Right now it looks like ETH is making a move to the lower part of the range. if volume is heavy and it breaks out it could cause a big move down to 1800. Around this area or lower I would buy incrementally in 0.25 to 0.50 bps and add to my exposure. im looking for a drop close to the LERR, big ivol premium and large volume.
CME_MINI:NQU2023 - PR High: 15351.00 - PR Low: 15341.25 - NZ Spread: 21.75 Expected heavy volume at session open - Traders anxious to get back after long weekend - Ranging into London session, inside NZ - Front running pivot high from June 16 Fed kicking off the short week 14:00 – FOMC Meeting Minutes Evening Stats (As of 12:05 AM) - Weekend Gap: +0.09%...
Mean Variance Skewness Kurtosis Historic vs Implied vol. `marktStructure Breaks, orderblocks
CME_MINI:NQU2023 - PR High: 15362.50 - PR Low: 15328.00 - NZ Spread: 76.75 Early Close at 12:15 CST Evening Stats (As of 1:05 AM) - Weekend Gap: +0.09% (open < 15318) - Session Open ATR: 231.30 - Volume: 21K - Open Int: 246K - Trend Grade: Neutral - From ATH: -8.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15533 - Mid: 15247 -...
BTC remains to be stuck at the 30-31k resistance zone, where it has been stuck now for almost 2 weeks. The Bollinger Bands are also tightening, so it appears everyone is waiting for a news event strong enough to kick the price in either direction. The BTC ETF hype gave some temporary momentum, but without more concrete evidence that one will get approved, it...
CME_MINI:NQU2023 - PR High: 15111.50 - PR Low: 15098.75 - NZ Spread: 28.75 08:30 – Core PCE Price Index Last trading day of the month - U.S. Holiday next week Maintaining Wednesday's range - low NZ spread on relatively normal volume Evening Stats (As of 1:15 AM) - Weekend Gap: N/A - Session Open ATR: 228.86 - Volume: 20K - Open Int: 248K - Trend Grade:...
This is nothing new, really. People who have been in markets long enough know that when short term bond yields (3 month and 2 year, for example) come up to meet and invert to a higher yield than longer term bonds (like the 10 year, 30 year etc) that it often precedes a large market sell off as well as a recession that affects most everyone, not just stock...
CME_MINI:NQU2023 - PR High: 15184.75 - PR Low: 15155.25 - NZ Spread: 66.0 Economic Events: 02:30 – Fed Chair Powell Speaks 08:30 – GDP - Initial Jobless Claims 10:00 – Pending Home Sales Evening Stats (As of 12:35 AM) - Weekend Gap: N/A - Session Open ATR: 233.68 - Volume: 19K - Open Int: 251K - Trend Grade: Neutral - From ATH: -9.4% (Rounded) Key Levels...
EURUSD: On daily profile EURUSD looks week/Bearish. Recently we see a daily candle up because we have unfulfilled Fair value gap above so it was successfully filled and price got a rejection from there. So we have a strong probability to short on EURUSD pair. My targets would be marked on my chart. Better to not rush but go through the process and look for short...
We should be expecting a larger move coming up. Right now ETH is just stable and ranging. The longer it does this, the bigger the move we can expect. Volatility Premium has not moved much but keeps fluctuating between barely premium and discount. when the market state changed to slippy, we broke out of the range a bit but eventually buyers stepped in and brought...
NVDA turned down today while SOXS rose a bit. On the 30 minute chart is shown to have have been trending down but then reversed in the after-hours trading period albeit with the low volumes typical of after-hours. The relative volatility indicator however showed a dramatic reversal and will be beyond the moving average within the indicator. Overall, I see...
CME_MINI:NQU2023 - PR High: 15092.75 - PR Low: 15052.00 - NZ Spread: 91.25 Powell at RTH Open 09:30 – Fed Chair Powell Speaks 10:30 – Crude Oil Inventories Strong inventory response off Monday's low - Complete retrace of Monday's range - Currently ranging about 40% from Tuesday's high - Wide NZ spread Evening Stats (As of 12:05 AM) - Weekend Gap: N/A -...
BOIL the 3x Leveraged ETF of natural gas futures has been highly volatile. Volatility yields high profits if there are good entries and trade management. This past Friday BOIL was doing a reverse split ( 20 shares become one) which I considered to be an opportunity for high profit because a higher number of traders would have eyes on the chart. The 15-minute...
CME_MINI:NQU2023 - PR High: 14883.00 - PR Low: 14862.50 - NZ Spread: 46.0 Prev week's low broken - Inventory of PR-Low Economic Events 08:00 – Building Permits 08:30 – Core Durable Goods Orders 10:00 – CB Consumer Confidence - New Home Sales Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Session Open ATR: 234.85 - Volume: 22K - Open Int: 252K - Trend...
ETH has changed market conditions from a sticky market to a slippy market. Implied volatility shifted from a discount to a premium. At these levels it doesnt mean much unless we drop to the lower end of the expected move range. Volume could give another clue if it comes in today at the lower range.
CME_MINI:NQU2023 - PR High: 15100.00 - PR Low: 15054.00 - NZ Spread: 103.0 NO SIGNIFICANT EVENTS Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Open ATR: 233.34 - Volume: 24K - Open Int: 249K - Trend Grade: Neutral - From ATH: -9.9% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15533 - Mid: 15247 - Short: 14675 Keep in...
Currently ETH implied volatility vs realized volatility is showing a discount, barely. We are in a sticky market because options traders are long volatility and buy and sell the edges to adjust their deltas. If Im bullish ETH, I would be waiting for three things, 1. a move down to the lower end of the expected move range, 2. a volatility premium and 3. above...
Bearish trend will continue on Gold. The price set a new lower low violating the previous one. Technical indicators are also bearish. Goal for sellers now - 1903 Please, like my post!