10Y & SPX. Should we or should we not give it a big of a thought . The chart says that it will only be a little hiccup along the way. Ryan's Data shows high interest are good for stocks historically !!!
Three probable Elliott counts at this point and a Doji with 56 % success rate since 2016 : 1/ Motive leading diagonal. 2/ ABC Zig Zag. 3/ Flat
Market has been trading around lower half of yesterday's session. Any test of yesterday's Close could provide direction for the day. Level to watch 4569 --- 4567 Report to watch: US: EIA Petroleum Status Report 10:30 AM ET
Price remains inside the Diamond's lower bound; Losing the 2 hour MBB with a bear back-test of the 8 EMA. Support was found in the premarket with double-bottom at the 5 min, LBB. The next support is below at the 2 hour LBB, a mark SPX found during the overnight session.
101 Technical &S pattern. We could cool down a bit even go back and touch our support based on a previous low then clip the ATH into this pattern's target.
I will keep this post short, so you can get a general idea of this trading style. First of all , we have a situation where the price could not make a new ATH in 200 days. It's important to notice that we can draw a clear structure with well-defined limits because the price stayed in a clear range between 146 and 114 Now that the structure is clear, it is easy...
Im not much of a bear... sike, its due to the fact that we are up 590% from bottom to top since the financial crises in 2008. Almost a century ago saw a 500% run up from lows to ATH's Generally when something goes up on whatever positions you hold its a good thing. Everyone is chasing the same thing and that gains however you acquire that. With that being said...
Summary: Markets opened with a rally on higher than expected Consumer Confidence and New Home Sales data. The rally faded late in the morning, weighed down by Facebook and worries over inflation. Notes Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- ...
I think it's reasonable to expect (ivO pull back from here. But there's a possibility of re testing the early October low again by means of expandable flat (B) Something to think about.
The world leaders have begun to create a synthetic crisis. This crisis is far scarier - the energy crisis. It is not an accident that coal-fired power plants in Great Britain were not just shut down or canned. They exploded it without any chance to rebuild. It gave the island 44% of its generation in 2012. Britain is developing a plan to build a 3,800 km long...
AMD - Measured move complete. CRM: Top of channel around 300. Scaling into some put spreads from here on up. TQQQ:
Hello traders and investors! Let’s see how the SPX is doing today! The index is going up nicely, but the candlestick in the daily chart looks enigmatic, as it is almost a Doji. The long shadow above the daily candlestick is annoying for sure, and kind of ruins the bullish momentum. Since October 13, it seems the index deserves a pullback to the 21 ema again, at...
Over and over we see the same patterns for Highs and Lows. The Reversal Periods remain pivotal. A disheartening day for the NYSE OPEN / 10 AM Inst. OPEN chasers. May we have another please.
It's a melt up so you know what Imma gonna say.... Overbought again, lol MFI divergence, but I think FB earnings matter more than anything else tonight
Advise you to also look at the $ACB $LBS2! $SPCE ideas published below These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
We could/might see some spike in coming days we have the diver on all time frames only the daily diver is not happing yet. Stay nimble for a possible dip or a pullback in SPX.
Market has a tendency to PB after hitting ATH which we have not seen yet. Any test of ETH High could provide direction for the day. Level to watch 4576 --- 4574 Reports to watch: US:New Home Sales 10:00 AM ET US:Consumer Confidence 10:00 AM ET
The VIX continues to support the Equity Compex Indices moving in a Vertical Price Extensions. VIX support, for now, remains @ 17.95. The ES Price Objective is the 4583. The price traded to an FR of the 4580.75 Level. A Gap Fill would require 4558.00. It is at this Price Level for the VIX, we can anticipate the larger potential for a Micro Reversal. 18.75...