US30 just stop these after hours movements. So tired.Dow Jones Industrial Average Index forum
US30 just stop these after hours movements. So tired.
US30 Last Call for This Session:I wrote earlier this month about an Anchor Bar that's a very tall candle created on high volume and is a climatic move. We have a ginormous Anchor Bar that formed last Friday (identified on the chart). The bar's high is at 45,689 and low at 45,203, which comes to 486 ticks (points).
What's the big deal? Well, an Anchor Bar can contain price action between its high and low until a breakout from one of its ends. If there's a breakout at the high of the Anchor Bar, that would be higher than 45,689. And, if the breakout is at the low end, it would be lower than 45,203.
US30 Wanna See Something Cool?See the outline on the Hourly chart below.
Last's Friday's ridiculously tall bearish candle created the 1st leg that was the long bearish trend and what we have now is the last and 4th leg that is the long bullish trend.
US30 All this back n forth today + 
VIX potentially finding structure at this price level = meltdown.. 📉 Im still feeling hopeful on buys but right now, sells might be the more profitable move though you may make some coin on the short term buys.. This is all so epic lol, my eyes are starting to work now. Freaky ain't the word.US30 I will add: See how I was primarily bullish but drew up a plan for sells as well? The minute you stop trying to catch these screenshot-worthy moves, predicting and trying to be all wizard w it is the minute it all starts to work. VIX held its line today. Sells or buys tomorrow? I don't know. However, I will also say that the VIX opening price in relation to its last closing price determines everything. Today we opened above Friday close, ventured down a lil past 15.43 which yielded the sweeping buys we saw today on the other side.. Then we came back around and left a wick downtown. We might just open above today's closing price and find structure along the most recent bearish order break formed along the vix which can start a minor meltdown.. Or we can break past that level and yield a short-term buy; as desired for today's overall outcome. There's still time left to the session so we can continue down from here on the vix to the next level of 14.81. My other concern though is seeing that current price level of 15.43 is the second level of my fib and it looks like we're finding even structure across that floor. (Will share chart later.) We flew high an hour after the bell on Friday from that level which in return yielded the sell in the
US30 on Friday.. If we bounce from here and continue going up? ooof. 🥴🥶📉.. Anywho. In theory: The crash is eminent. The fish market is getting more and more rank.. The war is won upon open is the only way I see it... It's really a "theories" game and finding yourself on the right side of the fence as you compare your instrument of choice vs the VIX.
US30 If the bears on the Hourly reject the Inside Day's low of 45,268 (shown as an orange line), then up it goes for a breakout at the pattern's high of 45,514. But if the breakout at the Inside Day's low does work out, then more moves to the downside.
US30 well would you look at that! 🫡 +++ Have a good one.US30 my shares are free money lol. I'd never have to tack a chart to my posts really. It's all just a chain of actions going on that one needs to adhere to in order to understand what MIGHT happen over the course of the day. From there you trade technicals exactly how you do it and if you DO follow your rules, how can you lose?US30 Let's see if the bulls have wings to fly past the Bearish Trendline (in red dotted line). It's a possibility. No guarantees.
US30 HMM, till 45230