ATR Is up to 8.26 a significant increase over the month percentage wise. Waiting until after 10am for anything. Jolts report will move the needle. We seem to be a bit sideways before open. Makes me think we'll gap up into the report, and if it's good, pull back hard, and then go higher.
ATR For SPY is now creeping up to 7.42, nice and juicey range. Fear and Greed on the lower end of Neutral at 45. Jackhole minutes and pending discussion on rate cuts are being spread around like MPOX, .50 or .25, will there be one at all? Geopolitical atmosphere is hearing up, Xi is in Moscow. Putin is Puntin and Star Wars Outlaws gets released next week....
The ATR on SPY is now sitting at 7.38, VIX and SPY were moving together close to the closing of yesterday, limited views on today since I am my 40 hr office job, but always watching and waiting for price action and volume, orders on the tape and technical setups to make any decisions. Patience.
When comparing my values to @MapleStax for the day I am again more confident having a valued and experienced point of view. One thing is the ATR seems to be slowing down now, not as aggressive and not moving up with force at 7.12$ PPI was today, looks tight causing some Premarket commotion CPI tomorrow eager and waiting. (MapleStax Notes) LONGS: Aiming to...
the ATR of SPY still sits in the $7.08 area. Thats pretty good from a month ago where it was in the mid 4$ area. With much much tension building up Russian, Israel, Iran, domestically, Trump with Elon on X tonight, PPI (tuesday) CPI (Weds) Jobs reports (Thurs), I think we move up today for a few reasons., the previoulsy mentioned and in preperation for the...
== no input today just levels and lines SCALP SR2 531.99 SR1 531.08 SPOP 530.16 LAST PRICE 529.25 SBREAK 528.34 SS1 527.42 SS2 526.51 R2 538.38 R1 534.87 POP 532.76 LAST PRICE 529.25 BREAK 525.77 S1 523.00 S2 521.16
Looking for these ATR levels, volume, price action and technical confluence to make decisions. Seems like its a waiting on your hands kind of day, honestly I think once the Olympics is over and citizens return to their countries, something on a GEO scale may happen, thats my speck on this. Otherwise Harris to drop her VP choice, the debate is still on schedule,...
NASDAQ:QQQ levels, that increase in overall ATR is not good, since thats all calculated from the downside lately, last 14 days of trading, although the number is going up, its going up for all the wrong reasons. Almost breached 6$ ATR from earlier in the month last month in the MID to low 6's now were are into and moving through the 7$ range..toooo much...
AMEX:SPY levels, that increase in overall ATR is not good, since thats all calculated from the downside lately, last 14 days of trading, although the number is going up, its going up for all the wrong reasons. Almost breached 6$ ATR from earlier in the month last month in the MID 5.40s Toooo much uncertainty for me, I need to watch and see what happens. I would...
There are my lines for the day, yesterday totally blew the levels out of the water, the ATR on the SPY is holding steady, but high due to the downside drips and falls we have been getting. Papa Powell has taken all need for us to go any higher off the table until mid August, my opinion. So anything that happens today in the way of upside could be associated to a...
I am at work so I am just laying my lines and levels for the day, I look for volume and price action along with indicators to gauge and judge my actions.
No comments, just watching. I think today is a "whatever the fudge happens" kind of day. Good luck all, I am watching these lines based on Volume, Price action and ATR Levels being respected.
No comments, just watching. I think today is a "whatever the fudge happens" kind of day. Good luck all, I am watching these lines based on Volume, Price action and ATR Levels being respected.
Keeping the descrip low key. Just submitting for the record.
QQQ ATR 6.11 has decreased over last week. Fear and Greed indicator is at 54, a little higher than the neutral that we ended the week on last week. Still alot of uncertainty in the world, foreign administration speaking today. 9:45 we got a couple market moving reports, Positive Impact (PMI > 50): Negative Impact (PMI < 50) for the past few months weve been...
SPY ATR 4.81 this has maintained this area and average for the last week. Fear and Greed indicator is at 54, a little higher than the neutral that we ended the week on last week. Still a lot of uncertainty in the world, foreign administration speaking today. 9:45 we got a couple market moving reports, Positive Impact (PMI > 50): Negative Impact (PMI < 50) for...
The ATR of the Q's continue to get larger, again this could and very well is a cause of the downside action, it still calculates into the ATR regardless. We got a clustering of price action below where we currently are something I am looking at for a bounce range. Lots of geopolitical news out this weekend and as usual the market is in FUD mode. And the CNN...
The ATR of the SPY continue to get larger, again this could and very well is a cause of the downside action, it still calculates into the ATR regardless. We got a clustering of price action below where we currently are something I am looking at for a bounce range. Bulls wanna protect 549.60 level Bears want to fall through 549 and drag this down to...