TheEconomyCreator

TheEconomyCreator

I’m bearish on CBOT_MINI:YM1! . 1. Orderflow is bearish, 2. Market Phase is in expansion on a buy side liquidity hunt 3. Macro Structure is Bullish while the Micro Structure is bearish indicative of a macro pullback.

TheEconomyCreator

We’ve been bearish all week. Here comes the midweek reversal/pullback which suggest a markup targeting the untested Bearish Orderblock.

TheEconomyCreator

Price has retested the average price of the bullish orderblock on the daily timeframe. Higher Low’s being formed on the 4Hr timeframe along with a liquidity tag show signs of bears loosing control. Which is starting to create an imbalance favoring the bulls. 🎯: Untested bearish orderblock off the daily. ::: Election ::: We could see a crazy rally and...

TheEconomyCreator

Self explanatory, moving at a rapid rate due to the catalyst known as COVID-19

TheEconomyCreator

See related ideas below

TheEconomyCreator

Last week (wk of 3/9) gold was BEARISH! This week we see similar changes, once again the Interbank/Commercial adds to their long positions while once again decreasing shorts. While Institutions once again decreased both long and short positions. Lastly open interest dropped 691.985k to 633.47k. Also commercials have been heavily selling Gold since June 17, 2020....

TheEconomyCreator

With the US markets taking a hard hit this week amongst the Coronavirus becoming a possible pandemic, smart money is moving to safe haven assets like Gold. If you were to drop down to the hourly timeframe you can see the triple bottom in more detail.

TheEconomyCreator

Let’s now look at the weekly when referring to our previous post on US30. (SEE LINKS below in order to go over previous analyses on US30) Our next 🎯 is at 24822 the WAP

TheEconomyCreator

🎯2 at WAP. Will share clearer picture of that drop from weekly timeframe in next publication/post. (See link in this analysis to first markup of the year on US30 where our drop forecast was shared here and our previous analysis on the 4Hr prior to initial drop this week with the growing concerns over the Coronavirus.

TheEconomyCreator

Commercials have been heavily selling gold since mid June 2019. Per the 2/24 COT Net Positions for commercials they have decreased their long positions and increased their short positions. While the COT Net Positions for institutions have increased both their long and short positions. (There are two types of institutional traders which are long-term and...

TheEconomyCreator

Smart Money is soaking up liquidity This whole zone including the possible h&s patterns completion is within a zone a range of consolidation on higher timeframe thus you can view it as a market top and potential trap zone. The USD still has room to breathe and reach within the zone of 100.60-105.60 before it tops and consolidates on higher timeframe

TheEconomyCreator

Commercials Net Positions 1/27: Buys 212k Sells 564k Commercials Net Positions 2/3: Buys 192 Sells 553. 🤔Thus telling us they have decreased long positions and decreased short positions Institutional Net Positions 1/27: Buys 374k Sells 57k Institutional Net Positions 2/3: Buys 376k Sells 46k. 🤔Thus telling us they have increased their long positions and...

TheEconomyCreator

See notes in idea.

TheEconomyCreator

1. Smart Money Setup currently soaking up sellers 2. Bearish Bat forming (completing the C-D bullish leg)

TheEconomyCreator

Beautiful Wyckoff Distribution Schematic 1 on the weekly timeframe, price is now creating the LPSY which will break the ice for the next drop to occur sending price on a markdown. Nice Smart Money Sell Setup. They tricked dumb money into buying allowing them to enter sells at discounted price levels. Price has settled below the WAP where it is now creating the...

TheEconomyCreator

Smart Money has setup the 90% aka the ‘dumb money’ into selling the market all awhile they’re buying into the market. Creating and imbalance of S&D, steadily accumulating and soaking up sellers. Thus, price rallied and has now settled above the WAP Monthly (1.27953) support being respected

TheEconomyCreator

Smart Money has setup the 90% aka the dumb money into selling the market all awhile they’re buying into the market. Creating and imbalance of S&D, steadily accumulating and soaking up sellers. Weekly (0.67400) support being respected