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JP_Tru Updated 

The rapid decent of Bonds from 129 was telling. Yet while most think that we have reached the bottom there are indications that this is not the case. WE are currently here: ZB is making a retracement, I think we can see a price rebalancing up to 120'22 The potential Highs at 121'31 will lure Buyers, yet a rejection of these levels will have serious indication...

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Its true but while Bears are salivating on these moves there is still room to hurt them and liquidate some of their accounts. Bullish structure has not been broken for one. Yes Price will gap down opening next week. But a possible bounce can be found anywhere around 4556...so keep your eyes 👀 opened. My advise TP the majority of your shorts and you can watch from...

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Now that we are here...this is a price of attention since the Bearish retest should stop here and then continue downwards. We now are seeing a decline in the micro Bullish trend of the Dollar. Where do we go from here? A Bearish continuation for the dollar can only spur HH for equities is that even possible? PA will tell

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The title said it all! I am expecting a bullish Dollar which will make everything else bearish. Look out for confirmation....

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Important level here 👀 Look out for PA If price continues to push upwards we could see 16579. A rejection of this area could start a series of chain reactions starting with the target at 15065

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Incredible to think with the Dollar bouncing Bullish that the price of Gold will rise but that is what the PA is showing and I do not argue with that

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We are at a point were speculation can take over reality and I am hesitant in picking a direction specially when we have PPI coming out tomorrow. Still today I was expecting for ES to take out its highs at $4498 which it did, but I was also looking for a stronger rejection that the retest we got. This is due to the Dollar weakness. Tomorrow Thursday is hands off...

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Yesterday we spoke about the Dollar weakness and how that will affect the equities markets. As expected due to the strength of a weak dollar 😉 NQ broke the Highs it had stablished on the Hourly timeframe a $15432.00. The one thing we spoke about and speculated we would see today did not become a reality. We were expecting once the highs were breached for price to...

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Dollar weakness has been a relief for sore eyes 👀. Why? Well Dollar weakness usually comes with the rise of all other correlated pairs alongside t the equities market, as we have seen since yesterday Tuesday July 11 are aiming at new Highs. Expectations are for Dollar to reach the target of $99.5522 It is showing a very strong selling pressure and we will take a...

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Expecting a green day Tomorrow with the retest of 4031 and 4051...leaving the possibility of a future push towards 4072 and even 4095 if we have the juice. I see a well defined down channel on the daily and 4H and will expect price to stay true to this. on the flip side if price breaches 4002 once again 3979 might come swiftly and possibly a test of daily POC at...

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beautiful close for todays S&P 500 Futures Buyers closing the day with strength

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What does CPI data do to this picture perfect chart?

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We have witnessed the resiliance of investors with the determined buying of the S&P FUTURES and the market as a whole. The close with strength above 4055 was a huge victory for Buyers their next target and obstacle will be 4093. Macro Downtrend has been broken, Can buyers hold?

JP_Tru Updated 

After breaking thru a contested 4006 Sellers made several attempts at bringing the price down. These attempts where rejected at 3969 Unable to maintain the selling pressure, buyers took the initiative and broke 4006 stablishing a High in this uptrend around 4028. This leaves us with the Range that will be tested form 4026 to 3991. What might determine this is the...

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We have watched Futures price unable to climb above resistance at 4002. Today buyers gave strong indication that they were not ready to let price reject and drop form here. Closing the day with strength above 4000. What can we expect next? Next target for Futures is 4090 and 4132 If price is able to build above resistance near 4090-4132 we might see a push to...

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Bulls found some sort of solidarity in the FEDs minutes today. And showed it with a strong stance by buyers closing the day with strength and displaying the majority will of todays retailers. And their desire to reap profit from this shopping season . We need to consider that the big institutions where not actively trading today. And yet Volume on some stocks...

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TSLA was expected to trade today with low volume. Yet we saw higher volume than expected and a tug of war between buyers and sellers. Today sellers closed with a slight advantage closing near the mark of $170. Now it is up to the opening, If TSLA is able to open above $170. then a $175 retest with a possible targets of $177 and $180. Since it is a short week I...

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Another prefect setup for this stock. Sellers have not relinquished their hold on the price of this stock. Currently looking at $166 level for a possible bounce and some short relief. There is also a warning here: The possible retest depending on speed and strength could turn into a squeeze for shorts. I will be looking at tomorrows opening with an eye on price...