With the weekly 21ema pointing straight up, I am looking for pullbacks for another higher low buy opportunity. One range expansion of the 2022 high/low will put it at 45,000 as the bare minimum target. I have a target area of 95,000-115,000 in the year 2035. I believe price should stay above its rising quarterly 21ema for the remainder of the bull run higher...
After two weeks of consolidation at a rising weekly 21ema, last week's weekly candle broke and closed above both. I don't really see any pullbacks coming soon. First target is of course 40,000 but I plan on holding for awhile as I believe this move just got started. I can see 50,000 in the future as well.
Massive spike out attempt on both buyside and sellside on the weekly timeframe. But in comparison to CME_MINI:ES1! and CME_MINI:NQ1! , CBOT_MINI:YM1! has been stagnant for the past two weeks. Last week, I was expecting lower prices but the $38,100 manipulation that occurred was something that I thought would hold and we would see a candle body...
Today closed at the end of the session with a bearish engulfment and a pin bar wicking into the top 50% of said engulfment. I am seeing the 21ema start to flatten out and possibly roll over with massive space between the 21ema and the 200sma. Friday I think will be a choppy/range with a slight bullish tint to maybe take out Thursday's high and make another hit...
Just experimenting with the angle of the 21ema and the likely move out of it. I have seen about 4 different angles and 4 different bull moves Strong Explosive Moves with 70-75 degrees Decent Moves with 60-65 degrees Grindy and choppy up moves with about 45 degrees Most likely a pullback with 10-25 degrees
Inside the daily rising wedge, price is making a final hurrah before it will roll over. I have marked with the blue line as the important 0.85 fib retracement level and I expect price to have difficulty around this area. NY will open with a sizeable gap from yesterday and I believe it will be a range type day
This Analysis will predicte next movement on YM... predicte 1000 point !!!
Zones based on multi-time frame, highs and lows, OB's and IBs.
In the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading. Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones. The basic concepts discussed are : - Momentum - Price Action - Candle Analysis - Multi-timeframe Analysis ** If you like the...
I just now noticed that from 2017 to 2020, that it is a miniature version of what is happening on the long term trend. This same pattern played out back in 1962-1980 The mini version of 2017-2020 is the same as 2020-2035 Compare it to this mini
Now that the top is in, the Daily 200sma will start to roll over and start a downward trend. The left shoulder is complete The head is complete Now we are waiting for the right shoulder to form and to complete with the neckline I am expecting the right shoulder to rally back up to the 0.85 fib level and fail. My target is the 1.25 times range expansion at...
As the bears stormed into the market following the release of the CPI data on the February, 13th of 2024, the impact was felt across the board. The surge in bullish sentiment propelled the market late afternoon New York session, causing a noticeable shift in momentum. Investors and traders alike found themselves navigating the fluctuations with keen...
After the violent spike down into the 200sma ( Bearish ), the 21ema is now in charge. It is declining so that means to pay attention to only bearish candles as the new trend is down. Any and all bullish candles are to be ignored. The gap between the bodies of the candles and the 200sma tells me they are to return. If price stays in the lower 0.33% or lower...
The 21ema on the 4 hour is flat Price is pulling back into the flat 21ema Look for a bullish surge off of the flat 21ema Can be aggressive and enter short on the close of the CPI 4 hour bar at 10am EST with the expectation of no follow through Can be conservative with a sell limit at the 50% mark of the bull surge bar. Targeting the demand candle of January...
Of the three stock indexes; - CME_MINI:ES1! - CME_MINI:NQ1! - CBOT_MINI:YM1! CBOT_MINI:YM1! Looks to be the pair that's frontrunning the sellside narrative as it is the 1st of the three to reverse and reject all-time highs @ 38,992, closing the week as a bearish doji candle whilst CME_MINI:ES1! and CME_MINI:NQ1! close out bullish. Is this a...
Hello, We identified a buy signal with high probability on Dow Jones (5$) futures in the 4-hour chart for a target of $38360 within a few hours (short-term investment). Ibrouri
Possibly getting pushed hire. Maybe CPI Data will contribute tomorrow. I do think there is a strong pullback in the future but I don't have a crystal ball.