Ok. Today’s implied move 6025 - 6105 on the day - I am looking wider than that for spreads today It’s looking as if futures will open UNDER the 30min 200MA, which could give us that 35EMA cross down and then we will be bearish. We got a little technical bounce yesterday but it was on low volume and looks weak in the indicators. So look for that 35EMA cross...
Ok. Today’s implied move 601 - 609 (so 600-610 if you’re selling spreads) It’s looking as if futures will open UNDER the 30min 200MA, which could give us that 35EMA cross down and then we will be bearish. We got a little technical bounce yesterday but it was on low volume and looks weak in the indicators. So look for that 35EMA cross down. 50 Day moving...
NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders for Feb 10 2025 We are opening right at the downtrend and at the top of the expected move. Could be top of the day here. Red signal line. 530/531 bear call spreads for me.
$BTC.X BEARISH DIVERGENCE on the weekly Exactly what the title says LOL. Just making a note.
AMEX:SPY Analysis, Key Levels & Targets for Day Traders for Feb 7 2025 Alright, y’all, ATH’s are back in the trading range today. We have a downtrend line off of ATH’s midway through the range and then ATH’s, and 612 as the top of the implied move for the day. Underneath we have the 35EMA -which we bounced on yesterday - and the 30min 200 for support....
AMEX:DIA Analysis, Key Levels & Targets for Day Traders for Feb 7 2025 Today’s implied move is well within the weekly implied move here!! We’re still seeing 450 as resistance and trying to find support on the 35EMA 444-451 on the day to close within the implied move for the week also take a look at that red signal line on the bottom indicator
AMEX:IWM Analysis, Key Levels & Targets for Day Traders for Feb 7 2025 Another attempt to get above the 50 Day moving average here. The 50 day moving average is pointing down so I wouldn’t go long here until it is turned… more likely to trade flat along it for the moment. Just above use we have 230 where we have been seeing resistance. Quite a large...
Alright we are opening with a follow through of the breakout from the downtrend, but also at resistance. If we get above this level, 531, then the next resistance is at 533, and then 536 is the top of the implied move. Under us we have all kinds of bounce levels, 35EMA, 30min 200 and 524 is the bottom of the implied move.
AMEX:SPY Analysis, Key Levels & Targets for Day Traders for Feb 7 2025 Alright, y’all, ATH’s are back in the trading range today. We have a downtrend line off of ATH’s midway through the range and then ATH’s, and 6135 as the top of the implied move for the day. Underneath we have the 35EMA -which we bounced on yesterday - and the 30min 200 for support....
AMEX:IWM Analysis, Key Levels & Targets for Day Traders for Feb 6 2025 OK, so here we have a breakout above the 50 Day moving average and previous resistance. Let’s see it we get a follow through. 50 Day Moving Average momentum is pointing down
SP:SPX Today’s Trading Range, y’all Alright so options has today’s trading range quite small, just .66%. And these are the levels going through it. Those of you that have been following for a while know exactly how to read this so I’m going to leave it at that since I’m a little pressed for time this morning!! Watch that 35EMA at the 30min 200MA, it could...
NASDAQ:QQQ Today’s Trading Range, y’all Alright so options have today’s expected move between 521 to 533. Sorry I’ve got to post and run today without much commentary but I know y’all got this!! Lets gooooo….
IWM got fiesty today with a gap up and run to the 50DMA with a close just short of resistance. Fancy move IWM. We did close within the implied move here!!
Alright so options has today’s trading range quite small, just .66%. And these are the levels going through it. Those of you that have been following for a while know exactly how to read this so I’m going to leave it at that since I’m a little pressed for time this morning!!
Even though QQQ is still looking bullish (just meaning that the 35EMA is still above the 30min 200MA, IXIC -or the Nasdaq composite has crossed down to be bearish on Monday with resistance at the 30min 200MA. Interesting!!
SP:SPX Review of Today’s trading range 30min 35EMA stayed bearish underneath the 30min 200MA. That is a bearish signal even though we had a green day. I’m telling you, it’s a weird signal but it works often. We closed bearish here. BUT, we still have a green signal line on this timeframe but just watch out because 35EMA under the 30min 200 is trouble. My...
RSI is not matching the past 6 months of new highs , suggesting weakening momentum despite the price increase. This is a warning sign for a potential trend reversal, although not necessarily an immediate indicator to sell - but rather to be cautious at these heights.
AMEX:DIA Analysis, Key Levels & Targets for Day Traders This is the Trading Range for the Week and you can see that we got rejected here at the 35EMA - we are neutral leaning bearish here just because of the moving averages and if we go down I would expect the 50 day moving average to catch for the week. Expected move for the week between 440 and 451 (just...