liquidity swept and a change of character occured so we wait for retest to enter on longs as a quick scalp trade.
CANO is shown on a 15-minute chart now set for a long position with comments on the chart. This is a VWAP band breakout with a volatility spike long trade. Stop loss is about 70 cents, targets are 70 cents, $1.40 and $2.10 for 33% each and a reward of $2 for every $1 risked. Options are available for one and two months expiration.
CME_MINI:NQH2024 - PR High: 17627.75 - PR Low: 17606.00 - NZ Spread: 48.75 Key economic calendar events 08:30 | Core Durable Goods Orders - GDP - Initial Jobless Claims 10:00 | New Home Sales Prev session pushed ATH, close print for daily reversal - Holding prev session close Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open <...
CME_MINI:NQH2024 - PR High: 17578.25 - PR Low: 17551.50 - NZ Spread: 59.75 Key economic calendar events 09:45 | S&P Global US Manufacturing PMI - S&P Global Services PMI 10:30 | Crude Oil Inventories Continuing to push the highs - Break above prev 2 session highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session...
AMEX:XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction. XBI is a somewhat volatile bio-tech ETF. This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY. Here...
CME_MINI:NQH2024 - PR High: 17474.25 - PR Low: 17450.00 - NZ Spread: 54.25 No key economic calendar events Daily print showing reversal potential below 17400 - Low volatility session open Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 220.99 - Volume: 23K - Open Int: 288K - Trend Grade: Bull - From...
CVNA has broken out of a wedge on the daily chart after carving out a nice bottom. 40% short makes this a very appealing squeeze candidate. Let's see how it closes!
CME_MINI:NQH2024 - PR High: 17524.75 - PR Low: 17440.75 - NZ Spread: 84.0 No significant calendar events Pushing ATHs (QQQ - NDX) - Back adjusted futures high Nov 2021 Evening Stats (As of 12:55 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 231.89 - Volume: 47K - Open Int: 296K - Trend Grade: Bull - From BA ATH: -0.8%...
This is a daily Boeing chart with the idea on the chart in the text. There may be a good entry before earnings using a stop loss under the POC line and an ultimate target of the projected trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation and its sequelae. A megaphone pattern demonstrates increasing volatility in...
CME_MINI:NQH2024 - PR High: 17152.00 - PR Low: 17107.25 - NZ Spread: 100.25 Key economic calendar event 10:00 | Existing Home Sales Another volatile session open creating super wide NZ spread - Continuing to lift daily supply - Peaking above December high Evening Stats (As of 1:55 AM) - Weekend Gap: -0.05% (filled) - Gap 10/30 +0.47% (open < 14272) -...
EURUSD Short Idea Utilizing London Session Area Of Imbalance in New York Session.
CME_MINI:NQH2024 - PR High: 16861.25 - PR Low: 16833.75 - NZ Spread: 61.5 Key economic calendar events 08:30 | Initial Jobless Claims - Philadelphia Fed Manufacturing Index 11:00 | Crude Oil Inventories Dipped below weekly inventory prev session - Maintaining week range, initiated 1/11 - Holding value inside key Dec range Evening Stats (As of 12:05 AM) -...
CME_MINI:NQH2024 - PR High: 16981.25 - PR Low: 16966.50 - NZ Spread: 32.75 Key economic calendar event 08:30 | Retail Sales Opened near prev session open - Similar inventory decline as prev session - Lower NZ spread - Volume returned to normal Evening Stats (As of 12:05 AM) - Weekend Gap: -0.05% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open...
CME_MINI:NQH2024 - PR High: 16966.00 - PR Low: 16933.00 - NZ Spread: 74.0 No significant calendar events First trading day of week following long weekend - Expected heavy early volume - Wide NZ spread from open session vols Evening Stats (As of 12:05 AM) - Weekend Gap: -0.05% (open > 16965) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 216.88 -...
In the early trading hours, Gold prices fluctuated within a tight range, revealing a consolidation pattern underpinned by a rising support trendline, indicating a bullish sentiment among intraday traders. The price action presented a notable rejection at the resistance level of 2063, as depicted by the long upper wick, suggesting a temporary overbought condition...
TTM squeeze signaling beam is likely getting ready for second leg up to continue trend up. Beam has now one month long consolidation in this current price range, after the previous squeeze & expansion, which made beam reach $1 billion market cap Price targets from trend-based fibonacci extension for now, but I am expecting beam eventually to go near $10 billion...
FTM coin price will surpass the $1... More precisely as long-term savings
CME_MINI:NQH2024 - PR High: 16963.25 - PR Low: 16941.00 - NZ Spread: 49.75 Key economic calendar events 08:30 | PPI Huge swings prev session virtually closing flat - Maintaining prev session close range Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 213.24 - Volume: 25K - Open Int: 280K - Trend Grade:...