thacoolbreeze

thacoolbreeze

Week 10.2.22 Analysis NFP Week + JOLTS + Unemployment + Employment Change + PMI Manufacturing + Several Fed Chairs Speaking We will likely run to the upside early in the week and have continued selling into the Weekly FVG below which fits within the ATR Range on the Weekly.

thacoolbreeze Updated 

Week of 9.18.2022 ::Economics:: Exs Home Sales & FOMC - Wed Unemployment - Thu PMI & Powell Speech - Fri ::Technicals: Weekly ATR is 175 Anticipating Price Action to manipulate to the upside Mon & Tues. Wicked Up & Down Wed with FOMC. Reversal Thursday + Volatility. Freaky Friday to finally run New Daily Lows for the Month Key Levels: 3980 for upside...

thacoolbreeze

Commentary August will be an interesting and probably volatile/choppy month leading up to FOMC, Jackson Hole and Sept Quad Witching (Typical Market Weakness). We have an ATR of about 360/365 on the monthly for ES. I have marked the potential bullish (4500) and bearish (3775) expansions from the Monthly opening price. Likely will have to update once the high or...

thacoolbreeze Updated 

So far the market hasn't shown it doesn't want to go lower. Now that we are in the 2nd Half of July and some Sell-side Liquidity has been taken, I anticipate a move up to rebalance price. For next week starting July 17th we have an ATR of 215 which could put us around the 4060-4080 range in terms of expansion. We have several gaps to fill above and some buy-side...

thacoolbreeze Updated 

We've overshot our Monthly 3-Period ATR. FOMC and CPI have passed. What else can the market give wrt to volatility. Puts are at a premium. However we have a FVG and Bullish OB below. Two scenarios for the rest of June: 1. We quickly run through that FVG and tap the top of the Bullish OB at 3500 and quickly retrace back up 3650 to close the month. 2. We...

thacoolbreeze

$BA 1H Chart: Formed a nice pennant. Swing 1-2 Week Calls over 254.77 with volume. If levels hold then this could be a 1-3 day swing max. Looking for an entry between today and tomorrow PT/Resistance: 260, 265, 270, 275 Below $247 Invalidates this trade idea

thacoolbreeze Updated 

Microsoft has been in a heavy consolidation Sept and now appears to be in a squeeze. If we get bullish volume come in over the next couple of days we could see 232 by the end of Dec or early Jan. If we don't get the bullish volume and the market somehow takes a tumble, we will see 196. Support at 208 & 203 Resistance at 218, 224, 228