There is currently no symmetry between indices. Order flow & market structure is clearly bullish, positively correlating with the dollar.
Continued bullishness on DXY. I will be interested in bullish sponsorship from the weekly bisi & previous week's high as the draw on liquidity in the form of a Tuesday Low of the Week or Classic Expansion Week. CPI/PPI week is manipulation week to me. CPI lands on Tuesday plus there is red folders news all week. Call me crazy but I think it will be an outside week.
I thought a possible bearish retracement for this quarter could be possible but bonds seems to be bullish. Bearish price action looks like runs on stops. Will continue to watch. As of now, I switch to neutral. My longer term mmbm idea seems to be playing out a lot more aggressively than I expected.
NQ has reached its HTF objective of ATH. Anticipating consolidation as NQ & YM wait for ES to run it's high.
Looks like ES wants its all time high! Bonds still appears bearish to me.
bullishness continues on dxy as anticipated. Looking for a midweek rally type of profile - bullish expansion in general. bullish sponsorship could come from daily OB. If we expand above weekly ob, weekly ob can provide bullish sponsorship.
Interested in bullish sponsorship from Daily OB expanding towards All Time Highs
NQ ended last week very bullish. I would interested in OTE setups this week. All time highs easily in the crosshairs. Of course this idea contradicts my DXY bias. So either one of my biases are wrong or the markets are decouple. Will have to observe & learn.
Bonds is continuously breaking daily lows. Would like to see a body close market structure shift lower for a clear sign of bearish shift.
Observing yields to see if we start breaking above swing highs. We have closed above daily highs & imbalances. No body closure market structure shift just yet.
Dollar has inverted Weekly Imbalances. Would be interested in bullish sponsorship from these inverted weekly arrays. My attention now goes to relatively equal highs above us. Would need to invert the monthly volume imbalance validate this idea. If I am wrong & DXY is bearish. I would like to trade below the weekly imbalances aggressively then use them for...
NQ also leaves me fairly neutral. I'd like to do business with market makers in the daily fvg & the daily breaker mean threshold. NQ is also in deep premium. IPDA is currently contradicting Bonds & Yields.
ES is also pretty consolidated but I favor sell side due to ES being in deep premium of 20/40/60 IPDA Data Range IPDA is currently contradicting Bonds & Yields.
Neutral on DXY for the most part. DXY is currently consolidating between nested Weekly & Monthly Arrays. I need more data to get a better read on it. With the news scheduled, I am anticipating a classic buy or sell week. I will be watching the Weekly Bearish OB for bearish sponsorship & the Weekly Bullish OB for bullish sponsorship.
Would like to see Daily 2022 Model playout & target 20 Day Look Back Lows. Anticipation consolidation Thursday Reversal Weekly Profile.
Bearish Quarterly Shift on ES. Will be observing order flow at OTE to confirm or deny. Daily closure above 2WH invalidates this idea.
Closure above Daily SIBI makes me interested in higher prices. I would like to observe order at previous week's high to confirm & deny this idea. I believe this is a Bullish Quarterly Shift. Anchored IPDA & Dynamic IPDA are aligned. However, I would like to see a up candle closure above up close candles on the left side of the curve for confirmation. Idea...
Looking for NQ to trade above the Weekly Bisi as a minimum expansion. I'm not confident in a expansion from 2 Standard Deviations to 4 all in one week. However, anything is possible.