Plan Your Trade - 6-27-24 : SPY & QQQ ExpectationsThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see over the next two days, leading to what I believe will be a substantial rally phase throughout the week of July 4th.
The next two days will likely represent some huge price swings - first upward, then downward on Friday.
These types of price swings are fantastic for day traders and intraday swing trading.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
NASDAQ 100 CFD
Nasdaq Slapped- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst.
- Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com
- The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing.
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Trading Part ( Long Term )
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- Buy 1 : 12,000$
- Rebuy : 10,500$ - 11,000$
TP : before 20,000$
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- This Analyze of course can be faked by a strong money printing (Brrrrrrrrrrrr)
Happy Tr4Ding and St4y Safe !
NAS100 H4 | Bearish DropBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at19836.60, which is a pullback resistance and a 61.8% Fibonacci retracement.
Our take profit will be at 19,515.67, a multi-swing low support level.
The stop loss will be at 20095,32, a swing high resistance level.
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Nas100 Bullish Trade Idea Technical Analysis: NAS100
The market appears to be in a bullish reversal setup after finding support and potentially moving towards our supply zone.
If the price breaks above the equilibrium zone: It is likely to head towards the resistance levels marked by the Fib retracement levels.
If the price fails to break the equilibrium zone: It may retest to the 50% line on the fib at 19,655.8 before resuming the upward trend.
NAS100: Day 3 breakout shorts in the market
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅ no daily cycle
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout
3 Days Short Breakout ✅
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, not really interest today about the long view, the market is still on the backside and counter trending could be only a stop hunt 3 session setup if a dump and pump is identified on the CP or previous low of the day.
Short: primary, potential 3 weeks pump and dump, market look like breaking down on the backside. Short are still in control. I would be interested if the market confirm a pump and dump scenario, holding till 10am NYT
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
NAS100: Day 3 longs in the market, inside day, still frontsideHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2 ✅ No daily cycle started yet
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout ✅
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside ✅
Backside
4. THESIS:
Long: secondary, still interesting to see this market proceeding long, eventually if before NYO 9:30am the market will dump into the yesterday HOD, consolidating for 30/45 min.
Short: primary, not looking for a short sharp movement back into the LOW. The market is still on the frontside, potentially still trending, but looks like setting up for a scalp short HOW to current LOD.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
US30 - Entry Zone Update!Following on from our previous analysis where we shared the higher timeframe analysis, we are now seeing a correction which we can capitalise on.
We are watching for price to move into our sell zone where we'll look for signs of reversals on lower timeframe. We are not anticipating price to create a new high so we can use 40.1k as invalidation levels for this scenario.
SHORT Trade Idea:
- watch for price to move into sell zone
- Once there, look for signs of reversal on lower timeframe. We'll be looking for an entry trendline
- Once entered, have stop loss above the correction
- Target the buy zone 37k
Our longer term setup will be the buy setup once we enter buy zone.
Goodluck and as always, trade safe!
US100 - Short SignalUS100 H2
Here is the analysis for NASDAQ. Looking to short as close to that 20000 price as possible. We are trading at ATH price currently, so it's hard to gauge how high this instrument might trade.
Although, 20000 is a very significant price, we could expect a dump of a few 100 points at least before continuing upside if this is the case.