Every single BSL has been hit, except for 1 and our ATH... Let's see how we react from FOMC tomorrow! Chart: www.tradingview.com
Link to chart:https://www.tradingview.com/chart/vYaceW5a/?symbol=CME_MINI%3ANQ1%21 As noted from yesterday's post, 4HR supply above near 4/5POC held strong as resistance.. Looking for a push lower coming into 5/8. Bears target is the 5/7 VAH where the 1HR demand level sits and pivot However, with strong enough momentum a squeeze to 18144-130 looks good where...
Link to chart: www.tradingview.com Incorporating volume profiles from multiple TF (session vol. profile) to find previous day's VAH/VAL/POC and how we can potentially react off of them. With S/D zones, it can show as support/resistance for certain levels and aligning pivot points as 3rd confluence for potential influence of strong priced levels. Still working in...
Chart link: www.tradingview.com Love the strong push into overnight session, as we are now sitting in a 1HR Supply. I am keen to see this break to either pivot point R2 (bullish) or R1 (bearish). If we can keep struggling in this zone, I want to see a pull down to retrace the huge drop we faced prior to earnings. There is a long wick off support so the pressure...
Hitting uncharted territory is scary as we don't know the ceiling of this train. Idea: push into ATHs (pink line) for a stretch into R1 920s area. If flow and momentum is bulls strong, pullback into 890s and then continue higher. If bears strong, push into 890s for consolidation, before move into lower demand 30m/1hr zone 812s. First day back into charting after...
Link to chart: www.tradingview.com Lots of HTF (higher time frame) zones to look out for. Strong bullish move from 14000s to 15000 in a few days. News events this week are potentially moving the market AND hitting a key support zone within the last week. If we can push in the upper 4hr supply above 15040 or so, it would be nice to break out of the 4HR...
Link to chart: www.tradingview.com Last week, our EOW targets were easily and beautifully hit. Great work team! Crazy bull run that I was expecting to fill later this week, but it has done just that. We pushed close to our 3HR supply, and with this insane volatile news week, looking for this push into this area for either rejection or continuation. With war,...
Link to chart: www.tradingview.com Sideways action staying above the blue trendline created from a few weeks ago of hitting a recent support level. There are major news events to end the week and with rumors of a GOVT shutdown, I am expecting a huge squeeze towards end of the week. My area of watch is 14850s to 14820s. BULLS: Maintain over 14850, a possible...
Link to chart: www.tradingview.com Heavy news this upcoming week and the rollover for Futures contracts on 9/13. CPI falls on 9/13 as well, so prepare your charts accordingly! Given the rate we are at for inflation and the housing market supply/demand, I am preparing for either a push to break this wall of resistance we have been facing the past few weeks (pink...
Link to Chart: www.tradingview.com Ending the week bearish. Michael Burry secured a solid gain from his Put contracts haha! Looking at the chart from higher timeframes, you can see we are possibly reaching levels of support soon. However, I anticipate if we have bad news to come we can easily break through support as we had done this past week. Previous strong...
Link to chart: www.tradingview.com Looking at the higher timeframe, we hit a ceiling of multiple rejections to the upside. On the /ES, we tapped into the 2022 highest resistance and we were immediately shut out. Coming into this week, we do have important news that can rampage the numbers and volatility. I am not planning to trade much but I wanted to share the...
Link to chart: www.tradingview.com I felt compelled to share this as we are starting to enter a previous 2022 resistance level. It looks like we have the bulls to move up higher before we hit this bears territory. Nonetheless, we will stay patient to let the charts and price action determine how we will execute. I am using ES as a confluence/indicator for when...
Hello everyone! Huge news week ahead! Trying out a new theme style for my charts and candles. Going to trial this for a few days-week to see if it is more appealing and easier to read as I trade. Going into NY session, I am keeping open to this break above the trend line for a possible descending triangle. I would like to use the bottom demand zones as a pop up...
Link to chart: www.tradingview.com Insane move after CPI! We are hitting a strong Daily supply zone. I am looking forward to a break through it as we continue to the 1HR R2 Pivot Target at 15562. For bears, maybe in the next week or 2 we can have a full retracement of the CPI move down to 15310. Zooming out on the 4HR chart, we had the break out the downtrend,...
Link to chart: www.tradingview.com After a low volume start of the week, we are running into news from 7/5-7/7. I am expecting to see some volatility due to the news releases we have this week and the start of July. We are currently sitting between zones on every timeframe, but most importantly, we did break out of the 4HR downtrend from June 16th. We are sitting...
We are in an interesting place on the 1HR timeframe. We can see a large range after breaking from the bullflag/cup and handle pattern; the area we are fluctuating between is 15200ish to 15020ish. Heading into July 4 weekend, so it is the last full trading day with volume. As we have short days for the holiday, the real next trading session with full volume is 7/5...
We broke from our bull flag/cup and handle on the 4HR timeframe. Looking for a possible continuation into 15268-15300 zone as BULLS target. We had our pull back this morning during NY session to retest the flag breakout. If we do another retest and back into the downtrend, BEARS target is 14925-14970 gap. Powell speech is on at 2:30am EST 6/29. This may help with...
Solid trending day on 6/27, where a new cup and handle is formed on the 4HR timeframe and we attempted to break out of the 4HR downtrend created on 6/16. Especially with Powell speaking the rest of the week, looking forward to seeing what can pan out.