Frankly this is all we need to watch, the VIX has consistently been Bid into Settlement only to fall back to LT Support. Will we retest the Highs or come up short and continue the Institutional SELLs. ES - 4451.50 is the Support Level for ES / 3493 - 3498 - 3509 - 3512 - 3521 YM - 34527 Pivot / 34994 Objective NQ - 15388 Pivot for higher and Micro Support We...
There is simply far too much Selling into any move up during High Participation TimeFrames. Chopping within these ranges are clearly Distirbution Patterns which prove to contain Price. We see this in the 2/9 move to 300 and then wild swings as the Algos are attempting to compete, there are two timeframes they are attached too. There is an intense variable over...
SPY... bounce to the bullish wave. It's about to start again. Same ol same every dip has been bought and market bounces. Great buying before the wave turns greem. I see attempt to ATH coming soon and most likely will break as per usual. Feel free to look at my history, I have nailed almost 90%+ of all my Ideas shared on TV. Feel free to also follow to see when...
The NQ one hour time frame is in a short term down trend. The market has hit a future support area were the buyers could take control. It will be a good idea to wait for the market to break and close above the short term down trend line before looking for buying ideas. Entry: counter trend line break bullish in the buy zone. STOP: 15220.75 LIMIT:...
I sold Russell at 2248. The markets look real weak, more than I see in just a few years. My friend HK_L61 has real good material on her page. check it out. So smart and has so much information. My opinion, if RTY and more specific M2KZ2021 break below 2213-2215 then markets headed for real big problems. And big profit for me. Of course use good risk management...
Today will determine as to whether this SELL takes a breather and provides a large retracement for the ES YM RTY and NQ OR Continues Buyers are on Strike, Sellers need to be the new Buyers. VIX Settlement is today - Price has a Gap to Fill Below. We will be waiting for the Range within the Micros and larger Daily Timeframes to resolve prior to...
Intra-Day setups remain our only trades as the VIX completes Settlement Tomorrow. Puts are again becoming attractive as this weeks Gamma Squeeze is beginning to become extended. AAPL -150 CALLS * Apple claims they will be unaffected by Semi Shortages TSLA - 750 Calls AMC - 56...
Buy the DIp is dead for now. This should be obvious to the learned. 225s now open AAPL the LEADER
AAPL: Waiting to see if aapl goes down more PM or MO. ~Rumor has it aapl is announcing iphone 13 next week. Buy the rumor sell the news. ~If price action continues to fall, we have support at 146.95-147.70. ~A crucial point to watch if price continues to plummet is 146. This is a major support line since August 2020 (peep the highlighted parallel uptrend)
AMAT (swing): (In the process of filling the gap on the down) ~Watch the support zone 135.40-136.50 for a bounce to PT1: 138 / PT2: 140 / PT3: 144 ~Monday may see a dip to 133-ish area, if support doesn't hold. I would buy calls at 133. (Price likely will recover 2 bucks after the pullback) ~We are still trading in a missive looking wedge and probably will be for...
EPS Warning Season approaches as we enter the 3rd Week of September. Institutions know it will be dismal. We have hit 2/9 within the NQ Decline Structure as can be seen in the Daily. 14060 opens up @ the 50 SMA, the NQ has been the last Index to begin the move to the lower boundary. It should be exceeded into October and begin to move to the 100SMA and on to...
NQ is the last to break. It's Friday. The FED is providing $8.34 Billion in Coupon Purchases. 1/4 to 1/2 Size today. We will be watching until 10AM EST, to see IF there is support of any kind. Selling pressure yesterday was significant, but again... it's Friday. Commentary from 2 prior Sessions does not change. Have a good weekend - HK
I don't know if it is a good idea to post short ideas anymore. perhaps some printer algo scans short ideas to get you trapped, but this might finally give the expected discount. A flat move is still possible. Flat to bearish
The break of 612s will be an issue, it further illustrates the Lower High and Lower lows ahead. It is unraveling slowly, but will pick up momentum as the VXN and VVIX defended Lows. An important Juncture for TECH. Wall Street knows warnings are dead ahead. BIG TUNA - Apple cooked itself while being reeled in... No closing of positions as EU Session CLOSES -...
The unwind in Tech - slower than the ES/YM. Typical, as the NQ volatility increases and we move into EPS lower guidance and warnings (growing increasingly abundant) the Big Tuna aka AAPL remains the guarded Instrument. 157.50 Calls continue to print, in excess 1 Million, so they will game it for all its worth as the ABCs of the widely held continue to...
The latest decline should only be of temporary nature. We stick to our prediction that the Nasdaq will increase again soon. In total, we expect the course to rise to regions around 15941 points. There, a correction should pull the course below 15517 points. Don’t panic!
The NQ daily time frame is in an up trend. The market is making higher highs and higher lows. The market is showing signs of extending bullish towards the monthly up Fibonacci price point 16072.25 about +1,600 ticks away. The market is a little high which means there is a chance the market could pull back and form a low price before pushing bullish again. It...
nasdaq is showing a lot of weakness in the price action it gave us over the weekend. Not sure if markets will use this as a fatal flaw to take it lower or will see it as like "who really cares because it was a stock market holiday and there was low volume. So far price is responding to some areas of previous buyer activity, but the following move is not taking...