mellow_trader

mellow_trader

i like this gap down ... looking at the 167.5 strike put @$5

mellow_trader

i like this gap down...looking at the 147 strike put @$2.8

mellow_trader

1 above weekly-monthy open 2 above prior days range 3 running into an area we've rejected (STRONGLY) 2x I want to see if we go past 77.94...if we're weak up here then this could be a nice bear play

mellow_trader

is the MCD battle with 273-275 resistance zone over? 1. first drop...filled that displacement from 11NOV ...then dropped again 2. returend to zone 16NOV..immeidate weakness and failed 3. we've grindd back up to the zone and have been holding to go long i want to see a break above and retest of 275

mellow_trader

below weekly moving below friday price action i wanna see a retrace to 150 then continuation down

mellow_trader

Below weekly open' below fridays price action i want to see a break and retrace of 176...then a flush to the downside

mellow_trader

1. above weekly - monthly (green) 2. failed short entry from old gap...we're gapping over it now 3. continue to price void higher?

mellow_trader

1. above weekly - monthly (green) 2. gapping up pre-market into prior void expect retrace due to yesterdays bulls...wait and see for continuation or fade

mellow_trader

This is interesting... had a series of days compressing and moving up (almost like a flag)...now we get a day reversing to the downside (yesterday) and its followed by a gap down... i think we moveing back towards monthly low

mellow_trader

1. (pre-market) gapping over yesterdays range 2. now green on month and week 3. trapped lots of bears i think we see price return to 44

mellow_trader

1. (pre-market) gapping below yesterdays price range - into a pocket 2. just completed a day of compression after..which closed bearish..after... 3. ..a broadening day (sweeping for liquidity?) i think we see a retracement then possibly repear what happened before at this level (see blue lines)

mellow_trader Updated 

1. inside yesterdays move 2. bears still in control 3. retrace entry zone if 400 holds i want to see some wicks form at market open and some trapped bulls...then i'll look for shorts

mellow_trader

1. gap over prior day 2. expect return to previous high 3. over weekly I like this for a scalp..will be watching it during 1st hour

mellow_trader

1. i like this compression after the sell off 2. below weekly 3. want to see some trappage then i'll go short ...i think we see 126

mellow_trader

1. looks like prime area to retrace and continue down 2. above weekly 3. above prior day 4. lots of bullish candles in a row 5. headed toward prior support

mellow_trader

1. above weekly open 2. 4th bull'ish weekly candle 3. above prior day 4. i marked a watch out zone...where i will wait and see what occurs

mellow_trader

1. inside day (currently) 2. below weekly i want to see some trappage before i participate

mellow_trader

1. gap over bearish daily candle 2. above weekly open 3. below monthly (target) trapped bears will close and i'm looking at 388 for quick targets