


SPYder_QQQueen_Trading
EssentialThe 35EMA across timeframes really doesn’t disappoint. This is the Daily timeframe. We had the 1hr 200MA, the Downtrend Line off of all time highs, and the 35EMA on the daily timeframe. We were not going anywhere. And add to that the MASSIVE bear gap. Good Job today if you guys took any of the trades I posted either here or on the video last night - every one...
The DOW closed near the bottom of the implied move yesterday and today we gapped up - so let's go.
Today's Trading Range and we also have TSLA Earnings in afterhours and the implied move for that was in today's video.
TA +options never ceases to amaze me. This was the implied move for Netflix on Friday And check out the after-hours price action. It hit the top of the implied move and pulled back a little. Top of the implied move was 1022 - after hours high? 1024. So beautiful!!
Last week we had a shortened Trading week because of Good Friday. We opened DIA with a gap up and over the trump tweet gap and we were met with resistance right at the downward facing 30min 200MA You can see the three arrows all week — you don’t want to go long at a downward facing moving average. Wednesday UHC and Jerome powell both took a toll on the Dow,...
Last week we had a shortened Trading week because of Good Friday. We opened last week on Monday with a gap up right into the bear gap and got pushed out. From there we dropped down to the 35EMA and bounce there to just underneath that bear gap again. Tuesday tried to get further into that gap and got pushed out again. Wednesday and Thursday we regrouped...
Last week we had a shortened Trading week because of Good Friday. We opened last week on Monday with a gap up right into the bear gap and got pushed out. From there we dropped down to the 35EMA and bounce there to just underneath that bear gap again. Tuesday tried to get further into that gap and got pushed out again. Wednesday and Thursday we regrouped...
Last week we had a shortened Trading week because of Good Friday. We opened the week with a gap up and got a rejection at the 30min 200MA. ++ You typically don’t want to go long at a downward facing moving average. ++ And this did play out all week. We got rejected at the downward facing 200MA on Monday, again on Tuesday. On Wednesday we gapped down...
Last week we had a shortened Trading week because of Good Friday. We opened the week with a gap up and got a rejection at the 30min 200MA. ++ You typically don’t want to go long at a downward facing moving average. ++ And this did play out all week. We got rejected at the downward facing 200MA on Monday, again on Tuesday. On Wednesday we gapped down (UHC...
Last week we had a shortened Trading week because of Good Friday. We opened the week with a gap up and got a rejection at the 30min 200MA. ++ You typically don’t want to go long at a downward facing moving average. ++ And this did play out all week. We got rejected at the downward facing 200MA on Monday, again on Tuesday. On Wednesday we gapped down (UHC...
NASDAQ:NFLX - EARNINGS - Expected Move 50DMA & 30min 200MA Pointing down, huh? 😏
That was awesome!! I had spreads here at the bottom 3 dollar wide 442/439 which filled end of day before swinging back in.
Awesome drop all the way down to the bottom of the implied move. The spreads I suggested in last night's video filled at the end of the day and closed up 100% 🙌🏼 Let's do it again tomorrow!!
Today’s Trading Range has Downward pressure from the top - you can see it in the way the moving averages come down and their angle. The implied move is 5320-5475 today (1.35%) 5295-5500 tomorrow (1.88%) And 30 day average volatility 5205-5590. (3.53%) That spreads am I looking to today? 5320/5296 Bull put spreads feel too close for me… But I’m still keeping...
When someone tells me TA doesn’t work I just laugh and laugh. Ok, if you say so. Look at that 30min 200MA today and yesterday. It just kept pushing price lower. Honestly quite beautiful actually.
Today, Monday April 14th we opened with a gap UP to the 30min 200MA and slightly above that. We closed the top of the gap (always a potential resistance and in the case here, paired with the 30min 200MA that was facing down we did get pulled back down to close the morning gap and the rest of the bear gap (combined it was an island gap) Once we closed the bear...
So if you just read SPY - this is just a copy and paste because of course we had almost identical price action here. Today, Monday April 14th we opened with a gap UP to the 30min 200MA and we also gapped right to the top of the bear gap (always considered resistance and strengthened by the downward momentum of the 30min 200. We did see resistance with those...
Today, Monday April 14th we opened with a gap UP to the 30min 200MA and we also gapped right to the top of the bear gap (always considered resistance and strengthened by the downward momentum of the 30min 200. We did see resistance with those combined bearish levels and we brought is back down to the middle, closed the gap from open and took it back to the...