Smart_Money_Cpyder

Smart_Money_Cpyder

buyers able to keep off the down trendline support over the last few days, todays volume an inability to break lower tells me buyers are becoming aggressive, also yesterday AMEX:SPY we had a break out and rejection, i think this may be temporary and we will see an uptrend. target a 618 retrace--ishhhhh.

Smart_Money_Cpyder

Hey traders! 👋📊 Today, let's dive into an intriguing classic drop base drop setup that has caught my attention on the charts. 📉💼 The recent market movement revealed a lucrative pattern, highlighted by today's MM (Market Makers) absorption. 📈💰 This absorption has strategically paved the way for a potential leveraged movement within the $449 dollar range, showing...

Smart_Money_Cpyder

classic drop, base, drop setup forming next week? watching this area to re load puts. looks like an absorption maneuver by mm's here to leverage in short. ;) AMEX:SPY

Smart_Money_Cpyder

Again... Market microstructure typically shows that low volume nodes on Volume profile and past low liquidity when revisited with "relatively" low volume creates support and resistance areas as you are seeing a lack of participation from one side, high volume in these areas mean aggressive sellers/buyers are still willing to cross the bid/ask spread to break into...

Smart_Money_Cpyder Updated 

TVC:SILVER Personally accumulating silver, these are my areas I want to look out to buy. Market microstructure typically shows that low volume nodes on Volume profile and past low liquidity when revisited with "relatively" low volume creates support and resistance areas as you are seeing a lack of participation from one side, high volume in these areas mean...

Smart_Money_Cpyder Updated 

Down trending into key support levels, watching low volume (liquidity) TVC:SILVER node areas of trading range as these are areas if we see low volume will reject and act as support. two levels here noted, one at $19.80 area as a good average down opportunity. multiple levels of confluence in both locations.

Smart_Money_Cpyder

No signs of slowing market wide, shortages becoming more apparent again. My next Target 1132-1180 Area, Will Re-evaluate there.

Smart_Money_Cpyder

Headed to Pre pandemic steel prices, Not sure how long it will take for the wave to hit retail.