Sharing my thoughts and the levels on ES for this coming week. Here is a snippet of the levels for your quick reference: Safe trades all!
I am not sure if anyone else noticed, because quite frankly I completely missed it, but there is a new leveraged share on the block that aims to track the S&P 500 ( SP:SPX ). That ticker is $SPYU. Now this isn’t a conventional leveraged share. Most leveraged shares are between 2 x to 3 x max. However, this one is 4 x. Yeah, you read it correctly, 4 x the S&P. So...
ERJ seems to follow Heikin Ashi setups. Based on that, I am looking for a re-test in the teal box. This is the area I would like to add. I have been long on ERJ for some time, at 14.52 and more at 18.90. Still holding but will add if we can snag this box. This box is just a Heikin Ashi pullback target, so hoping to see it get there. Safe trades everyone!...
A little bit of a longer video, but just explaining some observations I have noticed. As well, going into next week, SPY will get new 3 month levels, new monthly levels and new 6 month levels with the corresponding high prob target. I will share those into Monday when they become available. Safe trades everyone and thanks for watching!
As promised, I am sharing the quarterly and 6 month levels including the High prob targets. Hope you enjoy, leave your questions below and safe trades!
These are more for me, testing out a new model. Apparently, the most likely target is 20,132. Will it hi? Maybe.... Anyway, teal boxes are the rejection zones (99% of true values will fall below or above). Followed by the most likely lows and highs. Not advice! Safe trades everyone.
Looking at this, looks like we could see a continuation of pullback. No huge amounts of short interest for next week after the squeeze we saw this week, so that generally is when the market decides to actually pullback. Levels to watch are in the chart. Most likely high is 484 and most likely low is 475. Purple boxes represent max high and low ranges. Bias...
I did NQ1!, so figured I should also do ES1!. These are the levels to watch intra-day for tonight/tomorrow on PCE release. Rejection and support zones as noted. Bias is bullish but short at rejection zone / long at support zone.
My thoughts on SPY/SPX for next week. Overall, looking like its going to be a pullback week! Safe trades as always and leave your questions below!
Its been a minute since I have posted on futures and an intra-day idea. Here are the levels to watch for NQ. Looks like its heading to a rejecton zone (Green box). From there, the anticipation is to retrace the neutral range. Wouldn't be shook to see it go to the red box. Major rejection/support zones outlined with the teal lines. Overall bias intra-day is...
Just my thoughts on META for next week. As always, leave your questions below and safe trades!
Hey everyone, Wasn't in the mood to type, so here is my analysis in video format! Hope you enjoy and as always, feel free to leave your questions below :). Safe trades!
And I'm back. Sunburned to all h3ll. haha For next week on SPY, its looking bearish initially. We do have a reference target at 533 so expect a retrace to this area. Looking for 529 and ideally we break below to head to those low targets, because that will test this wedge SPY is making. Here is the wedge from a daily perspective: And the weekly: Probs on...
This tutorial goes over the uses of the very low timeframe features that Tradingview offers, namely the 1 second through to the 30 second charts. The main advantage to these timeframes is that they permit you to clearly see whether your support and/or resistance levels are being held or are being rejected. This allows you to make a determination much quicker than...
Hey everyone, Haven't given an NVDA idea in a bit despite day trading this almost every day so thought before I go away, I will provide my updated thoughts. As I suspected it would, NVDA invalidated the larger term bearish setup on the weekly timeframe to go to 1,000 +. I was expecting resistance at 1,000 but uh.. yeah, no. However, its really not looking good...
Hey everyone, Posting an idea. I will be away next week, God willing, on a ship 🚢, in the Bahamas 🌴, so figured I would post now, because I will pretty radio silence for next week and haven't decided whether I will make an effort to track the market while on the sea or not. Probably not from the looks of the probs, so let's get into expectations next week. Daily...
In this video I attempt to address the question I think everyone is wondering, "how much higher will this go?". In addition, I briefly talk about next week's levels and probability. Safe trades everyone!
Hey everyone, Going into next week, it seems like we my start with selling first. Going into Monday probability is particularly bearish. Based on the assessment of the week it actually seems like we can expect dramatic moves in both directions, so if we head down first, I would expect the CPI catalyst to move us back up. Vice versa if we start bullish. Though,...