NKLA has had an interesting week as it sought to have shareholders vote for a dilution to raise the cash necessary to grow its business. The former CEO now convicted and awaiting sentencing as a major shareholder led the opposition and the vote for a dilution failed. Seemingly, NKLA will now seek capital through some other means. Earlier, it was awarded a...
CME_MINI:NQU2023 - PR High: 15211.50 - PR Low: 15211.50 - NZ Spread: 38.75 Big open interest jump Discount brokers adjust margin req.: 08:30 – Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate 50% intraday retracement off RTH inventory - Holding daily range, half-back Evening Stats (As of 1:35 AM) - Weekend Gap: +0.09% (closed) - Session Open...
On the 30 minute chart, MULN has pulled back from a brief uptrend. I see things suitable for an entry. I have added to the chart, the anchored VWAP lines serving as dynamic support and resistance. The mean VWAP will be my designated stop loss while lines one and two standard deviations above that are the first and second targets. Overall, the long...
Yesterday there was a move down to the lower range around 1890. But will the push lower continue today? If it does and my downside probability becomes smaller than my upside probability than I will add incrementally. The change in the TERR from yesterday to today was bigger than the LERR which gives me more confidence to buy at the lower end of my volatility range.
I shorted EURNZD. It is a trend-following trade that is confirmed by a bearish breakout of key support. Entry - 1.755 Stop - 1.7633 Target - 1.742 Good luck, guys!
CME_MINI:NQU2023 - PR High: 15360.75 - PR Low: 15350.00 - NZ Spread: 24.25 Economic Events: 08:15 – ADP Nonfarm Employment Change 08:30 – Initial Jobless Claims 09:45 – Services PMI 10:00 – ISM Non-Manufacturing PMI JOLTs Job Openings 11:00 – Crude Oil Inventories Strong inventory run during Asian hours - Tapped bear zone moon - Maintaining daily...
Salesforce rallied along with other software and growth names between March and May. Is it poised for more upside after a June pause? The first pattern on today’s chart is the falling trendline along the recent highs. A break of that resistance could make traders expect the uptrend to continue. Next, CRM has been stuck near the 50 percent retracement of its drop...
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...