StonksSociety

StonksSociety

Continuing to grind higher from last week's breakout. Not interested in touching it until a zone is tapped. Sidelines for now.

StonksSociety

Will be watching this one more closely. We have been rangebound for awhile now. With contraction comes expansion, and I think we are close to a breakout to new highs.

StonksSociety

Absolutely no updates from last week. Still broken above the bull flag and looking for continuation higher into HTF supply. Puts equities ( NYSE:ES , SEED_ALEXDRAYM_SHORTINTEREST2:NQ ) at downside risk.

StonksSociety

Similarly to SEED_ALEXDRAYM_SHORTINTEREST2:NQ , I am looking for a push lower into my green demand zone. Possible for the rangebound scenario as well. One thing to note is that NYSE:ES pushed lower and was weaker relative to SEED_ALEXDRAYM_SHORTINTEREST2:NQ on Friday. Something to watch.

StonksSociety

Not much change from last week's view. Still expecting more downside into the next 1-2 weeks. Would love to see us move lower into my demand zone marked. I do have an alternate chart where instead of a large drop, we range bound instead.

StonksSociety

A very strong past couple weeks for crude oil. Would like to see a pullback into daily demand ~ $78 for a potential buying opportunity. I believe we eventually shoot for untested supply above ~ $84.

StonksSociety

Dollar has been trending higher every since breaking out of the daily bull flag. We have overhead resistance and an unfilled daily gap above. I would assume those act as a magnet, putting equities at potential risk for the time being.

StonksSociety

Same idea as $NQ. Last week's low at 19 must hold. Otherwise, we can see 1.5-2% retracement. Buy zone of interest below labelled as green box. Around $5392-5442.

StonksSociety

If last week's low of 914.25 breaks, possibility of 1.5-2.5% retrace. Large buy zone of interest (green box) around $300-500

StonksSociety

Pretty clean consolidation pattern here every since making a new ATH. Looking for price to retrace into my 3H demand zone (Green box) to buy around $2300.

StonksSociety

Since losing the 77 support level, we have flushed lower and rebounded. Holding where it needs to for now, but would still like to give this some time to develop. Messy price action and dont want to be caught in the middle of it. Will be interested if we can either reclaim 77, or price comes back down under 74. Otherwise, will be hands off this week on crude oil.

StonksSociety

Not much for me to do since the last update on Gold. From the initial breakout, we anticipated a new high would be created before a pullback to retest demand. Now that we are back lower, I would like to see gold start to form a base for a move back to highs potentially. Watching $2300.

StonksSociety

Similarly to ES, we have potential downside risk from TVC:DXY analysis. This is my main trading ticker so I will dive a bit deeper in this. From the May 31 low, I dont think we have put in a high yet. However, we may see some short term downside. Depending on how price structure looks, it will help confirm direction. However, this move looks constructive so far...

StonksSociety

With potential risk from TVC:DXY analysis, I would look for short setups and have a slight bias. We have liquidity at 5329 from last Friday news. Looking at supports around 5306.5 and 5298. If those break, it opens up 50+ points potential. More interested in buying the dips as we are still hovering around ATHs.

StonksSociety

Taking a look at the Daily chart, we have broken out of the bull flag pattern to the upside today. I would like to see continuation into Monday's trading session for this to be a true breakout. Noticing the upside risk, this will translate to me being cautious where indices ( NYSE:ES , SEED_ALEXDRAYM_SHORTINTEREST2:NQ ) could move lower. Important to note that...

StonksSociety

Last week, we rejected the daily gap zone @104.8 pretty strongly and created a new hourly gap now. As long as we hold this newly created zone, I expect equities to run higher. Watch 104.55 for a potential reversal. (buy signal on equities) Ultimately think we shoot for 104 before any real bounce occurs.

StonksSociety

Not too much to update here as we are still stuck in a range as expected. We got a new low last Wednesday with strong buyside reaction. Very trappy PA. This week, I would ideally like to see buyside liquidity @79.96 get taken and buy the retracement to catch a move higher. Area of interest below @77.85.

StonksSociety

Was expecting a dip, however we ripped out of the bull flag. New path of interest will be taking new highs before a buyable dip. That's where I will be interested in playing again.