Where are we VTI?

May 12, 2022

Where are we VTI? Here's a Mega Triangular Trend Channel MTTC2.0 (beta) set to 200SMA with 19 levels. And my tickerTracker MFI Oscillator set to 20 with SPY, VTI, QQQ, IWM & DIA.

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
tradingview.com/u/growerik/

May 13, 2022

Note

All global futures are in the green 5/12/ 22 @ 11pm EST

May 13, 2022

Note

VTI 1 week candlestick prints:
O $203
C $200.90
H $203.38
L $192.12

May 15, 2022

Note

Global futures green

May 16, 2022

Note

Asia and Europe leaning red now

May 17, 2022

Note

Don't forget Fed chair Powell speaks at 2pm today

May 18, 2022

Note

I guess investors are going on a buyers strike today after TGT scare. Hmm

May 18, 2022

Note

European markets just closed

May 19, 2022

Note

Global futures red but not by too much -1/3% to -3/4%

May 22, 2022

Note

Global futures green 1/2% to 1%. Not that that means anything anymore. lol

May 23, 2022

Note

Strategy strangle 1 ATR before close. lol

May 26, 2022

Note

VTI 1 week 5/23-27 candlestick:
O = $196.65
H = $203.80
L = $193.32
C = $?

May 26, 2022

Note

Macroeconomic Events tomorrow 5/27:
7:35 FOMC Member Bullard Speaks 7:35 EUR ECB's Lane Speaks
8:30 Core PCE Price Index (MoM) (Apr) Forecast 0.3% Previous 0.3%
8:30 Core PCE Price Index (YoY) (Apr) Forecast 4.9% Previous 5.2%
8:30 Goods Trade Balance (Apr) Previous -127.12B
8:30 PCE Price index (YoY) (Apr) Previous 6.6
8:30 PCE price index (MoM) (Apr) Previous 0.9%
8:30 Personal Income (MoM) (Apr) Forecast 0.5% Previous 0.5%
8:30 Personal Spending (MoM) (Apr) Forecast 0.7% Previous 1.1%
8:30 Real Personal Consumption (MoM) (Apr) Previous 0.2%
8:30 Retail Inventories Ex Auto (Apr) Previous 2.5%
10:00 Michigan 5-Year Inflation Expectations (May) Forecast 3.00% Previous 3.00%
10:00 Michigan Consumer Expectations (May) Forecast 56.3 Previous 62.5
10:00 Michigan Consumer Sentiment (May) Forecast 59.1 Previous 65.2
10:00 Michigan Current Conditions (May) Forecast 63.6 Previous 69.4
10:00 Michigan Inflation Expectations (May) Forecast 5.4% Previous 5.4%

May 27, 2022

Note

Looks like the market is waiting for 830 macroeconomic data to figure out a direction going into next week.

May 27, 2022

Note

PSA: US equity markets closed Monday 5/30 Memorial Day incase somehow you forgot.

May 27, 2022

Note

VTI 1 week 5/23-27 candle prints:
O = $196.65
H = $208.09
L = $193.32
C = $208.07

Jun 1, 2022

Note

VTI 1 month May 2022 candle prints:
O = 207.15
H = 215.91
L = 190.66
C = 206.36

Jun 1, 2022

Note

The Federal Reserve’s almost $9 trillion asset portfolio is set to be reduced starting today, Wednesday June 1st. Quantitative tightening will allow $47.5 billion in bonds roll off its balance sheet in each of the next three months only to increase to $95 billion thereafter. FOMC 50 bps rate hike Meetings ; June. 14-15* ; July. 26-27 ; September. 20-21* ; November. 1-2 ; December. 13-14*.