Final week of month and quarter, with a long weekend & Holiday (4 day week, low volume, look LONG). NAZ in NTZ (no trade zone) at mid channel, will need to move up/down near KL for better signal. Chart: Thick white arrow is upper target, Thick yellow is lower, NAZ will need to move away/passed form either Shaded Zone and if not go with Opposite Direction Trade at...
CME_MINI:NQ1! Top of the Morning HOUSE! I hope everyone is enjoying their weekend and staying productive... I have developed this NQ SHORT as Buyers swept the Market HIGH and Sellers came in and dropped the market underneath a HUGE Daily Resistance Level...Here is what I want to see to go SHORT and catch this TXTBOOK break and retest play...Vibe w/ me 1) On...
NAZ once again with magical lift in the O/N to offset the Friday sell off or the previous O/N Pump/Dump. Am I the only one has noticed this? Now we need to se if the typical predictable 2nd half of the Friday-Monday Long Only pattern plays out today. Getting tricky as the pattern use to be Friday Long and Monday Long, previous 2 Friday's have gone lower with last...
Encouraged by a positive economic outlook and dovish signals from the FOMC, investors are diversifying beyond tech giants like NVDA & META. Confidence in the economy's resilience and the Fed's inflation management has broadened the market rally. Although the Mag 7 stocks continue to dominate XLF and XLE are near ATH and XLI remains strong. Small caps, which have...
Short Term Elliott Wave view in Nasdaq 100 (NQ) suggests that pullback to 18011.3 ended wave 4. The Index has turned higher in wave 5. Internal subdivision of wave 5 is unfolding as a diagonal. Up from wave 4, wave (i) ended at 18106.75 and wave (ii) ended at 18044. Wave (iii) higher ended at 18289.25 and wave (iv) ended at 18263.25. Final leg wave (v) ended at...
1. FSH 2. Imbalance below 3. 4hr bearish OB 4. 1hr bearish OB 5. 1hr SSL
How to train the eyes, to see the markets clearly and trade accordingly. This is a example from my deep dive archive, making these, archiving them and studying them, and deeply understanding them has profound effects on your trading. This post is not about the style you trade. This is about how you study to be able to apply your methods, methodically with little...
Using the Wyckoff cycle, NQ could be indicating it's ready for a markdown phase.
Overbought and AAPL is dead red today. It's down so much, it's knocked over a dollar off of QQQ. I was gonna fade the gap this morning, but bought a few AAPL puts instead, glad I did, looks like I'll make some money this week after all, lol. Next time, I will NOT underestimate the Village Idiots (the Fed) and just go long. Oddly, I'm glad I didn't because AAPL...
CME_MINI:NQM2024 - PR High: 18585.50 - PR Low: 18552.50 - NZ Spread: 74.0 Key economic calendar event 10:00 | New Home Sales Starting week with daily inside print - Ranging inside Fri and Thu range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 248.36 - Volume: 23K - Open Int: 253K - Trend Grade:...
Daily uptrend, 4hr demand entry into new highs, targeting 5:1 RR.
Set up provided, check out the short video for an explanation.
So, as everyone else I constantly look for better entry models. This one tops the cake and I believe it will be what I use the rest of my life.
All in chart..! I think the Nasdaq will make a small correction to its previous bullish 62-leg level
It is hard to cast a bearish sentiment and never popular in a bull market. While bulls are an excellent thing and easily bring the increase over long spreads of time, bears IF encountered take one swipe causing massive injury just before they stomp and ragdoll its victims in such a way most don't survive. Bear cycles are very fast and hard in comparision to...
Hello Traders Outlook: Daily Chart Summary: NASDAQ's recent action: Cleared sell-side liquidity in the daily Fair Value Gap (FVG). Activated bearish breaker block by closing below 18233.50. Bullish Scenario: 4-hour chart insights: Trend line liquidity intact. Buy-side liquidity remains untouched. SMT with S&P500 and Dow Jones trend supports upward...
My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside Liquidity - Order Blocks - Liquidity Voids - Fair Value Gaps - Optimal Trade Entry - Premium/Discount Array - SIBI/BISI - Many More! The strategies mentioned...
The month of March starts with the bullish momentum from the previous month Feb 2024. February closed with strength while creating a new ATH which I expect March to breach with ease. I will like to note: Monthly candle started on Friday March 1.2024 This is only of importance for the next sessions of intraday. Weekly candle has not closed yet. I will add...