META breakout with a first stage base/rounded bottom & accumulation. Low volume confluence with "handle" is setting up for breakout and second stage. KL: 204.80, 211.64, 217.51, 226.84, 236.99// Long Bias on higher auction and price rediscovery from levels last seen in Jan 2022 sees PT of 289.11// Beta: 1.16, ATR 6.79, IV: 40.55% // Bias: Risk On; Failure <...
BITO 390m: Breakout from structure held since June 2022 and move over value area high. Auction has now moved over key MAs. Aggressive movements & high vol in the crypto sector has produced risk on sentiment and a two day upside of +30%; diverging from recent equity sentiment. Continued price action and breadth in this space could see BITO continue its current move...
AMD W Bottom/ Intraday setup 65m; VPOC 1D: 81.72 //KLs valid bidirectional// Watching structure from Feb 14, 2023// ATR: 3.26, Beta 1.92, IV: 49.16%// Price at time of publish 84.96
META 65m: Intraday KLs 182.49, 184.14, 185.14, 188.13; <178.99 upside invalidated; Displaying relative strength// ATR: 5.97, Beta: 1.20., IV: 39.96%//Bias: Neutral-Risk On// Price at time of publish 181.22
TSLA continues upside auction leading into investor day on 3/1/2023. Hit 211.16 (completion of EOD 3bar play) target in overnight session and breached 212.49 (VPOC during intraday session. Overnight high was 212.60)// New target is 217.20, 221.27 if conditions persist//KLs <210.52: 209.23, 207.40, 205.16// ATR:11.40, Beta: 2.09, IV: 73.89%// Bias: Neutral- Risk...
NVDA leading the session +14.00% post ER Continuation technical analysis citing 3bar play on 4HR time frame and revisiting a price shelf last seen in April 2022 and February 2022. KL: 230.63, 235.63, 245.87, 247.58; Potential to fill a volume profile gap to 255.36 past last upside KL// Beta 1.80, ATR 11.32, IV: 56.01%// Bias: Neutral to bullish// Economic data on...
COIN :Cup and Handle watch for breakout on 65m. Continued strength in sector in tandem with macro policies. Volume will be needed to confirm continuation on upside and acceptance at higher price shelf// KL: >70.47: 72.06, 73.25, 75.95, 83.02// <70.47: 68.80, 65.70 <63.00 invalidates this pattern // ATR: 6.80, Vol: 12.27%// Bias: Neutral-Risk on for...
NVDA: Update on Cup and Handle study originally shared on January 23, 2022. NVDA has since moved 17% since price of 188.35 at time of initial publish. Premise of directional continuation is a gap to a higher volume shelf if structure sustains at current levels; These values would revisit auction not seen since April 2022// KLS: 214.98, 219.76, 221.81, 228.29,...
SPY Cup and Handle Potential entering the EOW post economic data and record quarter postings from TSLA. SPY poised to breach current level of 304.95 where volume would confirm breakout of accumulation. KLs 402.95, 403.32, 405.62, 407.48. Pattern invalidated <401.92 where Kls would be 400.92, 399.99//Core PCE pre market tomorrow is on watch for delta in price...
NVDA with a cup and handle setup playing out as it leads with the semis strong into the open of the week. Breach of 191.50 revisits volume shelf from may 2022 where next Kls are 196.53, 203.62, 211.63, 221.80, 235.63. Below 188.13 revisits 179 level and auction at these levels. // Beta: 1.73, ATR: 7.70, RVOL: 1.97// Bias: Risk On
TSLA 4HR Swing Potential from 1/11/2023 study in play. Auction >127.74 KL sees re-capturing structure >136.91 where next KL is 138.64// Rejection and PA <128.70 could see test at 126.61 to validate auction lower// ATR 9.05, Beta 2.03, RVOL 2.79// Bias: Neutral to Risk On
ETH Fibonacci levels on daily suggests upside continuation to previous areas of structure seen in September 2022 & May 2022. Key levels on watch are 0.786 fib value; Validating a 3Bar Play to the upside. Downside scenario are rejections at/or above current price and breach of 0.618 fib level back to lower levels of auction at 0.500 zone of 1280.33// Key Levels:...
AMZN Flag Pattern 65m// ATR: 3.67, Beta: 1.17, RVOL 0.95// Bias: Risk on// Basic illustration/study for learning :)
TSLA 65m : Downside opportunity activated post rejected KLs at upper 120's zone. TA reflects a fade back into areas of structure. KLs 116.70 to sustain upside; KLs <115.59: 114.32, 113.45, 110.44, 107.00. Potential for range and premium traps are also considered for options. Breach of 100.97 validates downside continuation into 94 level from previous published...
ES1! 65m Acute key supply and demand levels post CPI. Broad markets gap down going into EOW and re-establishing auction at lower structure. KLs: 3978.00, 3973.25, 3963.50, 3952.50. Neutral to risk off bias is invalidated > 4021.75// Price at time: 3967.25
TSLA Swing Potential using 4HR. Looking for 126.45 to re-establish structure at 138.64// ATR 10.02, Beta 2.04, RVOL 0.35// Bias: Neutral to bullish// Price at time of publish: 124.60
ES1! 65 minute Supply and Demand Key Levels into potential binary economic events today and at EOW// Price at time of publish: 3896.75
SPY outlook using 1WK frame into EOY for 2022 and Q1 (at least) for 2023 suggests continued rally to the downside. The broad market is seeing the most pressure in tech and chip related stocks on the premise of unfavorable EPS forecasts. SPY is returning towards its previous area of structure last revisited in OCT 2022 and NOV 2020. KL over time is 365.50 (200SMA),...