This week we are about 400 points from reaching the all time high. Since the middle of November the price action has made considerable structure of HH and HL. Starting in December, we saw LH and LL form which were broken last week Friday leading to a gap up. Previously gaps up indicate prices will move higher then fill in the gap later in the week. However, this...
CME_MINI:NQZ2023 - PR High: 16114.00 - PR Low: 16082.00 - NZ Spread: 71.5 Key economic calendar event 13:00 | 10-Year Note Auction Highlight for the week: Bonds and FOMC Trading in prev 2 week highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 213.00 - Volume: 20K - Open Int: 226K - Trend Grade:...
This week - I call manipulation week. CPI, FOMC, PPI all in one. I'm expecting a lot of movement. I am anticipating Tuesday or Wednesday Low of the Week Profile & am finally one sided on NQ being bullish. As a reminder, I am still bullish on Bonds & Bearish on yields.
Looking at NQ we are currently playing out the last phase of a MMBM (Market Maker Buy Model) Looking at the week ahead It looks like we are wanting to complete the MMBM. I would be looking for a sallowish retracement into the PD arrays shown here. If we want to complete the MMBM I would be looking for price to follow the blue line. If we in fact don't end up...
Tonight, Sunday night in GLOBEX we are seeing selling. As I explained in my last chart I expect us to go UP tomorrow selling is probably like this until the wee hours of the morning when we go UP IMO
want to see price go up and take out the old highs
Looking for a sweep of the Buyside liquidity into next week after a bullish continuation. Looking for expansion to the upside. Will need a bearish daily close to change bias.
The elliot waves i have explained on the chart, with fib extenion levels of .127, 1.36, 1.50, 1.62, 1.78, with 1.5 being the mean. there are numbers up to 2.44 and higher... As i have explained before at any instant there is a 50/50% chance of going up or down, all other indicators i have seen, except Squeeze pro, and EWT 80% chance of success. So be ready for...
The purple box represents the full Diamond Top EW formation, and the recent attempt to go to ATH on November 22 at 06:00 hours I thought this looked like it was rolling over, but i can see a 5 wave EW, elliot wave setup to go up to ATH or at least the last attempt 11/22/23 Based on Elliot Wave Formations i count, and using fib extensions i could see us going to...
This impressive three-week run may necessitate a reset to gauge where the bulls, currently in waiting, are looking to enter. The question is: how far back will they reach to pursue all-time highs? Bull Case: Observe the order block; this is their location. There's not much further to search. While it may not be ready just yet, the possibility of consolidation...
Gap ups/downs are a strategy used to overcome stubborn levels. The most recent contract rollover is no exception. Opening way above the inflection level guaranteed a bullish session for the NFP day (12/8). The market is positioned for an upside continuation. We may still see some consolidation in the upper part of the channel, representing a clear bull flag...
Hello I have inserted my personal work chart for this am so I can share exactly what I'm looking at. I just discovered this today. There is a gap below current price that should be watched. I don't suspect many are trading today but if you are, good luck. Also be mindful trading view is rolling over contracts automatically on charts EARLY and this will give...
We could possibly see a return to here then a drop We will wait for a reaction Don't just instantly make a sell here Wait fir it to react
Nasdaq heading for Buyside Liquidity @16409. But expected to clear reverse on IFVG at 16025 before that
CME_MINI:NQZ2023 - PR High: 16028.50 - PR Low: 16016.00 - NZ Spread: 28.0 Key economic calendar events 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate Back inside prev week range yet again - Daily print painted as a pivot long - Marking for a breakout above 16183 supply Evening Stats (As of 1:55 AM) - Weekend Gap: -0.05% (closed) -...
Hi all, Currently, it is in the range 15.7 - 16.2k. What to look out for. 1. If it dropped below 15.7k, MACD would trigger bearish divergence. 2. big resistance is around 17k. What to hope for. 1. consollidate in this range for a while then can break up. 2. likely that it would reach 17k. 3. need to wait and see if it can pass 17k. Personally, i do hope it...
Here a new short idea on the tech sector through the NASDAQ index. After a good bullish scenario due to the break of the trendline, we have now reach the last high and struggle to break it properly. The 16060.0 had been strongly rejected and now we could see a bearish momentum to see some lower levels. As usual, here is my most optimistic target but of course the...
NQ Buy 15865 (071223) Refer to chart for trade parameters.