Price is gapping higher relative to previous day, and it is trying to get back to previous 6 days balance, 01-14-2021 poor structure is telling me that the odds to getting back to previous six days balance are higher, so i want to take longs at previous high or i want to take longs above premarket high at 3796.25
After an uptrend the last months, price is in a consolidation mode, for that reason, we are in favor of a break of this balance
I am seeing that market is too short at this moment, and IWM is in a break out daily set up, so i want to get long above 211.73
Yesterday´s structure is telling me the sell off was emotional, why? because yesterday´s high is weak and also poor ( it has an incomplete auction), also value did not migrate to lower, if we add the price in the overnight is at least 90% short i believe that price is too short at this moment, for that reason i believe price needs some inventory adjustment if it...
at the daily chart QQQ is breaking a daily hammer for that reason i wnt to get long above 315.58
We are in a four day balance, but the difference between yesterday´s structure relative to the other three days of balance is the migration of the value and the POC to the upside, also yesterday´s auction is incomplete at the highs, by the way, we are not seeing a correction of inventory at 3823 yet. All those nuances are giving me a long bias, eventhough...
BNTX is breaking up a balance zone after a strong one time framing up in the last week
THE KEY LEVEL FOR ME IS 128.5, So this is my support for today, if price is strong i am going to look for a small consolidation to get involved in the long side
We are in a three day balance, and yesterday´s structure is completed and the excess low is more prominent than the excess high, 3799.5 is a poor high that yesterday´s structure left us, for that reason i would like to take longs rather than shorts at 3785.5 ( Yesterday´s Pullback low) to repair 3799.5. An other key level is yesterday´s low because this price is...
We are in a two days balance, yesterday`s profile has a completed auction in both side, also premarket levels are balance, for that reason i would like to take a break in any extremes of the overnight levels (3786) or ( 3806.75), i am more interested in the break to te downside (3786)because, Friday`s low is weak
PAAS is breaking last two days balance for that reason i took the long
last couple weeks we have seen a rotation between 1,17107 and 1,19635 after a really strong bullish trend, so the next step is gonna be the break of this consolidation, at least, for me i am going to look for a bullish break of this weekly trend line to look for continuation.
We see that WMT has a complete auction in both extremes, and the premarket low is respecting our support zone ( 136,65) for that reason we are going to look for longs from there, also we believe that today`s range is gonna break because of the options expiration day, so if you look for a trade , you should leave a fee position to see what the market can give you today.
Overnight inventory is balance, also the premarket POC is prominent (3351), so the odds in the beginning of the session to have good energy are low, eventhough, what i see is that the overnight low is a buying tail and it takes place at prior most traded price, so it tells me that there is a huge support there (3331), in the other hand, i am bearish until the...
After a day with great`s opportunities in both directions, we could establish value between 3320-3343, somethings to remark are today`s low because it is poor, the most traded price is prominent and finally, the selling tail at the top. for me , the auction is incomplete at the low, for that reason i do not expected a break in today`s high until this low would be...
MCD has a really nice move yesterday, and today´s open is good for the stock, why is this true?, because SPY is having a really big gap down, and MCD is still in range, that shows us his strenght, the overnight price is short relative to yesterday´s close , for that reason, i am looking for longs at 222,25 and looking for shorts at 226,16