Discussion regarding balance zones. Discussion is based on previous days and weekly plan
The goal of this chart is to look at where we are in the cycle on on the mid-term chart. Keep in mind these are just lines and NONE of these "lines" are intended to predict price exact action. They simply provide context to where the chart is in space. SPX is currently in a down trend and saw a decent sell off as 10year rates continued rising after FOMC meeting...
8/14 Weekly Plan. ES Futures September Weekly Pivot is 4,505 Targets 4,532 4,560 4,592 Targets 4,478 4,456 4,417 Now trading at 4,484 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,484 Weekly pivot at 4,505 Each weekly target. Side notes: One time framing down in daily + weekly chart. Weekly...
07/24 Weekly Plan. ES Futures September Weekly Pivot is 4,560 Targets 4,584 4,609 4,637 Targets 4,540 4,513 4,474 Now trading at 4,573 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,564.25 Weekly pivot at 4,560 Each weekly target. Side notes: One time framing up OTFU weekly. End is 4536.25 is...
06/19 Weekly Plan. ES Futures September Weekly Pivot is 4,445 Targets 4,487 4,510 4,540 Targets 4,415 4,381 4,351 Now trading at 4,447 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,288 Weekly pivot at 4,260 Each weekly target. Side notes: One time framing up OTFU in all...
Intraday strategy-Going short on ES, Could turn into a swing to the 44220 level
A few weeks ago a there was a setup exactly like this on the Russel. Indices were over extended, price took out prior day high. Price might take a few hours to fall,
There was a divergence on the squeeze, with it now below zero and a trendline break. Looking for a move down to the 38.2 or 50 retracement. If price stalls at this level until US open, price could pullback before going down.
06/04 Weekly Plan. ES Futures June Weekly Pivot is 4,260 Targets 4,300 4,327 4,346 Targets 4,230 4,194 4,165 Now trading at 4,284 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,288 Weekly pivot at 4,260 Each weekly target. Side notes: One time framing up OTFU in all timeframes. Daily ends at...
In this video I am discussion last week's plan and how it performed. Please pay special attention to the tweets linked to the chart highlighting trade entries and targets accomplished. These were the targets and pivot. Weekly Pivot is 4,194 Targets 4,240 4,260 4,300 Targets 4,172 4,137 4,114
Weekly Pivot is 4,194 Targets 4,240 4,260 4,300 Targets 4,172 4,137 4,114
05/30 Weekly Plan. ES Futures June Weekly Pivot is 4,194 Targets 4,240 4,260 4,300 Targets 4,172 4,137 4,114 Now trading at 4,241 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,239.75 Weekly pivot at 4,194 Each weekly target.
Seems like SPX has found the base for another push up to 4400+ zone in wave C of larger B. It may take up to 2 months to complete this structure. I count recent choppy action as wave 1 taking shape of expanding diagonal, it may still do one more spike up before retracement in 2. 3840 should be a stop-loss here.
05/15 Weekly Plan. ES Futures June Weekly Pivot is 4,150 Targets 1. 4,188 2. 4,220 3. 4,240 Targets 1. 4,114 2. 4,090 3. 4,061 Now trading at 4,146 Alerts You will receive alerts in this channel every time ES hits (2M candle close): 1. Weekly opening 4,132.5 2. Weekly pivot at 4,150 3. Each weekly target. Side notes: 1. Balancing in daily...
I will be scalping SPY for these watchlist trades for tomorrow and this week
Just a quick look at multiple timeframes and what the charts may be telling us
Imagine USD recovery, and "no fear" on VIX at the same time Not good combination for stocks IMO, especially when looking the extremes of 2022-2023 range. Calls at the extreme may not be a good thing.
Lets take a deep dive into the SPDR S&P 500 ETF Trust (SPY) and examine its trends across weekly, 4-hour, and 1-hour charts. Using technical analysis tools and strategies, we uncover insights into how SPY is behaving on different time scales and what that might mean for traders. Whether you're new to trading or a seasoned pro, you'll find valuable insights and...