ES just broke the long Daily Trend Linee
** IMPORTANT** = Now this has broken it is the new resistance don't get bull trapped, bears sleep all summer and there awake and hangry
- Weekly Time Frame to the 26 MA will tell us the trend
My guess is a hard bounce with the anticipation of NVDA 28th Aug..
-If it breaks sell coved calls and get in puts
-If Breaks bulls its going to get bloody (Banks "JP Morgan" anticipate 20% drop.
Levels to watch
Current Price 5,455 to the next whale zone looks choppy
(Whale) 5,470 If it gets here I anticipate a BullTrap
** On the 15 Min time frame its hitting the whale and the upper KC channel
The Drop
5,449 -5,497 (No trade zone)
If breaks watch the yearly level is a magnet @ 5,441
- Choppy im a lazy swing trader i dont believe in scaping Super Computers beat us evetime
After this big whale at 5,432
My last few have been sloppy, this is solid mark my words.
** Economics**
Forget the news and all the BS (NVDA will crush earnings) until then watch the big orders and the 2 year bond yield and the 10 Year
Oil likes the 80 Level, to pop this back up its Trillions of Dollars.
*Key indicators** - As one of these will drop and make the other move
Oil
Bitcoin
Gold
ES/SPX/Spyy
Alt
SouthKorea vs US Dollar
JPY/USD
** IMPORTANT** = Now this has broken it is the new resistance don't get bull trapped, bears sleep all summer and there awake and hangry
- Weekly Time Frame to the 26 MA will tell us the trend
My guess is a hard bounce with the anticipation of NVDA 28th Aug..
-If it breaks sell coved calls and get in puts
-If Breaks bulls its going to get bloody (Banks "JP Morgan" anticipate 20% drop.
Levels to watch
Current Price 5,455 to the next whale zone looks choppy
(Whale) 5,470 If it gets here I anticipate a BullTrap
** On the 15 Min time frame its hitting the whale and the upper KC channel
The Drop
5,449 -5,497 (No trade zone)
If breaks watch the yearly level is a magnet @ 5,441
- Choppy im a lazy swing trader i dont believe in scaping Super Computers beat us evetime
After this big whale at 5,432
My last few have been sloppy, this is solid mark my words.
** Economics**
Forget the news and all the BS (NVDA will crush earnings) until then watch the big orders and the 2 year bond yield and the 10 Year
Oil likes the 80 Level, to pop this back up its Trillions of Dollars.
*Key indicators** - As one of these will drop and make the other move
Oil
Bitcoin
Gold
ES/SPX/Spyy
Alt
SouthKorea vs US Dollar
JPY/USD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.