We can't predict the future but we can fork it up.
Some basic planning for tomorrow. It helps to stay organized and somewhat prepared for the fight.
Details on the chart. Keep watching 100 ema.
I heard from many people here that MACD is useless and is used by amateurs only. Well, maybe it's all about understanding it and using it correctly. I don't make fun of the tools other people use :) Good luck to all of us.
Keep watching 100 ema.
Look this up on 5 min. Critical point.
I don't want to call Top but reviewing the charts brings up some simple questions.
Watching the major pivots is fun. IWM has been in a general uptrend for a long time. Buying the pullbacks at pivots will be my overall approach. Shorting this will be very tricky so I don't recommend. Good luck to us treasure hunters.
This is my approach for the intra-day play for the early part of the next week. I'm not excluding more upside on QQQ but we're at some longer term resistance here and some relief pull back is possible.
Can we trust our BB's? A lot of traders do.
Intra-day idea if we can't reenter the channel and get rejected with conviction. Also, look at the BB squeezes around this resistance zone. This one could be a classical head fake at resistance.
Details on the chart. My game plan for the short term.