DON'T TRY THIS AT HOME.
Notes:
1. New relative high today 1783, disappointing, b/c wanted to see 1793.
2. That makes ceiling through Tuesday AM 1815.
3. This chart is 36-min bars.
4. Anything under 2 hour bars NOTORIOUSLY DIFFICULT TO PATH RIGHT.
5. Take this with 20 packets of salt of IHOP salt.
6. The boxes are meticulously planned.
7. I really think ceiling for next week is 1845-1853.
8. If it hits that resistance line (1880-ish) we've been talking about recently, that's A REALLY GOOD SIGN.
9. If it doesn't, prepare for rug pull prior to FOMC on 04/28.
10. Have a good weekend.
Notes:
1. New relative high today 1783, disappointing, b/c wanted to see 1793.
2. That makes ceiling through Tuesday AM 1815.
3. This chart is 36-min bars.
4. Anything under 2 hour bars NOTORIOUSLY DIFFICULT TO PATH RIGHT.
5. Take this with 20 packets of salt of IHOP salt.
6. The boxes are meticulously planned.
7. I really think ceiling for next week is 1845-1853.
8. If it hits that resistance line (1880-ish) we've been talking about recently, that's A REALLY GOOD SIGN.
9. If it doesn't, prepare for rug pull prior to FOMC on 04/28.
10. Have a good weekend.
Note
BTW, scrapped uranium trades bc DNN and UUUU broke support. I can't see URA and UEC or NXE holding through bc the rolling negative volume waves have past the point where it's worth taking a shot at.Note
AND MORE...a) vertical lines:
1st one is end of next week. I think the high gets hit Thursday morning, but doesn't have to be. 2nd line is FOMC and 3rd line is Thursday PRIOR TO MAY NFP. So this means I think May NFP will be catalyst for decline.
b) I no longer see 2050 getting hit in May. Right now, I see 1985-1990.
Note
AND OH YEAH... please like these things I post soI can get recognition. Thanks.
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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.