SPY and emini es1! futures have signaled the start of daily consolidation for the S&P500, and a rejection from the monthly trendline. this idea is simple. if we confirm a lower monthly high, and the beginning of a reversal by remaining below the pivot i would aim for sss supports and lower horizontals. if we remain rangebound, and break out above pivot i would aim...
SPXUSD Daily neutral with a bullish bias. Recommended ratio: 55% SPX, 45% Cash. * The Fed Minutes confirmed preexisting knowledge that inflation is still the primary concern for the economy (making this release a low impact event) and that more downsizing of the Fed balance sheet + another 50bps is the baseline scenario for the next FOMC meeting on 09/21....
weve had a big runup to major resistance, and were inside that sss supply zone below a pivot marked out by the dotted line. if we stay beneath that area treating it as resistance i would aim for the lower horizontals looking to retest the sss moving average or signal. if we breech that resistance to the upside i would aim for the upper horizontals. most likely...
This is what i'll be watching for on US30. 15min RSI Divergence to form, then a huge drop to follow. Atleast a 1:12 trade here coming up.
Hi, and welcome to today’s update. In today’s video update, we’re looking at the US30 and wondering if today’s CPI could break the consolidation deadlock we are currently seeing price sitting in. Price continues to be held in an ascending triangle pattern, and in uptrends, these are typically seen as continuation patterns. We can clearly see that price remains...
Hello friends, CME_MINI:NQ1! The two possible NASDAQ scenarios.
there are a couple scenarios for the critical resistance weve just about come up to on the l nasdaq. i think were above pivot, and where we start out friday will define next weeks activity. if we hit that resistance sss moving average, and we fall beneath the pivot forming bearish divergence daily rsi i think were headed for daily consolidation. if we breech that...
SPX Daily neutral with a bearish bias. Recommended ratio: 48% SPX, 52% Cash. * NANCY PELOSI WATCH. S&P Global released their final July US Manufacturing PMI estimate this morning and it came in at 52.2, slightly lower compared to both June's PMI and the consensus estimate of 52.3; this is the lowest it has been since July 2020. The Atlanta Fed released...
if vix loses the 1 hour uptrend, im guessing it will double bottom
i think a counter trend rally to the upside may attempt fractally out as bulls stutter in defense and eventually get fakedout in reversal from the lower timeframes up to the higher by fibo timezone 5, 8 and 13
This analysis is based on the scenario that we are about to complete the schematic with a following rally. A possible position can be placed like: -50% of total position size on the LPS after we have seen some Sign Of Strength. -50% of total position size on the LPS after we have seen the Sign Of strength of the smaller area. (something more that...
weve only seen this low in uvxy 3 times, they were all this year, and they all happened with broader markets in a downtrend. all im seeing right now is buys on uvxy, and if the selloff continues with multiple sectors like xlf, xlv, spy, qqq, iwm, and especially soxl hitting new lows of the day at the same time its almost a guarantee that vix pops once again at...
DXY Daily cautiously bearish. Recommended ratio: 25% DXY, 75% Cash. * US Treasury Secretary Janet Yellen was interviewed by NBC and explained that due to strong consumer demand, credit quality and employment, the widely anticipated two consecutive quarters of negative GDP would not constitute a recession. She is essentially the White House mouthpiece for the...
SPX Daily bullish. Recommended ratio: 90% SPX, 10% Cash. *Equities, Cryptos, Metals, Oil, Treasuries and EURO are slightly up today as DXY and VIX continue their market correction. Equities continue to go up on fading concerns of a recession paired with more strong earnings ( Tesla beat on both earnings and revenue ) but face a week of anticipated volatility...
Selling Set up for down After good Recovery on daily chart. dow are tend to go bullish for 1 week. between that upside move, price are looks bearish in 1 hour chart. trend is down on 15min which is good indication for selling. On Execution time frame(5Min) good zone Are there. That's why shorting is goo till 31373
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. The way I told you, you have to trade like this and you will...
Happy Monday. Thanks for tuning in. Today we’re looking at the ASX200 as a few things point to buyer control. Since last Friday, we continue to watch the new fast uptrend remain in play. Buyers are also starting to break out of a wedge pattern, but we want to see if price can get back up to and break 6715. A move up to and break of that level could start to tell...
SPX Daily neutral with a bearish bias. Recommended ratio: 45% SPX, 55% Cash. * US June Retail Sales was reported this morning and beat the consensus estimate (0.8%) by 0.2% coming in at 1%; compared to last month's retail sales number of -0.1%, it's reasonable to suggest that consumer demand is returning after six consecutive months of shrinkage (Jan 2.7%, Feb...