As of right now I would say the triangle pattern certainly is the prevailing pattern thesis. A triangle pattern is one that neither gives bulls nor bears much hope or despair as it tugs at both camps because its range bound. For this trader, I would classify myself as bearish on the overall market, however that does not preclude me from getting long for profit. As...
If this is an Inverse Head and Shoulders chart pattern, 4200 is the target. What we need to see is the price get above the recent POC. Blood is in the streets. The Fed needs to get some new expectations out and deliver some news that comforts the market. Or this is their way of creating financial turmoil that gets job losses that crushes the demand. You choose...
SPY - We were spot on with our analysis going into today's session. Last night I mentioned that we had a strong close on the daily and weekly and that I wanted to see us push higher. We also stayed within a 1% range today as I had also hoped to see (.71% range total today). Didn't quite get the movement we were hoping for (Inside Day), but we still were accurate...
CME_MINI:ESM2023 Here are the price targets based on bullish and bearish price actions.
On S&P 500 is nice to see strong buying reaction from the price 4118 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Strong volume area + Uptrend is my mainly...
ES now at pivotal area, 50% retracement of the down move at $4201.75. Staying neutral while paying attention to internals, news and data releases I believe will be just as critical as ever when attempting to risk in these markets. Strong candle formed buying all previous quarters selling from highs, so I do think there's potential for continuation to the upside.
Risk on is back and SPX will be climbing in my view
Beautiful setup today and was able to catch a nice price swing. Here was once again my thinking for today and my reasoning for entry: Factors for trade: Big London/Asian Session or Afterhours-Premarket run up. Swept liquidity(high of day, premarket high) bearish news
Decision making time again~ watching closely these 2 days Here are my POC targets on the weekly shown
Weird day today with NYSE VOLD up all day while NASDAQ VOLDQ down all day. Clearly shown by the big range indecision movements. Key level to watch for a potentially huge bull run - $4011 area, a breakout could trigger a significant bull run and catch shorts off-guard Any thoughts? $SPY $SPX $ES $QQQ $NAS $NQ
As of yesterdays close my entire 401k which is reasonably substantial was shifted to a 4% Money Market Account. This will come as no surprise to my members (nor my followers on Trading View) that I’m not particularly bullish. From a planning standpoint I’m more comfortable with 4% and NO capital at risk than being exposed to the US Market. Maybe I’m early in...
Please see attached videos for daily targets. =========================================== 03/27 Weekly Plan. ES Futures March Weekly Pivot is 3,990 Targets 1. 4,038 2. 4,080 3. 4,130 Targets 1. 3,950 2. 3,890 3. 3,835 Now trading at 4,026 Alerts You will receive alerts in this channel every time ES hits (2M candle close): 1. Weekly opening 4,008 2....
Gimme gimme .. haven't posted on Tradingview in a while so now want to give heads up go long TLT very soon with dated calls or shares. possibly even 103 lvl
Are you following my research yet? Last weekend, I published a YouTube video suggesting the NASDAQ/TECH were poised for a 15~20% rally - driving the SPY 7 to 9% higher. Now, my SPY Cycle Patterns called today as a Pullback and tomorrow as a Momentum Rally. Get ready for a massive SHORT-SQUEEZE over the next few weeks. April will start off with the Nasdaq/SPY...
Sell: 4010 or higher Stop: 4035 Notes : second sell attempt based on the model The model: The Ingenuity Trading Model is a Geometric Markov Model with specific inputs related to Price, Time, Volume , and Volatility. The model attempts to predict local minimums and maximums in price on a daily and weekly basis. A fancy way of saying a trading system that...
S&P500 Hello traders, welcome back to another market breakdown. In this video I share my opinion on the current situation with the stock market. Plus, a lot of tips have been shared that you might want to add them to your trading skills. Trade safely. Trader Leo.
Observational at this point... "Prepare for the Unexpected" fits this thesis. Are we breaking out to the upside? Time and price are ripe for a move out of this 5 month long pattern I am labeling the "a & b" of a higher order "B" leg with the "c" leg up to follow. Notice the price pattern in the two white boxes...see how they touched the channel line, backed...
What is the near/longer term direction of the market? Here's my take I believe we are and will be in a "trader's market for the foreseeable future. This can be an excellent environment to make make in provided you manage risk by picking your entries judiciously. From an Elliot wave perspective I think we are at an important fib level in the context of the...