putcall

putcall

SPY is still an inside month, with a bearish candle. More down side is likely. Using Strat Radar, we get an X-Ray view of what algos are doing with price action on different time frames. On the weekly chart, price retraced to a previous bearish order block, then presented a 2 up + 2 down reversal opportunity, it played out nicely. On Thursday, SPY daily chart...

putcall Updated 

AAPL took out some buy side liquidity and just broke market structure in lower time frame, hence it is likely to go lower in near term. Due to relatively clean equal highs or "resistance" zones, there is still possibility for AAPL to dash into upper zone, before going down. Let the market show its hand. Full Time Frame Continuity to the down side, using...

putcall

Apple has taken out highs of last two weeks, with no signs of reversal at previous supply area. This invalidates previous idea of a possible reversal at supply zone. It looks likely that AAPL will grab liquidity above recent prior swing high. Once it meets the blue zone area, there is still good probability for a reversal, as smart money has taken liquidity and...

putcall

From the Strat Radar, we can observe the following: Monthly 2u-2u-3 with a down candle Weekly 2d-2d-2d, down trend Daily 2u-1-2u. So a likely scenario is: market run out buy side liquidity above weekly high two weeks ago, then meet overhead supply and reverse, joining YQM bearish continuity. This is not investment advice, just pure chart study.