BG has been showing strong upside signs with moving averages crossing up. We also see a potential Cup and Handle which strong upside to $127.57. However, it's formed with a GAP... And as I've mentioned with many analyses, Gaps tend to close 70% of the time which could bring the price lower. This makes this analysis a medium probability trade where I'd only risk...
Two double tops can be identified along the top line A lower line plotted parallel to this curved line allows for a possible bottom point which coincides with 2.618 Fibonacci circle, which was seen as a level of support. This could also be marked as 0. A middle line (0.5) hosts the bottom for another double top structure, lets see if the recovery pattern in green...
A strong Fibonacci circle trend line can be drawn, this is validated by the bottom along 4.618 Another trendline can be drawn along a down period that has been broken out of and under an attempt to move out of 1.618 Very bullish
Buying Pressure within Market BReadth is declining overall, while breadth is narrowing on the Gamma concentrations. We anticipate a decline setting up nearer term. 200SMA trap and gap on weekly closing or is more time required. _________________________________________________________________________________________________ Retail traders' juices are flowing...
Provides entry for Scalp in an expanding range with severe management, no real panic in the Tick @ -1400. Algos managing the decline to avoid a severe warning. Buy the Dip and the Media's Mantra is wearing thin, so Operators will control the Skid. - 1000 Tick in Trade now. - 1400 to - 1600 should provide a Low.
A complete disaster all day for the US ECONOMY aka the Equity Complex. There are far too many depressing comments in Traders Forums everywhere one looks - claims of suicide, anxiety, severe depression... Sad, very sad when people lose hope and it's hinged to a bunch of Criminal Enterprises. Unsure when the lesson is learned but apparently the apathetic...
Analysis for VIR Two falling wedges can be seen to have formed in this current down move As in the previous down move, price temporarily moves out of the channel before moving back up This is what's occurring now with this second falling wedge I do expect a big break out at this huge support area
Trendlines down can be directly seen to be acting parallel to each other With price being above each of the down trend on each It looks like the 50MA will be the savior for price very soon Trending downward -> Soon to be bullish
Selling Pressure has been the order of the Day for the TICK. We need to see -1400 to -1600 for a low Tick. That is ahead on Panic. The High Tic was another Entry into the Day's Trend @ 10:30 AM EST It was near the HOD for the ES YM NQ RTY a few minutes apart on the 1 Minute Tick.
Rules are contained within the Chart Frame. The TICK has ranged tightly for the TICK. Usually, we see larger extremes beyond 1000+ TICKS. Operators are attempting to Tamp Down VX while grinding higher. ONLY TICK Extremes are to be bought or SOLD. A new HOD Tick from 1130 AM EST to 1:30 POM EST can indicate HIGHER TICKS WILL FOLLOW to 3 PM EST. The Pelican...
NYSE TICK provides information as to TIME and Potential Pivots. Notice when the HOD TICK occurred. +400 - 400 Ranges are the CHOP Zone. ___________________________________________________________ There are Independent TICKS for NQ and a host of other Indicies. Learn to use the TICK for Entry. WHEN WE SEE THE TICK DIVERGE.... IT IS VERY BEARISH TODAY IS...
Timing Entry fro RTs USE this indicator for entries into a Retracement Potential intra-Day. We will see a retracement this week, it is all but assured. Pricer can head lower First, but we use the Time's Indicated for Reversals. A low Tick of the Day between 930 -10 AM EST is usually a good sign Price will retrace up. This should be on every Traders Micro...