TTMTrades

08:48

TTMTrades

S&P 500 Slumps as Tech Bulls Scatter Amid Inflation Tsunami Worries By Yasin Ebrahim Investing.com – The S&P 500 closed lower Wednesday as the tech selloff continued on concerns red-hot inflation is here to stay after jumping the most since 2008, driven by rising auto prices and airfares. The Dow Jones Industrial Average fell 1.99%, or 682 points, the S&P 500...

TTMTrades

As you can see there is much divergence taking place within the RSI as the 2 hour chart begins to consolidates for a big move. The Daily uptrend has slowed and began to consolidate falling below key support levels as you continue to see distribution take place. I am currently holding puts and waiting for a pullback.

TTMTrades

Looks like investors are slowly but surely moving into safe assets such as bonds as we have currently hit bottom and can see some slow consolidation before a breakout.

TTMTrades

Intraday charts are still developing but as for now going out on a limb to say we could see a $395 pull back here as the 30 minute chart is consolidating and building momentum to the downside. Could see a strong end of day breakdown but await the $403 break first.

15:28

TTMTrades

Intraday uptrend is very strong but we are currently sitting in a neutral position to possibly have a pullback here. Also took a position in 20 YR bonds as it looks like we may have hit a bottom and more investors could be locking in to a more safe asset and minimizing their "Risk On" positions.

TTMTrades

Intraday Charts are aligned for a continued push to $400 possibly BUT Treasury Yields are still rising and there is a lot of divergence with the Charts and Indicators. Continue to take short trades to the upside but manage your risk, honestly looking for the possible dump before going long with a bigger position size. Friday should really let us know where we...

TTMTrades

Did we just put the high in for the WEEK on a Macro perspective...The VIX is picking up steam, which is giving us a heads up that more volatility is about to hit the markets.

16:38

TTMTrades

What Is Exhaustion? Exhaustion is a situation in which a majority of participants trading in the same asset are either long or short, leaving few investors to take the other side of the transaction when participants wish to close their positions. For example, if everyone has already bought, when those people want to sell there will be no more buyers to sell to...

06:08

TTMTrades

$387 and then $385, then $380 and lower $370's.....its coming...Slowly but surely

07:06

TTMTrades

Currently holding PUTs but looking at key support levels and key resistance levels.

TTMTrades

5 Minute chart has consolidated on a intraday support level, for a potential bounce to $393 to $394. Short swing trades here to the upside and then to potentially see if we need to take it back to the downside.

TTMTrades

2 Hour Chart is picking up volatility and the PMO is showing the momentum shifting to the downside meanwhile the Daily chart is in a tight consolidation pattern hence the BB Width but if you notice, on this last rally the PMO never crossed back over to the upside. So the intraday weakness is beginning to show up on the day to day chart, once we break below the...

TTMTrades

CGC looks to test old highs as you continue to see sector rotations in the market.

TTMTrades

The 30 Minute Chart bands are tightening with the BB Width way below its average. There is a big wild swing about to happen soon.

TTMTrades

2 Hour chart has finally made the dramatic PMO crossover after the many violent up down swings...Doesn't Temporary push to old resistance levels, but could dramatically fail then sell off...Play Safe PMO: Crossover BUT Still in Bear Territory and Below Averages RSI: Crossover & Support BB Width: Shows the price action is still very volatile intraday.

14:50

TTMTrades

Intraday charts are struggling to recover and the selling pressure is building in between $380 to $390, I think we could get a very violent swing to the downside soon which could catch a lot of traders off guard. BUT thats only if we fail to hold $380....

TTMTrades

Daily chart still in a established downtrend set up, with intraday charts consolidating. Price is currently testing the 2 hour charts Top 1 STD Dev which has been prior resistance the past 2 attempts. $388 Resistance with $385 and $380 as support Which ever of the 3 gives first with strong volume and consolidation above or below, will establish what direction we...

TTMTrades

Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading...