ES1! 6WK: Update from April 14, 2023 Publish:
+8% shift of structure upwards and price rediscovery from March 2022 levels. A period of inside candles preceding May 8,2023 reflected support at sigma 2.
Risk on sentiment as evidenced by confluence of sigma 1 and 0.5 fibonacci level (4155.25) is now approaching 0.236 fibonacci level (4500). This is a high area of...
4270.00 remains 3 - 5 week target able to contain selling on a monthly basis, once tested the market poised for pushing onto new highs over the following 3-5 weeks.
A daily settlement below 4263.25 signals 4187.75 within several weeks, and above which the 4808.25, January 2022 high is likely by the end of the year.
Upside, a daily settlement above...
The market has finally shown some signs of weakness after Friday's close. In this video I explain why I will be selling rallies next week in CME_MINI:ES1! looking for further price action to the downside. I show you my process for determining support and resistance levels using Bollinger Bands and how to use my free (open source) indicator on TradingView, Beacon.
above green arrow when you see buy pinbar on 1h,4h,daily chart ,dont fear pick buy SL=pinbar low ok?
If you have old sells,you must hedge them now ,Nasdaq upper target is 16000 even 21000(see weekly chart Fino 161%)
advice=70% looking for buy,,,be carefull on sell=dangerous
wish you win
Day Trade Market Condition jun 23, 2023
levels for NQ ES CL BTC
watch the table left side for trade, right side for trend
Notice the level nq 14917 / es 4373 might get volatile
S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/23
In our trading plans for Fri. 06/16, we wrote: "The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead". This has played out as anticipated with yesterday's consolidation. It appears gaining traction...
There is a Bearish Harami reversal pattern in the making on the S&P 500 ETF weekly time frame. It looks perfect as a textbook sample.
Stop is above last week's top at $445
Target is just above the opening of the second candle of preceding growth at $392
For Friday, 4467.50 can contain session strength, below which the market remains the defensive into next week, possibly yielding 4257.50 over the next 2 - 3 weeks.
Downside Friday, 4416.00 can contain intraday weakness, while breaking/opening below 4416.00 allows 4357.75 intraday, where the market can place a daily low.
A settlement today below 4357.75...
My alternative count I came up with a week ago is getting increasingly likely. I will No trading for me here so far. Watching developments and will discuss them in details in Weekly Update.
For Thursday, 4444.50 can contain session strength, below which 4352.50 is likely intraday, 4257.50 in reach by the end of next week, where the market can bottom out on a weekly basis, possibly into later July.
Upside Thursday, pushing/opening above 4444.50 signals 4462.50, while closing today above 4444.50 indicates 4503.50 within several days, able to...
The S&P500 crossed under the MA50 (4h) and is approaching the bottom of the 1 month Channel Up.
That would complete a -2.60% decline from the top, which is consistent with the pull backs of late April and May.
Trading Plan:
1. Buy at 4340.
Targets:
1. 4515 (Resistance 1).
Tips:
1. The RSI (4h) gives the most optimal buy entry when it crosses under the 30.00...
S&P 500 INDEX MODEL TRADING PLANS for WED. 06/21
In our trading plans for Fri. 06/16, we wrote: "The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead". This has played out as anticipated with yesterday's consolidation. It appears gaining traction...
Markets pulled back yesterday and ETH session seems to be trending down.
Any test of yesterday's Low could provide direction.
Level to watch 4413 --- 4411
The 4195.75 long-term support area can contain selling through the balance of the year, above which 4606.50 remains a 3 - 5 month objective, the 4808.25, January 2022 all-time high expected by the end of the year.
On the way up, 4606.50 can contain monthly buying pressures, with a settlement above 4606.50 indicating the targeted 4808.25 within 3 - 5 weeks,...
S&P500 / US500 almost touched today the 4hour MA50 for the first time since June 1st.
This is a Support and as long as it holds (along with the Channel Up), buy and target Resistance A at 4500.
If the price crosses under the Channel Up, sell and target the 1day MA50 at 4235.
If the 4hour RSI makes a Bullish Cross before 4235 gets hit, then book the profit on...
