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ZacharyHogan
Feb 23, 2021 2:39 PM

US30 Idea NY Open Session: Selloff imminent?  Short

Index of top 30 shares on Wall StreetFXCM

Description

Confirmation Checklist

- Time of Day anticipating volatility to bring us lower through out this week
- Looking for entry at/above weekly opening price
- Higher time frame divergence between US30/Nasdaq/SPX
- Clear targets where liquidity could be resting
- Imbalance
- Broker data feed gap near entry
- Intraday time frame big money foot prints
- Look at the Futures/ETFs for further clues

Anticipating more bearishness on US30
Interested in selling at/above this weeks open price (31482.6) for the best possible R:R
Maximum risk parameter I am considering is 31591 at this time

Targeting
1) 31200
2) 30820

If/when these targets are achieved, will reevaluate my bias on where price may be heading next

This is my opinion on what the market could do. This is not financial advice. Trading with real money involves risk.
Comments
Investroy
Same vision over here, cheers for sharing with us
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