No displacement higher or lower last week. Although we are still respecting bullish PDAs, we are not displacing through highs. I am primarily Neutral this week leaning bearish. I will be interested in scalps this week until we get a clear displacement lower. We failed to close above multiple swing highs last week & have so far respected the bearish Monthly wick CE...
Overall I'm bearish on DXY for the rest of the quarter however I'm bit neutral this week as I'm not exactly sure what direct it will trade in. There are a lot of balanced price ranges above current price action so I'd like to think price will trade straight down but I know that's very unlikely. Due to CPI early in the week, I think it trades higher first then...
Overall bullish on NQ but unsure of how the weekly profile will play out. I am leaning towards NQ trading up to 40 & 60 day IPDA data range highs earlier in the week then trading into discount of previous week's range to daily order block or weekly bullish breaker ending the week bearish. However, if we trade lower first then my points of interest remain the same...
I will have to see monday's price action before deciding on a weekly profile. However, I think it's very possible we trade to 40 day IPDA data range highs on Tues then have a pullback to weekly breaker. If we happen to trade lower early in the week, the targets are the same but in reverse order.
Offering symmetry with my bonds analysis, I am seeing a bearish '22 model with a clear area that looks like an original consolidation. I am also bearish on on all assets that directly correlate with yields.
I am seeing a bullish '22 model on Bonds with a clear Original consolidation. I am bullish on bonds for the rest of the quarter. As a result, I am leaning bullish on all assets that directly correlate with bonds & bearish on assets that indirectly correlate with bonds including yields.
Bearish on DXY until we clear 40 day lows filling the monthly FVG.
Now that ES has traded above Quarterly Open, I am bullish for the rest of the year. Anticipating Wednesday Low of the Week from Daily Breaker to 3 Week High to complete Market Maker Buy Model.
I've been watching the lows like a Hawk for two weeks awaiting the seasonal low to form. I believe it is here. These are swing trade conditions in my opinion. I am anticipating Wednesday Low of the week bullish expansion from Weekly bullish breaker to 20 day IPDA data range look back high to complete the 4H MMBM.
Ahead of NFP, I am expecting consolidation this week with most of the expansion being bearish. Still anticipating possible bullish seasonality to tip it's hand soon.
With NFP this week, I am mostly expecting consolidation this week. I believe most of the week's price action will be bearish but am anticipating possible bullish SMT still.
Due to Yields being extremely Bullish, I see dollar running the high but I can not deny the clear '22 model staring me in the face so I am a bit neutral but leaning bullish. I think dollar raids the high but may not close above it.
ES is respecting Bearish PD Arrays so it's reasonable to target lows. However, I am anticipating Bullish SMT at the lows to confirm Bullish Seasonality. If ES trades aggressively through the swing low & closes below, this will invalidate my SMT idea.
Anticipating classic Bearish Expansion towards equal lows this week. How we trade to or through lows will confirm or deny bullish seasonality.
Expecting Consolidation Thursday Reversal or Midweek Reversal with PPI, CPI, & FOMC this week. Possible low of the week in the Weekly Volume Imbalance then bullish expansion to 50% of the Aug 21 Week's Top wick for possible high of the week. Monday & Tues will likely below probability & consolidated ranges.
Thinking 50% of previous Week's Top Wick for possible high of the week down the bearish expansion to break the Swing Low & possibly into Daily Balanced Price Range.
It's once again PPI & CPI Week, we also have FOMC wedged in. I am expecting a Consolidation Thursday Reversal or a Midweek Reversal could be possible due to FOMC landing on Wednesday. Possible low of the week will be previous week's bottom wick 50% which fills in the weekly volume imbalance at the same time with bullish expansion towards 50% of the weekly fair...
New Month & New Quarter - mostly anticipation accumulation/consolidation going into the week. However, NQ is in deep discount of 20, 40, 60 Day IPDA Data Range Look Backs as well as it's Monthly, Weekly, Daily Ranges so it's possible NQ will seek premium from here. The areas I am interested in is the Weekly Bottom wick CE for possible low of the week & Monthly...