tradingrange

Good morning, traders. The D3 candle closed as a massive bullish engulfing candle which confirmed the reversal indicated by the previous candle close as a bullish hammer. Yesterday's D3 close also confirmed the hidden bullish divergence on that TF. This should indicate further movement to the upside. Additionally, the weekly is in the process of confirming hidden...

Although many Dow 30 components had a severe sell-down in December 2018, most have not gone up further than the previous highs. UTX is such a stock. It has now officially been range-bound for over a year, as it was range-bound before the December collapse.

Hello traders, This is my first public speculation on gold so take this with grain of salt like any opinion but this its what I see . I normally trade cryptocurrencies and post about crypto but some assets I can trade with BTC and AU its one of them. I did made some profitable trades going long in long trades and going short on gaps. I'm not a big...

DIS has slipped down after reaching new highs on the short-term trend. The stock gapped up in April with a Shift of Sentiment™ indicator pattern. However, Dark Pool Quiet Rotation™ has been weighing heavily on price in recent months.

NKE shows price has compressed into a tighter candlestick pattern formation near the highs of its long-term trading range pattern. The compression has minor Dark Pool Quiet Rotation™.

ADP has shifted to a Platform sideways candlestick pattern, and is experiencing some Dark Pool Quiet Rotation™. However, there is underlying buying activity of Smaller Funds, Professional Traders, and Investors. The candlestick pattern is compressing on the upside of the Trading Range at this time.

PEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.

MU is in a Trading Range pattern at this time. The compression of that candlestick pattern in August is showing signs of heavier Dark Pool Quiet Rotation. The large lot long-term investors are slowly lowering inventories on MU over many weeks, and this increases downside pressure.

Trading in Trading Range.

Good morning, traders. Price finally began pushing up a bit later into the evening, yesterday. I'm still looking for the $11100-$11200 target. But traders should make sure they're watching the yellow box. That's $11050-$11250 which is the ascending light grey dotted channel resistance to the descending red dashed 2.5 month resistance. Based on the height of the...

Good morning, traders. Nothing has changed since yesterday's update. My expectation remains to see price targeting the green daily supply/R2 pivot/descending resistance area and ultimately $12000+. At this point, the H4 chart shows us that the only thing that has happened is that price has been consolidating at the local TR's resistance/R1 pivot as we would...

Good morning, traders. Price has continued to follow the path outlined in Friday's analysis. While I did not post publicly yesterday, since it was our holiday weekend in the U.S., I did leave an analysis for our premium Discord members. At this point, price is confirming the weekly and D3 hidden bull divs. RSI is now above its resistance on the daily and D3, and...

Good morning, traders. While Kraken didn't register a bullish SFP at daily close yesterday (missed it by $6), the rest of the exchanges did. So we should consider Kraken an outlier. With an SFP printing yesterday, price should head higher, and so it has into today. However, volume remains lackluster at this time. There was a spike in volume right before...

Good morning, traders. Yesterday I spoke of the short term possibilities based on current action and how it could lead into longer term possibilities. But I warned you to take it one step at a time. So here we are today and not a whole lot has changed in the overall movement of the asset. As such, we will zoom out once more and pay attention to what I feel is most...

Hello dear traders, Let's keep it simple. In our previous idea, we had considered a retest of the 10100 zone before initiating a move of a higher magnitude. The area acted perfectly as support and we closed this very short term trade with good profits. Let's proceed together to a new analysis: Trading plan: - Daily close >10400 and I think we will see...

Good morning, traders. Price may have bottomed out this morning at $10033 which is just below the general low I mentioned that price may hit before reversing back up. I'm not a fan of the expanding volume on the individual drops, but overall supply volume has continues to contract significantly through the entire move down from August 25th's swing high suggesting,...

Good morning, traders. With price continuing to consolidate, as mentioned last week it's more important for traders to zoom out. The daily shows us that price was printing lower lows and highs until the June 17th swing low. Since that time, price has printed higher lows and highs. However, price has moved sideways for the past two weeks with price printing wicks...

SPY Linked below is a diagram pic of the Long-Legged Doji printed today. Initial analysis still stands as of now, but break above the top of doji shadow printed today would put a temporary halt on downward momentum in my opinion. Until then, I will continue to short an rallies daily until my target area is reached or the conditions change. Happy hunting and GLTA!!...