Day Trade Market Condition jul 05, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
The S&P500 is pulling back following yesterday's July 4th holiday and seems to have reached a temporary top similar to May 1st. That was nearly a 1 month consolidation phase, which after testing the 1D MA50, it initiated the new bullish phase. Technically that was also the Higher Low of the four month Channel Up pattern. The 1D technicals remain bullish (RSI =...
SP500. is it bottomed or not yet bottomed? I don’t know. I only know where is my stop lost level..Asked And find answer from Mr. Market. They said treat trading like doing business = maybe in Money management might be correct but not all. E.g ..Don’t never ever try “ not compromised/manipulating” with your client / supplier as you did with Mr. Market. You always ...
Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ Dollar Index (DXY) daily time frame 💲 The Index broke and closed above a resistance line of a falling expanding wedge pattern. It was retested on Friday. Probabilities are high, that a bullish movement will initiate from a broken trend line soon. 2️⃣USDCHF daily time frame...
SPY 65m: An acute SPY study shared with peers was used to example the weekly movement of SPY. SPY vs ES was used as a benchmark for S&P Cash Index due to intraday activity (as of recent). Using the 65m horizon, key inflection points were identified using market structure and regression analysis. Session highs for the index ending the week and quarter and marking...
Dear friends. 2022 was a tough year for the market with the Fed putting a hold to the tremendous inflow of capital on the markets and reversing its damage after being confronted by record inflation. The Fed did a good job by acting fast and decisive (something other central banks did not or could not do) it resulted in a USD bull market and a bear market for risk...
Hello once again TradingViewers, and Welcome Aboard 💖 "The stars are aligned" ✨That is what tech pundits and insiders like to say on Apple’s first retail stores in India which will open in Mumbai and Delhi earlier in April, 2023, a move that would get the Cupertino-based company closer to the market with one of the youngest populations in the world. ✨As India’s...
S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/30 The choppy trading for the last week or so appears now resolved to the upside with the soft PCE numbers released this morning. This appears fueling the typical quarter-end window dressing by funds, resulting in the path of least resistance being to the upside. Cover any open shorts and avoid going short - next...
Day Trade Market Condition jun 30, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
as predicted before, Nasdaq is in up trend ( new up trend can start soon) ,,, on bad news if low break 14200 is down target advice= 90% looking for buy , when you see buy Pinbar on 1h,4h,daily chart, don't fear pick buy with SL in pinbar low if you have old sells, you must hedge them now wish you win
Day Trade Market Condition jun 29, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend note es/nq trading at liquidity area
S&P500 / US500 crossed back over the 4hour MA50 and so far today is holding it. For this level to stay as Support is critical as a 4hour candle close under it can delay the uptrend and send it to the 4hour MA200, 1day MA50 near the Rising Support. In that case sell and target 4300. As long as the 4hour MA50 holds, be bullish and target Resistance A at...
Hot cpi data and rising interest rates don't seem to have much of an impact on demand. For reason I cannot explain, people continue to buy. I believe there is a decent probability we will blow through the next two pivots with respect to consolidation.
For Thursday, 4426.75 can contain session strength, 4341.25 in reach and able to contain session weakness. A settlement today below 4341.25 signals 4263.00 - 4284.00 by the end of next week, where the market can bottom out on a weekly basis - possibly through July activity. Upside Thursday, closing above 4426.75 signals a good low through next week, the 4530.50...
S&P500 is pulling back after the March Channel Up topped on an overbought RSI (1d). The MA50 (1d) has been intact since March 29th and is the support of this strong uptrend. Trading Plan: 1. Sell on the current market price and/ or the June 16th High. 2. Buy on the bottom of the Channel Up at 4310. 3. Sell if the price closes a (1d) candle under the MA50...
S&P 500 INDEX MODEL TRADING PLANS for WED. 06/28 Our models indicate choppy trading with no directional momentum until PCE release later this week. Depending on the number, it may bring inflation and interest rates back onto the market radar, with downside pressure added on the markets, which could crescendo into the FOMC meeting next week. In our trading plans...
Day Trade Market Condition jun 28, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend
Yesterday's price action suggests that Bulls are perhaps taking control. As long as this week's Low holds, we can expect a rally. Level to watch 4410 ---4412 Reports to watch: US: Jerome Powell Speaks 9:30 AM ET US:EIA Petroleum Status Report 10:30 AM ET