QMTcapital

QMTcapital

A few more hourly candle and we should have a banger for a retracement Price bullishly reacted from 32900 demand zone with a vengeance Full TP for 800 points very likely Dow Jones signature V forming on 1H TF

QMTcapital

I am expecting a big jump from the demand area of 33700 to fill the imbalance before we short 4000 or more points Inverted H&S should help pump towards our sell area

QMTcapital

We got in at 35300. A great deal of divergence is in our favor Hopefully the bears full take over as we exhaust in this mid range Major rejections in 35300-35350 #LetsEat

QMTcapital

Setting up zones for the short entry Closely monitoring exhaustion 34700 is holding slowing everything down

QMTcapital

Waiting for BOS near 34900 throughout the week Exhaustion looks inevitable here

QMTcapital

Bearish channels setting up nicely Can not buy until it drops to 35000 Corrections are forming, supporting H + S tendencies

QMTcapital

As we hang around this point of divergence, lets observe the angle of demand It should be losing gas before dropping to a bearish channel H + S could be forming

QMTcapital

Waiting for the supply to run out as we buy up to ATHs Market will correct eventually

QMTcapital

Trending towards the top of major channel looking for a mini breakdown to hop in buy

QMTcapital

Waiting for an optimal breakdown before going long As we expand, the market will have to breathe eventually End of the Bull run should form top for H + S

QMTcapital

So much room for expansion as we make new ATHs Looking for more buys as we reach for more supply

QMTcapital

We called a buy at 35950, should be a good ride in the blue!!! Called in middle of channel due to order flow 300 points on the way

QMTcapital

Ascending Triangle is painting a continuation, at least until American Elections

QMTcapital

Taking note of the accumulation at top of the breakout channel shows we have more room for bulls to run. Limited resistance as we create new ATHs

QMTcapital

Looking for the momentum to stall at the R1 pivots throughout the week NY Volume should assist the breakdown with looming fundamentals

QMTcapital

Setting up the structure for our shorts 1500 point range to work from once rejection confirms A breakdown from the Bullish Megaphone coming

QMTcapital

As we approach the top of the right shoulder( H + S ), we are waiting for major rejection in the 35200-35500 levels

QMTcapital

Looking for Bearish wicks towards the top of the channels. Major rejection at Anchor Point is coming.