It is a pullback
The bullish flip on the higher timeframe is getting ready for the first scalp
We are still bullish on the overall higher timeframe
But for now we are expecting a pullback and perhaps new all time highs after NFP tonight.
I see the NAS100 fighting to break above the long-term trading channel resistance since 2010. The AI FOMO has pushed things up quickly this past year. Will a broadening rally from the rest of the market push it above the channel like during COVID? Hard to know right now. I see and feel a lot of the same FOMO as in 20-21. It could just keep working its way up along...
Good evening and i hope you are well.
Today bulls got another very strong day and either retested the highs or made new ones. ECB paused as expected but markets did not care one bit. Just bullish price action since EU open. Tomorrow more macroschmackro data which could lead to big spikes on a choppy week. I can not rule out market will interpret numbers bullish...
Aight boys Just Entered a short based on a 4HR Bearish OrderBlock, SMT Divergance in YM+ES and have taken TP1 And Placed my stop at BE
Entery: 18354.5
TP1: 18293.5 (5M Equal Lows)
TP2: 17985 (1HR Bullish Orderblock)
TP3: 16984.5 (4HR Bullish Orderblock)
Executed In: CME_MINI:NQ1!
SMT Divergance 1Minute : CBOT_MINI:YM1! CME_MINI:ES1!
SMT...
NQ and ES left those clear equal lows behind. The change in the state of delivery showing that it will seek for a premium array first.
The question is:
From which array will it decline?
Invalidation is when a 4h candle closes above the breaker. if that happens, all time highs are the target, but that is another topic.
Ok be safe byyyy
I expect extension of NQ (MNQ) previous weekly candle to the upside. It is bullish on DaiIy. I assume that weekly manipulation phase to the downside in the context of "Power of 3" is over.
Bullish breaker on 15M after taking previous day low and Asia low. If I get an entry I will target previous day high.
i'm looking for price to go to 17826.00 which is the blue line which means were going down tomorrow and if not tomorrow Friday for sure going to be using my model that I am currently developing to get in the trade going down.
Entered bear channel and at least a potential retest of demand zone. However could also be a diagonal upward. Look for lower highs and lower lows on the lower time frames (5,10,15,30) to confirm this trend.
Good evening and i hope you are well.
After yesterdays bear surprise (no new ath - big surprise), we got an expected inside bar on most daily charts. I expect another leg down this week, followed by more trading range price action (could chop before too though).
nasdaq
bull case: Bulls want to reverse the sell off from Tuesday and keep this a trading range at...
I guess I should've known they'd pump futures overnight because NQ hit oversold yesterday. Be careful holding anything overnight though, ECB meeting tomorrow premarket.
Probably just staying out, I think it's gonna be a whipsaw day
