3 days price ranging and making D - profile shapes. Today was initiation action of sellers to move market downside. First test rezistance around 2821 where support became rezistance and yesterday POC.
This video discusses how the market has been setup for a high probability of a melt-up. In a melt-up the market can jump 15-30% in the matter of weeks. Weeks ago I began positioning my trades for a melt-up scenario which pays off in days like today, but I think this thing could explode much higher. Today's price action sets us up for an opportunity to get long...
ES hit the fib retracement target region for a 5 wave and ABCD Elliott wave pattern. It is quite likely to continue back up before long. It recently had a series of low range days so is likely to have a range expansion which means a large upward trend day is in the cards. After trending upward, it is also likely to try to correct back down to the red median...
Because my trading can not catch up, please allow me to write it briefly. << tactics >> When judging that 2800.0 functioned as a resistance line, I will short. The first limit is on MPP (R1) The second limit is on WePP (S2) I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick...
Went back to the drawing boards and came across another individual's post which was my original inspiration for charting it out myself. I want to give him his rightful credit for this and plan on including him on this post. @Markrivest However, when I began to chart it out on the 4hr (I have a few different ideas on different timeframes and my 4hr wasn't quite...
You are about to watch a very potent ellipse setup at work. enjoy! Cheers, Keops
Based on a current VIX of 15 divided by the square root of 12 (months). This implies a 30 day SPX expected move of +/- 4.33% (1 standard deviation range). The market is pricing in a 68% probability the SPX will close within 2620-2860 by Aug 2. What are your thoughts on trading the expected move implied by the VIX or options market?
It was a story of five months ago when I made a move towards 2900.0. Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence. Daily I assume that this symbol is not considered an uptrend already. However, most recently it is likely to consider trading using a support line from Double Zero...
It was a story of five months ago when I made a move towards 2900.0. Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence. Daily I assume that this symbol is not considered an uptrend already. However, most recently it is likely to consider trading using a support line from Double Zero...
Today we got a great day, we went to the upside,a then we drop like a stone! While the tariff war stay in focus, we are looking for places to sell, so we are ready to take this to the downside! #futuresalerts #usbinaryopsignals #waltervera
VIX is moving above the 5-days moving average. Will we have more volatility in the coming days?
- End of the monthly cycle (23/26 bars); - End of the weekly bearish cycle (5/6 bars); - Potential hidden bullish divergence on RSI(5); - Potential hidden bullish divergence on StochRSI(14 14 3 3); - Daily harami bullish (similar to an inverted hammer); - Daily signature and weekly close confirmation on ex HCR (19/02/18); - Final Target 2.825/2.826 (monthly HCR).
One of the quicker, catch-you-on-the-wrong-side type of trades out there. Technicals look ripe for this scenario to play out. Red Line is "Unsustainable" Trend support. (Nothing like in January though) Blue Line is "Return to Mean" Trend support. Horizontal Black Line is "Middle-of-Range" support. Thick falling and horizontal black lines are prior descending...
Opposing forces and confluence. ...just fantastic trading with Forks! Don't forget to take my free course on my website. P!
Listen guys I don't say this often but I feel like there is a very high chance that indexes and stocks are about to do 3% up. Could be Tomorrow, could be Thursday, could be Friday. Could be after 3% down. Work your system and Buy That Dip with assurance that odds in life don't get any better than this. If you have any questions on my feelings here please PM....
The QQQ have been on a tear for about a week now. If you we're watching my analysis from 3-4 weeks ago you were aware of the inside bar setup that I was waiting for a bullish breakout of. Although we had a false break down on 5/23, price immediately recovered and the bullish breakout that I had been predicting did ensue. The price action on 5/23 produce a very...