AMZN earnings are helping the nasdaq move higher, and we saw the same price action yesterday at the close, therefore we will be looking to buy the dips tomorrow. We only got one trade today, we shorted R2 and we got only partial profits, you can check our trades in the comment section of the last post.
Plan your trade and trade your plan.
KRS
Crazy day for daytrading, was a fight between bulls and bears, we got only one trade today, we took a long from S1 to YL , i think bulls have the lead now, therefore we may look for long trades tomorrow, you can take a look at our trades in the comment section of our last post, and as always Plan your trade and trade your plan.
KRS
What a day we had on Tuesday, we knew markets were weak but this was some fast action to the downside, we had one trade to the downside from YC and PP to YL, after today's we may have a little retracement, but markets are very weak.
As always plan your trade and trade your plan
KRS
As we said yesterday there still was some downside potential, we had some orders at YH but price never reached our levels, but we had a small trade off the PP to YC, and there was a nice long trade from S1 but we missed the entry. Moving forward, the market still weak, but we have a divergence in the 1H chart and that might push the market a little higher. As...
Hello everybody, the market bounce back from the 6650 zone, but we are still in short time selling, therefore we will keep an eye if prices rallies to friday's high for an opportunity to sell the market short.
Plan your trade, and trade your plan
There was some early pressure to the downside in the NQ on thursday, we were able to get a couple of long trades, they both hit the first targets, but there was not enough momentum to bring them to the second target. We'll keep an eye on overnight trading, but i think there still room for longs.
You can check our trades in our last post in the comment...
Hello guys, as we were expecting, the market pullback a little bit after the opening, giving us the perfect entry at Pivot Point. i would expect more of the same (buy dips) unless something crazy happens overnight.
Check yesterday's post and scroll down to the comments to see our trades for Wednesday.
Plan your trade, trade your plan.
Nasdaq getting stronger, closing close to the high of the day, we are overbought in the 1H, i will expect some kind of pullback, which would give us some nice entry options.
Plan your trade and trade your plan.
Long at close above 6461. Short targets these week, expecting volatility. Yellow line down trend, possible for price rally to long target 3 and come down to rebounce at the line. Given more options to profit, close trade and re entry. Play safe!
Can we see Nasdaq closing the week at a record high and S&P 500 breaking through the falling trendline and horizontal resistance? If not today, I'd be expecting this early next week.
Hope we don't see a big red candle today as this would negate the view.
NASDAQ FUTURES looking to be the strongest out of the indices. it is the only one that has held the 100MA firmly, expect a pop to 50MA on this one, or at the very least a pop to $6500 or slightly higher before switching from long to short.
I guess it makes sense in some ways, but BitCoin being the currency that it is shouldn't really have such a trend correlation with the Nasdaq 100/$QQQ/$NDX
Because of the volatility of BitCoin and the spikes (up and down) being so vastly greater than that of the $NDX, the way they move together isn't necessarily obvious to see...I drew some lines to show some of...
NQ sits above long term channel resistance, and is likely to fall back into the channel this week given the pressure on NQ's weekly RSI, Stochastics and MACD which are rolling over from recent tops. High momentum names like Netflix (NFLX) and Tesla (TSLA) continue leading the topping process on NQ, anticipating the end of US QE in October. Visit goo.gl for...
