Market tried to rally early in the morning but then sellers took control for the rest of the session. Long term we are still bullish but short term it looks like the market wants to come down especially since not all the indices are moving at the same pace. Please keep in mind that these are not trading signals, use your own analysis before taking any trades....
Daily chart looking bullish, but struggle at the ATH making a pin bar, not a very strong close. The 4H chart has a nice double top that looks more bearish than bullish, we will have to wait to see if this is a pullback or the starting point of a reversal. In the 1H chart we can see price making HHighs HLows, maybe this is just another pullback to make another HH,...
The daily chart keeps looks bullish, but is coming to a resistance zone 7723, that is the ATH. The 4H chart shows the NQ in the overbought zone. September was a quiet month for our trading, we had a total of 12 trades for the continuation trend strategy with an ROI of 8.01%. we will continue keeping track of our main strategies, and i hope that helps some trades...
Daily chart looks a little bit more bullish with resistance at the ATH around 7720, the 4H chart is overbought tomorrow we might have a little pullback or some sideways trading day, and the 1H chart has some continuation formation, i think that the markets want to test those ATH levels, a zone to keep in consideration is R2, because is really close to ATH...
Daily chart still bullish, but with the Fed decision to raise the interest rates we might see some downside in the market, the 4H chart is still a sideways market, today price couldn't close above 7637, it went up all the way to 7668 and then after the news it sell off, the 1H chart looks like it wants to keep moving down to test the lower part of the...
Not much to say, we were expecting some sideways trading today and that's what we got, tomorrow with the FED announcement we might have some volatility until then we will stay away from the markets. GL Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
The daily chart of the NQ is still very bullish, nothing has changed and it will not change until we see a decent move to the downside, the 4H chart remains in a sideways market until we break either 7630 to the upside or 7420 to the downside, the 1H chart is overbought, we should expect a small pullback, or some sideways market tomorrow. For those of you who...
Daily chart is showing some sideways consolidation, we are still in a nice uptrend but it looks like the bulls are running out of steam. In the 4H chart, we have a horizontal channel, i think that a break of either the higher or lower level will have some nice follow-up. In the 1H chart we have the conventional targets for the Gartley pattern being hit, 7533.75...
Hey traders, i guess the market wants to keep going higher, the daily chart is still very bullish, followed by the 4H chart that broke the descending trend line and is looking to take on 7627, in the 1H chart the gartley pattern was completed lets see how is going to play out. Please keep in mind that these are not trading signals, use your own analysis before...
The daily chart is still intact, the 4H chart is showing consolidation and indecision, bulls will have to take the descending trend line and 7620 to take a shot to test the 7720 level, in the other hand if the bears take the 7420, we can expect price to move to the 7200 area. In the 1H chart for those advanced pattern traders, we have a nice Gartley + an AB=CD...
The trend on the daily chart hasn't changed, but i think that a close below 7340 would probably change the trend. In the 4H chart we have a double bottom, and to continue the momentum to the upside we have to break the descending trendline. In the 1H chart the market is overbought, as i mention yesterday that does not mean that the market is going to drop a...
The daily trend in the NQ is still in a nice uptrend, but today's action is suggesting that we might put in a lower low, something that has not happened in a while. In the 4H chart, we have a pennant that it looks that it wants to break to the downside, it may not happen tomorrow but maybe later in this week. and in the 1H chart, we are oversold, that does not...
Hey guys, here you have the levels for trading on Monday, we had a decent Friday regardless of the contract rollover. Moving forward it looks like the market wants to keep moving higher, but i feel that there is o enough momentum as of now, maybe some positive news will boost the bulls to new highs. Friday low might be a nice place to start some longs, and in the...
Hey guys here are the levels for Friday, today was kind of slow for us, with contract rollover day we knew it was going to be difficult to trade. Moving forward we have some momentum to the upside and we will be looking to buy some dips tomorrow, i like YC to start some longs hopefully we have an opportunity to take the long. Please keep in mind that these are...
Hey traders, here are the levels for thursday, it was not a surprise that the market had a down day on wednesday, we were expecting that after a move to the 50 fib level, and also some pressure from the broken trendline . For tomorrow if price keeps moving lower i would like to buy S2 or possibly S3. Please keep in mind that these are not trading signals, use...
Hey guys, here are the levels for trading on Wednesday, we had an interesting day in the markets, one trade only that you can check on our last post in the comment section. FOr tomorrow we have some interesting levels but the one that i like the most is R2 close to the 61.8 fib level is going to be a nice place to start some shorts given the right...
Hello everybody, here are the levels for trading on Tuesday, slow day for us in the markets, we had only one BE trade in the RTY. Moving forward the market is still under some pressure below the ascending trendline, i will be very cautious if i was a swing trader, the market can go either way as of right now, and with a major hurricane hitting the US by the end of...