failure to break AM BSL(205) then look for NY LUNCH SSL to be taken out
took short until pm ssl, look for bulls to take out london BSL, failure to take out london bsl and once asia range forms asia BSL then expect a move towards NY lnch SSL, AM SSL, PM SSL. looking for the move down between 12-3 est, could come before. shorts under ny ssl looks very valid.
let Asia BSL form if failure to go hihger look for AM SSL, thesis is short but need to see how price acts up here. daily we swept past ATh creating a new one looking for a top over the next couple of days not saying top top but some sort of pullback
looking oil long to take out Asia BSL possible, failure to hold above 67.33 but also looking for ny lunch to hold if the move up continues. Under previous day close then this looks a lot more bearish. As of now PM buyside has been swept and is holding, 2 time we are testing it after the ential break of it. this is looking like it wants to come down and test pdc...
thesis is long, invalidated if unable to hold above pdc at 2755. AM BSL taken out already this afternoon. Gap as been filled from yesterday. 2757.6 will be the telltale if we want to continue to push towards 2760, and London BSL toward all time high. If AM BSL is unable to hold then look to short toward AM SSL AND ASIA SSL. Daily was able to defend 10/25 lows...
ideally we low of day so far at 67.79, we dont have to but gives me more confidence in thesis, take out of Asia SSL create a higher low and make way towards gap fill with London SSL, Ny Lunch SSL and PM SSL, AM BSL to be taken out for the gap to be filled.
nq gapped up, looking for buyside to be swept in overnight session possibly creating all time high. Either we hold up above and continue or head back down towards the gap after we sweep
nq gapped up, looking for buyside to be swept in overnight session possibly creating all time high. Either we hold up above and continue or head back down towards the gap after we sweep
Failure to hold NEW YORK SELL SIDE expect to come back down towards PM sellside, possible lower
COIN has already hit its all-time low a couple weeks ago, there is a gap fill from Pre market of the 28th, I expect that to fill but not right away. If we hold above YC then I want to see us test yesterdays high. If we can hold above yesterdays high then my targets would be 36.73, 38.03, 39.31. If it doesnt hold yesterday's high could potenital play puts from YH...
130 is a huge psych level for apple, it has been sitting around this number for the past week or so. If apple can hold above 130 then id be looking for 130.33, 131.50, and 132 to the upside. thats if its a trend day and we dont just chop around. If sellers are in control then I would like to see AAPL hold Below YL at 127.55, next targets would be 126.64 , 126.10,...
Daily is looking like a bearish flag, but I wouldn't be surprised if we see some green before we sell off. I personally believe that 2023 is going to be a very red year. If QQQ holds over YH then the prices I would be looking for are PMH(266.91), 267.50 and 268.25. If it doesn't hold YH then I would be looking at 264 to hold. Maybe looking at taking puts from YH...
Chop fest friday for the last trading day of the year. I have no idea what to expect for Tuesday. Personally, I am bearish but I dont think the market gives a shit what I think will happen, whatever happens happens its randomness at its finest. If we can hold above yesterdays high of 382.41, then I'll be looking for price to first hold above 383.20. If 383.20...
SPY is showing a double bottom on the 15minute. If it can test YL and hold below, then I will look for 380, 379.33, and 378.5, and 377.3, I am not looking to take anything in between YH and YL to me its too much chop, unless there is a strong reversal of one or the other I would like to play it. If it test YH and holds then I would look for 383.55, 384.60, and...
TSLA is a falling knife, be careful playing it this week with low volume and it being the end of the year, its either we see some relief and have a green day or continue to shit the bed, anything can happen so be ready for the move trade safe
If SPY goes below yesterday lows of 378.36 then Ill be looking to short the market, first range is 377.225, then 376.15, my stop loss would be around 378.98-379.22 depending on how tight a stop loss I want. If we break above 381.87, I will consider longing the market, first target zone would be 382.66, then 383.83. I expect chop tomorrow, if we can catch a move...
Matic is looking pretty heavy here, I expect I pull back to the .7811 level before breaking through this supply zone, you can see where I have the trend lines is in a Lower lower, Lower high pattern, if it continues then we break below .7688
A lot of stocks seem to be sitting in a supply/demand zone right now. If apple continues to fall im not bearish until we break out of this range and break below YL of 134.05. If apple decides to consolidate and start climbing again then I would need it to first break above135.40 then YH of 137.39, to potential see a push to 138. Worse case we chop between this...