Get started

Futurestrading

ES Hourly - Back to Uptrend?Hourly analysis - Start of trend continuation? For the first time since 15 Sept - ES has broken above an hourly supply level and swing high while also defending 4335's breakout level. This could very well be a trap or the start of a relief rally/continuation of the 11-month uptrend. Levels to watch: 4420: This was ES's support 4-5 times before breaking down to these lows. We could backtest this level as a break and retest. 4375-4365: This is ES's new 1-hour demand zone where price broke through overnight highs and the previous one-hour supply. This is a good area to try longs, and to want ES to stay above. If we break back below, 4335 - 4310 at play.
CME_MINI:ES1!Long
by AmpedTrading
ES Daily AnalysisES is at the very bottom of it's daily demand zone which was tested 18 August for a 195 point move before continuing lower. while we are also near it's breakout level of 4335. If we break below the daily demand and can not reclaim, I do see us making a move to the levels below. If we see demand step back in here for a relief bounce, I could see a target of 4420 being realistic as it was previous support before making the move lower to test the breakout level or breakout demand zone. Thoughts?
CME_MINI:ES1!
by AmpedTrading
Russell 2000 Micro E-Mini Futures (M2k1!) - 4:1 LongMy analysis of the Russell 2000 surprises me, since I am instinctively more bearish than the chart seems to be. Hopefully you will challenge my forecast with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke the thinkers to do what they do best, right? As always, I strive to render these ideas of mine so obviously that their explanation will require no words. Nevertheless, this 4:1 Long trade on the M2k1! chart is of fundamental interest, considering that the Russell 2000 Index is a leading indicator of the US economy as a whole. Note that I have not entered the trade, because I expect price to fall farther still, as indicated by the custom Trend Exhaustion Wedge. Although my trading strategy is built on innate Pattern Recognition and a hard-won sympathy for the Market Maker’s Business Model, my tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION. As I mention in most of my other ideas, trading the CD leg of harmonic patterns is especially risky, since they are NOT confirmed until after the D-point prints. Although I prefer to rely on the charts, I cannot help but notice the many challenges being visited upon China these days, which could indicate a timely trend reversal for American industries. Of course, this is NOT a longterm forecast, nor am I instinctively bullish, per se. In the short and medium terms, price action should remain bound by the 0.236 to 0.382 Fibonacci retracement range set by the ATH during the "Everything Peak", shown in this 4h chart by the highlighted Purple channel. There are so many unknowns beyond Q2 2024 (on account of CBDCs, among other variables), that it is too soon to assume that price action will return to the Blue accumulation zone that also marks the top of the forecasted move, even though some important pre-Covid levels have been tested. Followers of my ideas may not be familiar with the aforementioned Wedge, which (among other things) suggests possible late entries in case price fails to hit the specified entry level from below, after confirming a C-point. The Wedge is merely one of many details in the full chart, which can't be seen in this condensed 4h version. I am preparing a video on prospecting for opportunities during the Sector Rotation, and the RUT and the E-Mini Futures are part of it. First, though, I have a few more ideas to upload as I update other key charts for the final Quarter of 2023. Until then, be liquid !!!](<My analysis of the Russell 2000 surprises me, since I am instinctively more bearish than the chart seems to be. Hopefully you will challenge my forecast with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke the thinkers to do what they do best, right? As always, I strive to render these ideas of mine so obviously that their explanation will require no words. Nevertheless, this 4:1 Long trade on the M2k1! chart is of fundamental interest, considering that the Russell 2000 Index is a leading indicator of the US economy as a whole. Note that I have not entered the trade, because I expect price to fall farther still, as indicated by the custom Trend Exhaustion Wedge. Although my trading strategy is built on innate Pattern Recognition and a hard-won sympathy for the Market Maker’s Business Model, my tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION. As I mention in most of my other ideas, trading the CD leg of harmonic patterns is especially risky, since they are NOT confirmed until after the D-point prints. Although I prefer to rely on the charts, I cannot help but notice the many challenges being visited upon China these days, which could indicate a timely trend reversal for American industries. Of course, this is NOT a longterm forecast, nor am I instinctively bullish, per se. In the short and medium terms, price action should remain bound by the 0.236 to 0.382 Fibonacci retracement range set by the ATH during the "Everything Peak", shown in this 4h chart by the highlighted Purple channel. There are so many unknowns beyond Q2 2024 (on account of CBDCs, among other variables), that it is too soon to assume that price action will return to the Blue accumulation zone that also marks the top of the forecasted move, even though some important pre-Covid levels have been tested. Followers of my ideas may not be familiar with the aforementioned Wedge, which (among other things) suggests possible late entries in case price fails to hit the specified entry level from below, after confirming a C-point. The Wedge is merely one of many details in the full chart, which can't be seen in this condensed 4h version. I am preparing a video on prospecting for opportunities during the Sector Rotation, and the RUT and the E-Mini Futures are part of it. First, though, I have a few more ideas to upload as I update other key charts for the final Quarter of 2023. Until then, be liquid !!!
CME_MINI:M2K1!Long
by TheLeadingIndicator
7
Can Bullrun Start Without Gap Fill? 🌄🕳️ The Gap Dilemma: Price gaps occur when there's a notable difference between the closing price of one trading period and the opening price of the next, often seen on the charts as a "hole" in price action. 🔍 Gap Filling: Traditional market wisdom suggests that gaps tend to get filled, meaning that the price revisits the gap area and trades within it. In Bitcoin's case, this could mean a retracement to fill a previous gap before further upward movement. 📈 Historical Anomalies: Interestingly, Bitcoin has shown a tendency to defy this norm. In its historical price data, there have been instances where significant bullish trends started without revisiting or filling previous gaps. 🌐 Market Sentiment: Bitcoin's behavior often reflects overall market sentiment. If there's overwhelming bullish sentiment, it might bypass gap filling and initiate an upward move. 🚧 Caution Required: While Bitcoin's past actions might suggest the possibility of such scenarios, it's important to approach each situation with caution. Market conditions can change, and historical patterns don't guarantee future outcomes. 💡 The Takeaway: Bitcoin's unique nature means it doesn't always conform to conventional market expectations. While gap filling is a common phenomenon, the cryptocurrency has demonstrated the ability to start bullish trends without revisiting these gaps. In trading and investing, adaptability and a comprehensive strategy are key. Keep a close eye on market sentiment, technical analysis, and news developments to make informed decisions. Remember, there are no absolutes in the crypto world, and flexibility in your approach is your greatest asset! 📊🚀
CME:BTC1!
by AlexWhale
📊#BTC Death Cross is about to flash!🆘📉 ‼️Dumping is not far away from us. This is not alarmist, because it is the general trend. Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:👇 On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk management.⚠️ 🧠Now that the event driving factors are in place, let’s analyze them based on the event expectations. Then I opened the EMA technical indicator and simulated its possible trajectory, and made a surprising discovery: the death cross is about to appear! ! ! ✔️We all know that technical indicators are delayed. When the death cross occurs, we may have missed the entire market opportunity. In addition, we have been consolidating here for a long time. BTC is likely to break the wedge structure and start falling before the 17th.📉 let us see👀
Short
by wolf_king888
Short-Term Outlook: ZN Bonds will decline to 109.16$.I. Bearish Momentum: The ZN bonds market has recently displayed signs of bearish momentum, with several key indicators pointing towards a potential downturn. One of the most notable factors contributing to this sentiment is the presence of strong seller volume, indicating that there is significant downward pressure on bond prices. II. Seller Dominance: Seller dominance can be a powerful indicator of market sentiment. When sellers outnumber buyers, it often leads to downward price movements. In the case of ZN bonds, the sellers have been in control, suggesting that the short-term bias leans towards a bearish outlook. III. Price Target: 109.16: Based on the current market conditions and the prevalence of seller dominance, it is reasonable to anticipate a decline in ZN bond prices. Our short-term price target is set at 109.16, which reflects the potential support level where prices may find temporary stabilization. IV. Intraday Resistance: 110.31: In addition to the seller dominance, there is a notable intraday resistance level at 110.31. This resistance level acts as an obstacle to any upward price movement and can further support the notion of a downward price trend. Traders should pay close attention to this level as it may provide an opportunity to enter short positions. In conclusion, the ZN bonds market appears poised for a short-term decline to the 109.16 price area, supported by seller dominance and the presence of an intraday resistance level at 110.31. As a bonds trader, it's vital to remain vigilant and adaptable to changing market conditions while implementing effective risk management strategies. The financial markets are dynamic, and staying informed is essential to making well-informed trading decisions.
CBOT:ZN1!Short
by Gassem_futures