1D presenting bear divs and pending bear x
8H/4h showing mixed signals between DMI/HMA rotations, and printing bear div.
100% of wkly atr to the upside would allow push to 4389, and though 8H signaling potential bounce, weakness in buy pressure on 1d and 8h, suggest marginal highs. Anticipate exhaustion @ 1d rt's between 4327/4314, if not the 200 HMA on...
no hh on 1d di- since 4292, 200 hma @ 4346
no hh on 4h di- since 4139 , 200 hma @ 4124
1d currently @ -10% of the monthly atr, and still no hh on the di- since pretty much forever.
next cycle on 1d and 4h dmi is bully...get above 4033, 4h hma will roll into bull x
upside targets below 200hma on 30m: 4028, 4044
below 200 hma on 4h: .... 4077/ 4092
AMZN down roughly 37% from highs, yet still no hh on di- since 8h close @ 2704. (bull div)
Next cycle on HMA and DMI, both bully with 200hma on 2h and 4h either inside, or north of fluke earnings gap.
1d rt @ 2507, sustain that and 1d will bull x with price en route to wkly rt @ 2781.
POC on net vol:
a.) since Mar 29 drip @ 3105
b.) since ATH @ 3399
The What: 1d chart on left shows +/- 10%, 25% and 50% levels based on the monthly atr (roughly 450 pts) and the 4h chart on right showing +/- 10% and 50% levels based on the wkly atr (roughly 186pts).
The Why: +/- %’s levels serve as vola filters to map directional trend of a move within a given range, as well potential markers to gauge an extension in pa....
levels based on weekly atr on the left and monthly atr on the right,
4h in bear x on dmi and hma
1M showing PA below fast moving hma and di+ curving down
1M extended @ 131% of 1M atr
break below 4490 and 1M could begin bear x on hma
1M dmi contracting to bear x with st @ 4440 with di+ @ 25.6 and di- @ 7.4
Bear divs visible on the weekly down to the 4h...
1.) Bear div between PA and DMI
2.) VA on VPVR an POC is downside
3.) Monthly ATR extended to the upside
AMD has provided a fat run on the monthly, from L @ 99.85 to H @ 121.56 AMD is at roughly 117% of 1M atr all to the upside.
dmi shows waning buy pressure, visible on 1d and 4h.
pa started dipping below fast moving 1d hma on the 18th and despite hh's...
4h bull x on dmi and hma, with 1d dmi pinched to follow suit.
Dip to LL from March 31 to April 20 not mirrored with rising strength in sell pressure on Di- ; thus..... bull div city.
Potential dips from here, feasible but marginal.
Bullish case is substantive with POC on total vol since Jan 04 lows, sitting @ 10.69. 200hma on 1d @ roughly $12 and on 4h , above...
Upside legs on xlm to R1 / R2 and above, with XBT targets. USD chart in discovery mode... let it roam, whatevs.
Buy pressure on both sides pushing up, same visible on 1d.
Struggling to sell some because "they" tell you it's "bad" to sell?
Don't mix morals with millions, the market wont pay you to be a martyr.
Emotionally attached to a project/asset?...
4h on left showing hma and dmi setting up to bear cross. However, current di- structure presents potential bull div with LL price on Jan 31 not reflected in HH on Di- within DMI.
Sell pressure still present but projected targets downside (post mercy pomp on 30m to 3841, give or take) would be mid level, 3796, 3786, 3768 , and 3754. From current HOD @ 3843, all...
got my entry
short from 3674.5
downside targets noted with arrows
playing bear div on 4h, noted by LH in di+ on DMI, despite steady rise in price and 30m pending bear cross on dmi
feel free to troll me if it ath's before i finish my stir fry. 🍜
4h DMI pinching to bull cross, and HMA curling up to do the same on BFX... next leg up if it doesnt break... 19'265, pause, then 19'555 on cme (give or take a bill for targets on bfx).
Tread lightly tho, 1D on bfx lookin toppy, and could cycle downside during holiday.
Break down on 1d could see dip to 17'6 , 16'9, and 16'6 .... all downsides within weekly atr...
ES targets upside and down 4h/30m
RT / ST levels on 4h with targets on legs in both directions... current 4h setting up a bull cross on dmi, play to R2 conservatively (post bull cross on dmi), R3 would be a hail mary but no ATH near term.
Play 4h trend on 30m legs. Secure profit, market never runs out of trades. Never go full-perma.
Appreciate the risk.
This will feel like alot, so, drop that addy and lets go! 👻
The Bullish case:
1D chart on ES with upside channel and price floating in apex of ascending tri (yellow rt / st). Quick glance looks bullish with 15 and 30 hma pushing up (if not expanding). If it plays out and rolls upside -- gap above (light blue square) will be gen pop target. Pause at 3308 before...
HMA's and DMI pinching for bear cross set up on 4h for /ES
200 HMA at 2233 at time of post --
Note suppressed bear cross on DMI @ 26 March 02:00am (circled in yellow on DMI); just in case you're corona free and $2 Trillion bills hopeful... keep in mind this chart is only 4H, and skipping a cross here is NOT a signal for longterm reversal (if it bounces- play...