Looking for a week to let out some fluff and find new buyers going into the first full week of April before another sell-off down to 4100 possible 4000 before April is over. I do think it seeps into May where we may get another jump up towards the end of April, but we will see where we are at with rate hikes, inflation, etc. For now, I am eyeing 4380 as the weekly...
Watch 4454 moving forward as we may chop at this level before a retest of 4350. They may want to push ahead to 4580, fail, and then go test 4350, area. Look for 4454 to hold moving forward for a test of 4580, and then possible drop. Want to see how tonights Europe session goes with peace/no peace talks.
Watch 4454 moving forward as we may chop at this level before a retest of 4350. They may want to push ahead to 4580, fail, and then go test 4350, area. Look for 4454 to hold moving forward for a test of 4580, and then possible drop. Want to see how tonight's Europe session goes with peace/no peace talks.
TSLA looking like under 825 (Fridays low) and 815 (Last week's lows) could get $800 and ultimately $750 if market does want to test the downside of the ES_F 4200-4520 bracket we've been playing in for a month or so now. Shorts should work IMO
ETSY setting up for a nice face ripper, but with the premiums on it, you gotta catch the downswing reversals. They could give us another bite at the apple around 134 if we gap down at open tomorrow. Looking forward to watching one of my favorite companies go for it!
Looking for a drop tomorrow into a buy zone of 780-792 to see if we can get a nice lotto and possibly add to our current swings for March 18. Break back over and hold or a daily close over 802 looks like a test of 850 this week!
Looking for emini futures to continue the upswing towards 4700-4800 as we get an early week pullback. The only thing that can stop this is a Nuke being dropped. There will be volatility, and there will be red days in there, but overall market will get to 4500, chop chop chop, then finally get the fed to increase bps and we rocket off that.
AAPL holding in strong, but may get a punch down to the 100D EMA. Not a huge EMA trader, but I have had more success using them to the downside than upside. I may try for a short to that area. Watch for the levels!
Q's looking weak going into this week and max pain presenting itself. Ideally would like to create a higher low on the macro level to find a generational buy and bounce back to last weeks highs. Traders gonna trade and levels are in the video! Good Luck!
VIX looking to pop again during the week. Possible to see a relief at the end of the week after running hot all week. Most likely a higher VIX will bring about weaknesses in equities. The Fed is in a tough spot.