looks like we may touch that sss moving average, and then revisit trama. if we remain beneath this pivot i think the supports marked out are in play, and if we climb back above it the upper resistances are targets. we are inside the bar enough that a bounce could lead to bullish action, but still hanging low enough that if we break the previous sessions lows its...
i imagine that if we cross above this pivot hourly and beat TRAMA and SSS signal turning it green the QQE long entry will play out for bulls aroundupper gorizontals, and if we stay beneath those levels turning TRAMA back down hugging SSS signal lower remaining red i would look for lower horizontals.
we should visit SSS signal briefly, and then double bottom in vix. after that id imagine we have another quick ride up. uvxy often makes bottoms on the daily this way. upper horizontals if we stay over pivot, lower horizontals if we remain below.
i thonk a revisit of TRAMA 13 is in order after weve had nothing but red for a while now. upper horizontals if we cross above pivt, lower if we stay beneath. likely result is rangebound trading.
were off the lows for the session in the nasdaq, nq1!, and ndx, and creating a slightly higher low than yesterday. we have retested sss moving average, and nearly crossed signal to the upside. if we fall beneath pivot i would look toward sss supply area, and lower horizontals. if we stay above pivot and TRAMA i would look for upper horizontals.
nvda has made a quick return over the past couple months, and theres no reasont that if the broader market continues bullish that nvda should not participate. if we get higher lows in daily qqq i would imagine over $200 for nvda, or around the highest horizontal is in play. if we resist from the first horizontal and set lower highs daily qqq breaking pivot to the...
the 4hr picture on qqe and sss is short. the last time this happened we had to revisit some area of supply/movingaverage in order to continue. theres nothing saying the dollar cant squeeze and bitcoin experience a little snapback to recent lows, and i would be cautious entering long here hoping to bump higher on the weekly. the picot price ive marked out here in...
if we stay above pivot, there is nothing stopping the top of the sss supply zone from being reached, and qqe rsi signaling bull with a green sss on the weekly. if we pivot higher i would aim for upper horizontals, if we fin ourselves making a bear cross at this key resistance i would aim for lower horizontals if sss stays red.
im depending on this large cap value in tech to lead the way for the rest of the market as a bellweather in technology. if we fall beneath pivot to start testing sss signal as resistance and it turns red were headed for daily consolidation in tech and the broader market, probably testing that ma as support. if we keep a green signal, and hold pivot testing as...
weve bounced off signal sss and qqe has printed a long entry, we may rebound a little btcusd as the dollar drops some with broader markets targeting the 23600 zone
sss signal has gone back to red kn the hourly, and if we loose mid 28s were probably headed for mid 26s. if we regain the uptrend holding mid 28s and closing over low 29s id imagine we will revisit those premarket highs hitting 30 soon.
the reversal pattern is in if we close above the key levels marked out. we have tested this sentiment a few times in the past month, but each time its proven resistive. if that pattern turns green and we close in a bullish pattern breaking out of this wedge to the upside daily id imagine were in for the upper horizontals, and if we stay with sss and qqe in the red...
SQQQ is having bull readings from qqe and sss signals strategies. holding 52.62 and breaking 53.78 would open the road to high 54s if signal remains green in the bear nasdaq etf.
we may get a second dip around this sss movingaverage as qqe has returned toshort, and a right shoulder may be forming around a potential 11952.5 neckline. sss bands have tirned red and indicate we may dip, but id imagine dips are still for buying unless we roll over
tlm / usdt 2h x20 longg Comment on me and do not forget to like. Follow me to receive the next updates