#ndx today — yesterday, i said anything past 15370 belongs to the bulls. but i guess there weren’t strong enough. the bulls got denied entry past the 370 as we still has angry bears in the area. these bulls might need more demand @ 15185/120-063 before a rally. chart study
#ndx today — before i dive in, let me let out a huge “sigh”. anyways, “them #pullbacks” are back. the 15288/185 at the ego contest fight. but a new formed R/S was seen at 15116 which might just be the confirmation. just here to tell yah anything past 15370 is for them bulls.
The VXN has not Filled the GAP Below, it will. No rush for it to do so as it's Friday and with minimal Coupon Support... Participation is required to attract as many Dippers a Possible. They remain in the 18K or Bust Camp. That is indeed coming, but not before 14, and then 13K are tested. VXN - the GUIDE for Price.
#ndx today — the month of september gave a #bearish opening. the daily however, gives us a graphical representation of what to expect before october comes calling. the monthly bears created a double top on the daily and if you know #nasdaq100 don’t joke with those tops and bottoms especially if they come with pulls (humbly a pullback trader as well ). the pull...
2 days ago I said to go long and now I'm aceing. I see the same continuation of this, for 2 reasons: 1. News are throwing bearish news still which should trap/fuel the rise more against the shorts 2. The same pattern (Psychological social talks) is the same, meaning the same 'tricks' and/or games that the same people/news have done is being reused. I see this...
They want the Gap Fill above, but have a larger Fill below. With no Coup's to assist, it will be challenging. The UTL within the Wedge was rejected. Trading to the 50SMA Cash today with hopes for the 21SMA. All ears on a desperate Echo from Jerome.
The VIX broke its .500 by 2 Ticks to pull back towards its 22.25 Support Level. VXN, no different, the pullback towards its Support from the Measure move of the GAP to the Highs. The indices will complete their retracement measured moves ahead of the FOMC tomorrow, entirely normal after yesterday's extremely large Volume Sells. We anticipated a Retracement...
All eyes on the range, ask yourself... Is the Price action supportive of a strong move higher or lower. The answer is yours to own. We see AAPL correcting 15 - 22% from the Highs. We will continue to Wedge out for the Break into the FOMC today. Media and Woods suggesting this is a Buy. AARK picked up more HOOD... lower prices assured.
As the VXN and VIX pulled back, the NQ had high hopes of keeping it together but was met with Selling at the Objective from the Draw on this morning's Chart for NQ. 173... Sold into to. Dippers, full of hope for New ATHs are simply too new to trading to appreciate the enormity of the Market Structure or Garden Variety Degenerate Gamblers. Either way, it's the...
NQ completed a 9/9 Structure as the ROC's made new lows. Attempting a ZERO Line Push on the ROC's will be a difficult task but can Trade. There is no sense in Gunslinging here. Simply remain patient as Micro retracements take time to resolve over repeating Level consolidations. Time is our Amigo, Ranges will continue to expand after this RT and...
S&P will be green this week and here's why. I have been looking for when this dip has formed and I found it on the last hour. Market waited to the very end before revealing the start of the retrace. Finishing the day higher than what it was trading mid day. I envision lots of shorts jumped in and market has them trapped for a re-trend back to the bullish wave....
The VXN will begin to provide Counter Trend Micros. Semiconductors were wrecked today. AMAT MU AVGO TXN INTC QCOM ASML NVDA TSM All down from 1.25% to 4.70% The SMH remains in a SELL to lower Objectives. The VXN has a very large Daily Gap...
We need a weekly chart perspective on days like this. Looking at this weekly chart for 1 year of the QQQ we are still above the Lower Support level which is at about $360. A conclusion of this pullback could easily take us to the $360 level before this week is out.
Weekly timeframe on TSLA looks great for continued longs. Unless we break orange trend then we should continue on up to 1.1k/share. Bullish on TSLA over 765 to 820 R Short on TSLA below 753 to 730 S
The ES MONTHLY Range is enormous, we see 1/5 ending @ 3588, 2/5 Ranged for less than 2 months prior to lifting off unimpeded for 7 Months. Month 8 did make a new high, although the 26 year probability of it holding and closing over is a low probability event as we indicated in early August. Many trading Paradigms have been tested and rejected within the Shorter...
NQ1! NAS100USD NQ1! NASDAQ 2021 Sep 20 Week Last week, the 2BR in weekly time frame exerted its influence and marked closed down for the week. Short opportunities were profitable. Weekly / Daily = High volume down bar closing off low = some support H4: UHV bar's spread was narrow than preceding bar, means some support has came in. Strategy for Short: (Test...
Where to begin as there are far too many Data Points within the Macros. Consumer Senitment dropped sharply last month. This is always a precedent to Downturns, it closed @ 71 for the Month of August. 86/100 years Price has tested the 200SMA 8 Monthly Bull Bars, very low proabability. 9 Monthly Bull Bars, extremely low probability as this has not occured in 60...
Consecutive Weekly Bars were 4 Ticks apart, the 2nd being the lower of the two for September... a Higher High for the ES, by a 7.5 handles. Tomorrow is "triple witching" and we should anticipate volatility resulting from the expiration dates of the three financing instruments - stock options, stock index futures and stock index options all expire...