Alright, y’all. We are dangling, unsupported underneath the 200DMA and that Bear Gap. I am trading cautiously today because inflation data days I tend to make a lot of mistakes. 35EMA - this level is a BEAST. We were unable to get above it yesterday. Trace it back 3 weeks and you’ll see it’s been there every time to push us back lower. I will be looking...
That 35EMA LOL. DIA being a leading indicator of market strength is flashing a warning signal here. If we don’t take it back above the 200DMA that will kill the momentum of the long bull run and we will go back down to the 200WMA. I want that as we are long overdue for a correction but I also want to be careful to read the signals and not my bias. Let’s...
AMEX:IWM - Trading Levels for March 13 2025 We are holding the 198 support but also seeing resistance at the 35EMA. That’s a tough level. The top of the trading range has a bear gap waiting. I’m going to be looking to the outer spreads here - so 206/207 and 196/195 Don't forget to grab this chart & See y’all in the morning
NASDAQ:QQQ - Trading Levels for March 13 2025 Alright, y’all. We are dangling, unsupported underneath the 200DMA and that Bear Gap. The 200DMA is above the trading range, just under that the bear gap protecting it. I am trading cautiously today because inflation data days I tend to make a lot of mistakes. 35EMA - this level is a BEAST. We were unable to get...
Alright, y’all. We are dangling, unsupported underneath the 200DMA and that Bear Gap. I am trading cautiously today because inflation data days I tend to make a lot of mistakes. 35EMA - this level is a BEAST. We were unable to get above it yesterday. Trace it back 3 weeks and you’ll see it’s been there every time to push us back lower. I will be looking...
Our trading range today here is completely underneath the Weekly 35EMA. That is big. You know what happens when we close under that on the week, right 🫣 Ok I'm being a little dramatic but still - watch for a cross up on the indicator, looks like it could be a little divergent to give us a swing up today. maybe to the 200DMA
30min 35EMA still holding as resistance - 198 support. 196 bottom of the implied move, and a bear gap above. Wow I really did that in no particular order, huh? GL, y’all - I put an iron condor on this 194/196/206/207 at 1.97
30min 35EMA IS the level to watch. Looks like QQQ is trying to find support there. I did just sell 482/487 bear call spreads - that is a 5 dollar wide spread. Bear gap at the top of the trading range. If you’re thinking of that spread let me suggest 1.75 as the first entry - then 2.25 if we keep moving up.
30min 35EMA IS the level to watch. That level is a BEAST!!! It needs to be on your chart. I sold 5665/5695 at open and I have orders to add if we pop up but so far we are getting pushed down at the 35EMA GL today, y’all
30min 35EMA attack right at open. That level is a BEAST!!! It needs to be on your chart. 566/568 Bear call spreads if we pop up, order in at .90
So we are AT the 200DMA, and under it. So if we continue this momentum down and it becomes resistance than the next support is at 400. Ok with that out of the way, today’s trading range is between 409 and 431 based on Fridays contract. That is UNDER the weekly trading range with that low of 418 We still have some upward momentum on the 200DMA which makes...
We do have a support in today’s trading range at 198. Double tested and I’ll do a bigger timeframe chart soon. The only other level is the 35EMA on the 30min timeframe - and it has been a BEAST — look at all those red arrows 🫣
Not the prettiest setup is you’re a bull. We are DANGLING - unsupported underneath the 200 Day Moving Average, with a big Bear Gap Guarding it. Next support, under today’s trading range of course - 448 Looks fun, y’all - let’s goooo
Not the prettiest setup is you’re a bull. We are DANGLING - unsupported underneath the 200 Day Moving Average. Next support - 5400
Not the prettiest setup is you’re a bull. We are DANGLING - unsupported underneath the 200 Day Moving Average. Next support - 540 Trade carefully, y'all.
$BTC.X Analysis, Key Levels & Targets Weekly View 5 year average volatility. Oh man I miss doing these 5 year Vol readings but now with the DOW going bearish we need to get serious. The top is in here for now.
Y’all doing ok after this pullback down to the 200DMA? Now the question… do we hold this level. 200 Day Moving Average right in the middle today. Weekly 35EMA right above just underneath yesterday’s bear gap. Top of the implied move on the day is 5840 and 5865 on Mondays contract. Then if we break the 200DMA then the bottom of the implied move is 5635...
That Weekly 35EMA is in focus and it’s a big level and it’s going right through the center of the trading range. I’m expecting a fight here to hold this level, even if for a technical bounce. If there’s no technical bounce here than things are worse than we think. Let’s goooooo!!!