lol, that one is a mess… but here we...
Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow So we are at a pretty strong resistance level here at 485. You can’t see it on the screen...
Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow The implied move for tomorrow is between 218 and 224. The 30day average volatility is...
AMEX:DIA Analysis, Key Levels & Targets for Day Traders Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow But with that being said, this is...