IHS meme pattern with the yearly vwap being back tested. Full moon in a week. Send it. Now!
good evening peoples, been taking a peak at several of these charts, and things are looking absolutely primed for a massive move up despite the things going on in the world right now. i get that there's a war, rate hikes, inflation, etc; but hear me out. --- everyone and their uncle is trying to short the market right now- there's like 85% puts vs 15%...
Good morning traders, We are in a heavily traded area, with an over/under line at 4425 looming below. I would expect the market to dip down into that area today and try to find buyers. If we slip through, it puts us back into the lower distribution. Everything I said above is big picture. Don't get too zoomed in and feel like the market is whipping around,...
For 4/11 #es_f Jun * Y'day balance 4502 * ON balance 4461 * Weekly balance 4471 * Control 4428-4444* Stop Size * 13pts Longs above 4438 target 4457 then 4468-4501 * Shorts below 4438 target 4412 then 4385-4336*
There is a confluence of forces at play here..... This can go either way. Trading comes down to adapting to the environment you are working in. This is my trigger point,
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
ES Daily. First off, most traders are not economists. In fact, most retail traders are (ironically) financially illiterate. For example, can you answer the difference between monetarist theory and Keynesian Economics theory? Do you know the difference between a 10K or a 10Q? The reason why I'm making these statements is because most traders seem to confident in...
The cryptocurrency rally in Bitcoin, Ethereum, and Solana has stalled but Monero is actually continuing. The stock market this week will open at critical support. There may be one more opportunity to get into the Google and Amazon split rallies before they happen. Gold and Silver bullish breakouts have failed. Oil is sitting at a key support level.
Pictured above is not only the drawn chart, but the in depth written interpretation as well. Happy Palm Sunday, wishing you many blessings for the week ahead! Anthony
A dip further to 4321 is possible. A bounce from there could set up a move back to the neckline of an inverse head and shoulder formation.
I'll be looking at long trade continuations during the week, but firstly I'm anticipating the price to pull back to one of the indicated imbalances. If we find support there I'll be looking to add long positions and target March high and then higher prices/imbalances created in Q1 of 2022.
I'll be looking at intraday short positions for Monday to target sell stops marked with equal lows. I'm expecting the price to pull up above the Friday settlement price during the weekly kick off Asia/London open session, followed by the sell-off to rebalance Thursday's buy-side imbalance and then target equal lows. We'll see how it plays out ;)
ES1! SPX500USD 2022 APR 11 Week Last week 4525 presented long and short opportunities. Preference will be to short on retracement. Play scenario: 1) Test & Rejection of T+R area for short 2) Rejection of 4525 for short 3) Rotation play between 4631-4525 Weekly: Ave volume upthrust bar closing off low = some demand present. next bar will confirm if market...
I know it's so wrong but I'm so far gone Don't need you to tell me I'm so cynical Quit being so over-skeptical What's wrong?
Weakness forming in SPX futures, can see 4hr 200ma.
I think Friday's close creates a neutral zone trade. It is behaving like a market waiting for additional information to make a commitment direction wise. The overall bias for this structure is for continued movement to the downside. Based on the price set up I'm looking for a sideways move on Monday unless we get fundamental information that will create a directional move.
Indicators in the middle and no indication of direction for tomorrow. Just remember EOD direction is not a good way to determine gap direction. Could just be another mixed day tomorrow.
Good morning Traders, I explain something about markets trading around VPOC in the video today. Very important to understand where we are vs where weve been, so we can get an idea of what likely (not definitely) happens next. I'm looking for chop today.