SnowflakeTrader

SnowflakeTrader Updated 

DOW and Russel showed Buying in the few sessions in the LAST WEEK and today S&P500 and NASDAQ have joined in. UMVD or Unusual Market volume Detector is showing GREEN for all 4 Indices today. Also, US Market Strength Index (US MSI) is showing green in todays session. Now TREND IS STILL DOWN as seen with the Red TrapZones so, Bulls have a lot of work to do still.

SnowflakeTrader

I think there is more downside to TSLA, Right now the relative weakness may put it out of favor for the next few session. Keep an eye for volume divergence and GREEN to enter log for a retrace/scalp or stay short until Trapzone is RED !

SnowflakeTrader Updated 

Netflix was being accumulated well prior to the POP> Check out how Unusual Market Volume Detector Identified the BUYING after Price divergence on the 12th OCT.

SnowflakeTrader

Price Action and Volume analysis for TESLA chart as of 10-19-2023 Long term trend is still bearish with short term retrace back close to the TrapZone is possible in a near session.

SnowflakeTrader Updated 

All major 4 indexes are now under the Red TrapZone and The First retrace back into the TrapZone will be Key to see IF we start trending back down or not. Retrace is starting right about now!

SnowflakeTrader Updated 

TSLA on a 15 minute chart is showing bullish volume trend as detected by the Unusual Market Volume Detector indicator. Green color showed up after consistent Red for the last week or so. The bullish Price Action is consistent with the bullish volume trend. Watch out for any Divergence i.e. Purple color in the lower panel. More importantly what color shows up...

SnowflakeTrader Updated 

Based on analysis of Price Action and Volume together, we can see that current volume is trending higher while the Price has Red TrapZone formed. Therefore there is NO VALID Trade Bias. Price action analysis is performed by TrapZone Pro. I published a "Volume Only" analysis using the Unusual Market Volume Detector as well to form a contrast. Price action only...

SnowflakeTrader Updated 

See how TrapZone Pro gave early SHort Entries in SPY. Both Profitable on the Hourly Chart.

SnowflakeTrader Updated 

Take Partial Profits as soon as the TrapBars Start Forming. Currently We don't see any TrapBars Forming. The TrapZone Is Green So Wait for Entries back close to The TrapZone, Instead of making a FOMO entry now. Let us know how "TrapZone Pro" Entries look on the Chart ? Remember, they occur in Real Time. Check out the TrapZone Pro Script Page for more Information.

SnowflakeTrader Updated 

If we continue with Red Bars under the Red TrapZone we will most likely break below 400. Chart with next support levels. Keep Any Eye for Sharp Turn arounds, as NVDA tend to do that !

SnowflakeTrader Updated 

Bulls Are At It, Offcourse. When do you take Profits though ? Trap Bars are forming Now. price Hasn't Retraced to Green TrapZone for about A week. Retrace Is expected back to Trap Shorts and Shake weak Longs - SOON ! Hourly Candlestick Chart of MCL/ Crude Futures with TrapZone Pro

SnowflakeTrader

Based on the price movement of BankNifty, 15m Candle chart provides best Technical Analysis. This is Due to Seemingly common Large overnight Gaps. Currently Price is falling back into Green TrapZone and Trap Bars forming. So No Trades Yet. Stay Long Biased

SnowflakeTrader Updated 

As you can see we have Green TrapZone forming on all the four major market indices. We can expect a slight pullback and then a move back higher, AS LONG AS - we have Green TrapZOne Intact and moving higher. Price may pull back into the TrapZone BEFORE moving higher to Trap Shorts. Keep an eye on the OBV trend for confirmation before trading size. Cheers

SnowflakeTrader Updated 

Long Trigger on SPY for 1 Hr Chart. Will keep an eye on Volume as well for confirmation. Be aware of Roll Overs this week. So may get volatile before catching some tail wind.

SnowflakeTrader

These 4 are my top Short ideas for today into the future until the price stays below the Red TrapZone. The picks are based on momentum, volume and price action.

SnowflakeTrader Updated 

Publishing the TrapZone Pro charts on the daily timeframe for the Top 4 Indian Banks. They all look Bullish except Kotak Mahindra Bank at the moment. Will keep this Idea Up dated every few days for reference.

SnowflakeTrader Updated 

The top 4 Tech Charts look strong and bullish, InfoSys being the weakest of the bunch and chugging along. As long as the prices stay above the Green Trap Zone we are Bullish on these 4 symbols. Boost Ideas If you like and lets Go !

SnowflakeTrader Updated 

If we Stay below the Red TrapZone, we are going down. Shorts are in play now and Do not take longs till you see a Green TrapZone. Lets see, will update the idea frequently!