Potential day trade for today.
After doing some technical analysis and diving deep into some of the time frames this is what I have.
1. A possible move to 70400 to 72k with some change.
2. Why? The 12hr, 16hr, and daily time frame money flow and momentum waves are coming up with perfect confluence of the 16hr printing a green dot.
3. Lower time frames are giving mix signals, but are slightly deviating between back and forth with money flow in to the green and red.(Keep your eyes on those lower time frames those are going to be the one to enter those sniper shot entry's)
4. Long term why I believe this move is not a long term sustainable move to put in higher highs, is due to the weekly vwap coming down, remember I keep saying that the money indicates the longer term trend.
5. Giving us a perfect confluence to short the market at 2 very critical key levels.
1. 70500
2. 72000
6. I did enter my long at 68100 with $5300 5x margining $53000
1. A possible move to 70400 to 72k with some change.
2. Why? The 12hr, 16hr, and daily time frame money flow and momentum waves are coming up with perfect confluence of the 16hr printing a green dot.
3. Lower time frames are giving mix signals, but are slightly deviating between back and forth with money flow in to the green and red.(Keep your eyes on those lower time frames those are going to be the one to enter those sniper shot entry's)
4. Long term why I believe this move is not a long term sustainable move to put in higher highs, is due to the weekly vwap coming down, remember I keep saying that the money indicates the longer term trend.
5. Giving us a perfect confluence to short the market at 2 very critical key levels.
1. 70500
2. 72000
6. I did enter my long at 68100 with $5300 5x margining $53000