NQ is hitting the same top of the channel and the broken trendline.
Failing getting above it will just make another good sign for new lows to come mid of the month.
Moment of truth is today
Resistance is very strong in this level, can stretch to 825 for a perfect touch.
11800 call from am got fulfilled, it's very close to it, I have shorted for a quick trade here, looking for a possible real move down off these highs, might not come till after the FOMC
Back in 2021, I warned of an Excess Phase Peak pattern that may setup in Bitcoin. What I didn't see happening was a DOUBLE Excess Phase Peak pattern setting up.
This DOUBLE Excess Phase Peak pattern suggests the $30k to $34k price level in Bitcoin became extended critical support as price continued to navigate through the 5 Excess Phase Peak triggers.
Because...
NQ is setting up a fake breakdown imo and should be stopped at 11530 zone, 11500 is a must hold for today for any bullish setup going into the EOM
Im expecting a good size rally starting today or tomorrow am, so a long setup from a bit lower is something what Im looking for
Cycles & Fractals are aligning for an aggressive move higher in Gold & Silver.
If my research is correct, a similar fractal is setting up right now compared to the one from the GFC (2008-2011). I believe we are at a peak in the Gold/Silver ratio and we could see an aggressive move downward in this ratio over the next 6~18+ months - sending Gold and Silver MUCH...
The S&P stuck its neck above last week's FOMC gap settlement and the SPY had a bullish engulfing daily candle, but all was surrendered ahead of the close. These are some of the indicator we are looking at to signal this pop in stocks can turn into a real rebound.
Getting some longs here
Looking for a support to be found around here together with the ES
Looking to hold till end of the next week. Stops are must to have!
NQ is going after 3x of extension to 11180 zone, lots of support in 11000 zone as well. So stretch as the SPX.
Expect a huge bounce, should ideally hit 13500+ during the summer rally
Use the Mid Bollinger to determine a trending market.
So far we perfectly hit 2.618 off the H&S breakdown, next is 300% at 11180 zone in case its really extending.
BTW Monday crashes are most important to watch with following tun Tuesday. When Tuesday can get below Mon lows but has to close above Monday's close and Wednesday's close as well to confirm the bottom!
NQ is going after the breakdown zone test as well as the mid Bollinger test.
Seems we will sell off after the numbers and test the bottom of the channel and then move up.
My game Plan for tomorrow is buy the am low
I know there are too many lines for some, but they are important to me. Just pay attention to the green trend channel and the blue doted mid of the channel line
NQ is supporting a view I have on the SPX, looking for some lower (NQ down to the low of the channel line before a fakeout.
12470 is a must hold, or we are going down to test the low of the channel
Im buying here with a stop for a rally to AH's highs and ideally more
Bullz are running out of time to push it higher
