OpinicusTrades

OpinicusTrades

NQ still trading within the near-term and intermediate-term range with an overnight bounce versus the key support zone

OpinicusTrades

AAPL is holding support quite nicely. Remember never short support. Strong weekly and daily timeframe setup here, remains on swing watch

OpinicusTrades

The key daily support zone in NQ held again this morning and now price trades back into this week's resistance at 18400... Great action today - Patient now!

OpinicusTrades

The index is trading into a near-term resistance zone ahead of CPI... The reaction versus this zone is the main watch heading into the print. Buyers are looking for a breakout, sellers want to defend this zone and see price trade down into last week's low.

OpinicusTrades

The index shows consecutive inside bars on the daily timeframe chart as price oscillates between the 61 and 38 fib retracement levels Watch for breakout

OpinicusTrades

NQ held daily support today, even offering a clean retest of the PDL after that NFP print Don't short support after a volatility expansion day

OpinicusTrades

YTD VPOC held nicely as support... A main LOI we had on watch for today So far price has retraced >61% of yesterday's sell

OpinicusTrades

ES now back into last week's VPOC - Full circle move. Can buyers show a retest of the near-term range high?

OpinicusTrades

Following up with a previously posted idea, the index reclaimed the prior day high and the key daily pivot. What do we have above? A volume void - Which tend to "fill" quickly, meaning price and exhibit momentum through those areas Can be incredible setups if you are well positioned

OpinicusTrades

The index gapped lower this morning (following yesterday's bear engulfing bar) and price showed continuation off the open, before finding a bid versus the 5237 LOI. This was a 100% retrace of the FOMC move and the pre-FOMC vPOC. RTH daily candles now show hammers… The main watch for tomorrow will be whether buyers can show follow-through above today’s high.

OpinicusTrades

One of the scenarios we outlined in the Premarket Prep Livestream this morning was the potential for a failed breakout if price slipped below 5322 "From failed moves comes fast moves" and that is exactly what we saw as price made a move to test last week's VPOC. Range trading continues!

OpinicusTrades

AAPL is retesting a key area of weekly timeframe support and holding well. This level remains on watch.

OpinicusTrades

This is a great area to monitor price's reaction to - Buyers will be looking to defend this zone

OpinicusTrades

The index has now retraced 50% of the FOMC daily breakout... The 50-61% retracement is typically considered the buy zone. Do buyers step in here, or will price offer a full retest of the prior breakout point near 5255? That is the main watch early this week.

OpinicusTrades

The index gaps higher this morning following Friday's test of the intermediate-term range VPOC. Late bears discovering what "Don't short in the hole" means.

OpinicusTrades

ES currently trades into the near-term range VPOC - Range VPOC is always a strong level that traders should monitor the price reaction to. This area will be the main watch for today's session.

OpinicusTrades

Large weekly timeframe accumulation base has developed in SQ. Watch for the potential breakout of this base.

OpinicusTrades

Keep an eye on this key area of support for AAPL. Potential swing watch