NTXD

NTXD

Smart money concepts show no significant levels until the lower blue zones, while the volume profile has a very large thin zone between 14700 and 13200, where price can move very quickly. I expect to see further down side and a retest of those lower 13000 levels.

NTXD

BX is once again respecting the limits of the regression channel, setting up a perfect short entry here. In addition to the anticipated move down, we know BX has been struggling in this high rate environment, and paused investor redemptions previously. Price was FIRMLY rejected at the Point of Control (POC), trend has gone from green to yellow, and the 9 ema has...

NTXD Updated 

Last trading session printed a bearish gravestone doji candle on the daily chart, inside a rising wedge pattern, indicating the current bullish momentum may be reversing. Gold is also approaching supply zone overhead. if you are long, now may be a good time to trim your position

NTXD Updated 

KRE looks as if it will test 62.78 at the point of control, then reverse and head lower in the reversion channel.

NTXD Updated 

HPQ hos overcome and closed above the point of control, as well as the established resistance line, creating a higher low, and a higher high. There is a volume profile thin zone overhead, showing little resistance until 31.37 node and if we clear that , next stop is $34.

NTXD Updated 

CMCSA has failed to hold -price over the point of control and has given a sell signal on the 4 hour time frame. The signal is good for approx $2. and is active for an average of 21 bars. Selling at the money calls for Feb regular / looking for $2+ to the downside

NTXD

RUN has been range bound since Feb 2022, and trading down into long terms support levels where is is repeatedly bought. The professional entry here was opening a short position at $60 once the double top rejection was confirmed. Chasing this down and entering at the 1 year support level seems dangerous, and somewhat cavalier. I am not advocating a long position...

NTXD

Oxy respecting long term trend line, over the point of control, with thin volume nodes above, TTM squeeze fired long on the daily time frame, which averages 8-10 bars. These combined bullish signals indicate very little resistance in the near term. Chart shows a glide path to $69, with an overall technical price target of $80

NTXD

Bullish on AAP (advanced auto parts) . Charts looks like a bottom of the channel reversal, indicating an up move, in an overall down trend. This is based upon bullish daily candle formation as well as weekly TTM squeeze histogram. On the daily chart , we have Inside and up candles, and a TTM squeeze that fired. On the weekly chart, you have a shift from red to...

NTXD

As you can see on this monthly chart, the TTM Squeeze histogram has only gone negative three other times in the last 25 years, and COVID wasn't one of them! these periods caused significant wealth destruction and market declines. Buckle up and trade smart.

NTXD

From the February lows, we can see clear support until July 18, where we broke below the support line. New support line emerges with the reversal, and now the old support line looks like resistance. Back down to $17 and then back up Play it both ways with DWTI/UWTI