Granborough-Capital

Granborough-Capital

Expect the price to move up to R1 OR R2 by EoD. This is based on the previous days PoC examined through volume profile analysis

Granborough-Capital

Previous volume points of control and pivot points are located in the 1.362-5 range. Expect price to move into this range to close

Granborough-Capital

Moving into NY open we expect R2 to get tagged today. This is due to the previous point of control last Friday (14th) and the current R2. NFA

Granborough-Capital

Daily is primed to gap up in overnight futures trading. I see today as a kneejerk reaction to rates increasing which have not yet taken place - March will be a different story. Todays R3 (pivot point) was at 4795 - I expect we land in the 4775-4490 range by close tomorrow on strong retail sales.

Granborough-Capital

Futures created a high early morning. The open sold off - expecting a solid push into close around R2

Granborough-Capital

Consolidation in the afternoon session (1/6/2022) keeps my bias bullish. Gaps need to be filled as we approach 25.0 (see yellow boxes) Risk off soon.

Granborough-Capital

Red order block now

Granborough-Capital

Green order block likely

Granborough-Capital

Red order block likely

Granborough-Capital

Good US data will provide more lift to 64.50 level

Granborough-Capital

US Retail numbers will provide lift

Granborough-Capital

Suez Canal issues will cause oil to rally into the weekend.

Granborough-Capital

Oversupply. Looking for a selloff throughout NY.

Granborough-Capital

Oil has had challenges breaking the lows formed over the past three sessions. Looking for oil to breakdown in this session.

Granborough-Capital

Based on the positioning of SP500, it is apparent investors are turning towards more risk-on currencies such as the EURO. EJ has the tendency to retrace back to SP500. Good luck.

Granborough-Capital Updated 

Based on the two price deteriorations, two Fibonacci retracements show, the price has the potential to reach 1912-1924, w/in the next week.

Granborough-Capital

Buy gold. The gap caused by vaccine news will be filled as the world comes to grip with the second wave.

Granborough-Capital

Would be interested in your opinions/comments, thank you for the view. Based on the gap on the 9th of November, the price still has varying liquidity pockets that still need to be hit in order to move upwards (as shown by the rectangles)... There is a fair probability (50%-55%) that price will move downwards. Based on sentiment, it appears that DJ may be setting...