SnowflakeTrader

SnowflakeTrader Updated 

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...

SnowflakeTrader Updated 

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...

SnowflakeTrader Updated 

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...

SnowflakeTrader Updated 

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & Unusual Market Volume Detector (UMVD) Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of...

SnowflakeTrader Updated 

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...

SnowflakeTrader Updated 

This is a Thread, so Follow for Technical Analysis performed with TrapZOne Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...

SnowflakeTrader Updated 

See how TrapZone Pro gave early SHort Entries in SPY. Both Profitable on the Hourly Chart.

SnowflakeTrader Updated 

TSLA on a 15 minute chart is showing bullish volume trend as detected by the Unusual Market Volume Detector indicator. Green color showed up after consistent Red for the last week or so. The bullish Price Action is consistent with the bullish volume trend. Watch out for any Divergence i.e. Purple color in the lower panel. More importantly what color shows up...

SnowflakeTrader Updated 

All major 4 indexes are now under the Red TrapZone and The First retrace back into the TrapZone will be Key to see IF we start trending back down or not. Retrace is starting right about now!

SnowflakeTrader Updated 

Price Action and Volume analysis for TESLA chart as of 10-19-2023 Long term trend is still bearish with short term retrace back close to the TrapZone is possible in a near session.

SnowflakeTrader Updated 

Netflix was being accumulated well prior to the POP> Check out how Unusual Market Volume Detector Identified the BUYING after Price divergence on the 12th OCT.

SnowflakeTrader Updated 

I think there is more downside to TSLA, Right now the relative weakness may put it out of favor for the next few session. Keep an eye for volume divergence and GREEN to enter log for a retrace/scalp or stay short until Trapzone is RED !

SnowflakeTrader Updated 

DOW and Russel showed Buying in the few sessions in the LAST WEEK and today S&P500 and NASDAQ have joined in. UMVD or Unusual Market volume Detector is showing GREEN for all 4 Indices today. Also, US Market Strength Index (US MSI) is showing green in todays session. Now TREND IS STILL DOWN as seen with the Red TrapZones so, Bulls have a lot of work to do still.

SnowflakeTrader Updated 

Now that we have completed 3 waves up and a historic over 12% move up, I am looking for a retrace as recently buying failed to make new highs and the price sideways. We have ES/MES futures roll over in 5 days so we should expect volatility. and a slow creep down to lower prices as a retrace. I still think the prices will make new highs into the last week of the...

SnowflakeTrader Updated 

This is the last phase of this bull run MSI has been red for last 2 days Market is climbing. This is typical behavior before a correction, stay patient until prices start to go below the trap zone to enter shorts

SnowflakeTrader Updated 

It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix. TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.

SnowflakeTrader Updated 

I would stay away from TSLA, Its choppy and sideways. I think after this week the market will make its move. It is in fact a Roll over week. Watch for fake breakouts and play safe (small/ Intraday) if you have to.

SnowflakeTrader Updated 

See the green UMVD which is now turning purple, that means divergence - Now we are below RED TrapZone and if we get RED UMVD now AFTER DIVERGENCE - We will start selling further Down.