No words tonight - just the chart for tomorrow. wild trading range here. Red signal line
No words tonight - just the chart for tomorrow. 50DMA cutting right across the trading range here
No words tonight - just the chart for tomorrow. 1hr 200MA and the 50DMA above us
No words tonight - just the chart for tomorrow. 1hr 200MA and the 50DMA above us
AMEX:SPY 4hr 200MA breaking down Testing that 4hr 200MA here…. Look to the 35EMA on the weekly timeframe for support if it does break under
AMEX:SPY 5DTE view Ok, so this is the 5DTE View, so for Friday’s contract. 569-592 is this weeks trading range and the election gap is in focus. The 1 week 35EMA is underneath our trading range and I will go over the in one of the videos this week as to why that is important. We are also sitting right on top of the 4hr 200MA
AMEX:IWM 5dte View 210 - 224 for the week here Clear down trend under the 30min 200MA 211 is an important level + that support gap above it - I’ll go over it in the video tonight.
AMEX:DIA 5dte View We are in a pretty solid downtrend underneath the 50DMA and the 4hr 200MA 414 - 425 is the trading range for the week and as of now we’re making lower lows and lower highs, a clear downtrend.
NASDAQ:QQQ 5DTE view Ok, so this is the 5DTE View, so for Friday’s contract. We are under the 50DMA 494 -521 is the trading range for this weeks The 1 week 35EMA is underneath our trading range and I will go over the in one of the videos this week as to why that is important. We are not far away from the 4hr 200MA which is a big level to watch underneath us
SP:SPX 5DTE view Ok, so this is the 5DTE View, so for Friday’s contract. It looks like we will be under the 50DMA all week. 5710-5945 is this weeks trading range and the election gap is in focus. The 1 week 35EMA is underneath our trading range and I will go over the in one of the videos this week as to why that is important. We are also sitting right on...
A really quick recap of last week for DIA We open the week with a gap up to the 30 minute 200MA got smacked down from there. We are currently in a down, trend lower lows and lower highs. And we’re trading considerably underneath the 50 day moving average and that 50 day momentum has flatlined.
For times sake right now I’m going to just post this chart and I will be back to write a description later if it is even necessary. I just want a record of last week and how it played out before I move into the next days trading range. The week started at the red arrow And took a nose dive from there. 30 minute two under average is currently resistance and we’re...
NASDAQ:QQQ Recap of Last Week - Down on the Year - Bigger Downtrend Starting Wow, what a chart. Last week we opened with a gap up above the 30 minute two moving average and then we hit the down gap from December 27 and that was also the top of the downtrend line. (Redbeard arrow) From there, we took it all the way down to the downtrend line (green arrow) So...
Recap of Last Week - Down on the Year - At the 4hr 200MA and Election Gap There is a lot to see in this chart and this is a recap of last week where we opened with a gap up above the 50 day moving average took it right to the downward facing 30 minute 200MA to the 1hr 200MA that is where we saw a massive rejection and that is at the red arrow. From there we...
No video today guys because I had a bit of traveling this weekend and I’m just getting back to my computer, but this is a recap of last week in one chart. We started last week with a gap up over the 50 day moving average from there, we got above the 30 minute 200MA and saw resistance at the 1H 200 moving average (green arrow) and that pushed us back down...
DIA has had a solid sell off ever since we made new all-time highs on December 4 look at that 35 EMA (the red line) We’ve been trading underneath at the entire time and right now as I’m posting this about an hour and a half before FOMC we’re sitting right at that level. It is a critical level. We’re also sitting right on top of the 50 day moving average and then...
Wow guys look at today’s chart for FOMC for IWM. We had a really solid sell off after making new all-time highs after three years back on November 25 and that 35 EMA has been front and center. We did take it all the way back down to the 50 day moving average on the 30 minute timeframe we’re on the one hour timeframe and we’re bouncing on the 50 day moving average...
All right so we are right at the 35 EMA you could see that we’ve had a pretty strong rally along that level since the beginning of December we did drop underneath that for two trading days but then we got back above it with CPI and continue to rally so 35 EMA huge level right in the middle of our trading range. The implied move for today is between 530 and 542...