THE ONLY TRADES I'M TAKING - KEY LEVELSI went ahead and marked out a few key levels that I am interested in trading in the next 24 hours.
WE CAN ALSO FLIP THE RESISTANCE INTO SUPPORT. If that happens a would be interested in a long on the retest,
Let me know your thoughts below.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Nq!
SPY/QQQ Plan Your Trade July 7 thru July25 - 3 Weeks AheadThanks for all your comments and boosts.
Remember, it is almost impossible to predict price range/movement 3~4 weeks in advance accurately - as I'm trying to show you with this video.
What I see happening over the next 3+ weeks is a continued rally phase for about five days, then an exhaustion peak sets up (a Last Engulfing pattern), followed by a short (2~4 day) contraction in price, leading to a FLAGGING pattern (sideways), before price attempts to move higher again on July 24~25.
If my analysis is accurate, there are two or three very opportunistic trading moves over the next three weeks. Additionally, for day traders, we will see some considerable price volatility start to set up after July 15.
Many of you have asked how I'm able to do this accurately. The simple answer is that I've been training myself to use my SPY Cycle Patterns and research/TA skills to attempt to "see into the future" with some degree of accuracy. Of course, I'm not 100% accurate all the time, but I think I provide incredible value for skilled traders.
Knowing what to expect over the next two to three weeks can provide incredible insight into planning and trade decisions. That is what my SPY Cycle Patterns are all about.
Combine that with some skills related to TA and Fibonacci Price Theory, and I think anyone could attempt to do what I'm doing on this chart with some practice.
I will state this as clearly as I can... When my analysis aligns with YOUR analysis (regarding price trends/direction/range), I believe you can be more aggressive in your trading style. Otherwise, if I tell you, the price will be choppy and consolidated, cut your allocation levels to 25~50% and trade only for quick price objectives.
I fully believe in waiting for prices to develop the best opportunities and not trying to trade every day.
I'll be updating this outlook every morning with short videos.
Go get some.
SPY/QQQ Plan Your Trade Update - Markets Will Retrace 7/15-7/20Afternoon everyone,
As I continue to prepare more research for all of you going further into July, I wanted to share my belief that the SPY/QQQ will retrace shortly. I expect this retracement to happen near 7/15~7/20 and possibly last 1~3 weeks.
Price trends don't always go straight up or straight down. That's why you must learn to take advantage of my research on these types of trends.
When the markets hand you this type of opportunity, you must be ready to pounce on these easy moves.
I try to teach everyone the hardest thing to learn is patience. You have to wait for the markets to give you these opportunities.
Watch this video to learn what to expect next week and the potential for a parabolic price trend going into the end of 2024.
I'll return with a new Plan Your Trade video for Monday and beyond.
Have a safe holiday weekend. I know lots of people are already traveling and visiting family.
SPY/QQQ Plan Your Trade For July 5 - Gap Rally PossibleGood morning,
This continued Plan Your Trade video series will continue for a number of week further. I continue to receive wonderful comments from viewers suggesting these videos are really helping them develop better skills and profit from market trends.
Remember, these patterns, and my analysis, is not 100% accurate all the time (DISCLAIMER). I do my best to interpret the patterns and provide clear expectations - but I'm not always 100% perfect at predicting future price moves.
What I try to do is to interpret the patterns like reading a sentence. I try to imaging what price would be doing as I'm reading through the SPY Cycle Patterns related to current price setups/structures on the Daily chart.
So, in a way, I'm taking information I already know (the price chart) and trying to "fit" the puzzle pieces into place related to future price trends.
Today, I'm expecting an opening price Gap (higher) followed by a fairly strong bullish price trend. This trend may stall near Noon ET, but then will probably continue to strengthen into the close of trading today (short squeeze).
Remember, watch my other videos on TradingView to learn more about my analysis techniques.
Go get'em.
Technical Outlook – Last Half of 2024Today, I will share how I plan my trades for the second half of 2024. I am not trying to make any predictions here, as no one knows the exact day or hour. However, when a big move or turnaround begins, we will be able to recognize what is about to come.
Micro E-mini Nasdaq Futures & Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
SPY/QQQ Plan Your Trade July 3 ReviewThank you for all the great comments and suggestions. I love the fact that I'm helping so many traders find success with my research.
This video is really a recap of this week while we head into the 4th of July holiday and Friday's big Momentum Rally day.
Please take some time to review the other videos I have posted on TradingView to learn better techniques and refine your skills. You'll see me use these techniques over and over again on my charts.
Have a safe and fun 4th. We'll go get some more profits on Friday and into next week.
SPY/QQQ Plan Your Trade For July 3 - Early ConsolidationGood morning,
This continued video series highlights my SPY Cycle Patterns and attempts to teach you how to read these patterns and the price charts to plan your trades throughout the day.
Remember, I'm only looking for the best opportunities for trading profits. I plan to avoid any CHOP or sideways price action as it is not my style to scalp in and out of trades every 10 minutes.
I expect the upward price trend to continue, but it will happen later in the trading day (after Noon ET).
I expect the SPY/QQQ to consolidate in the early portion of the trading day - moving sideways and possibly pulling downward after yesterday's strong rally.
I believe that the price must attempt to consolidate into the channels related to momentum; then, the price may try to resume another momentum move higher.
So, I'm going to be patiently waiting out the first 2.5 hours of the trading day, looking for opportunities to buy into lower prices near 11-12 Noon ET, and expecting the markets to move into a momentum trend higher.
What I do may be different from what you decide to do as a trader. I'm just trying to help you see and plan for opportunities throughout the day.
Remember, Friday should be a very large price range day with a Momentum Rally pattern. It is not uncommon for that pattern's momentum to bleed into the end of today's trading day.
It should be a good day for traders.
Get some.
SPY/QQQ Plan Your Trade Review & Pre 4th ExpectationsThank you for all your comments, likes, and Boosts recently.
It's lovely to see my research helping so many traders.
I know some of you have recently been caught on the wrong side of market trends—this happens to the best of us. I've learned to wait out market activity I don't like and try to trade the bigger price swings, like the RALLY patterns yesterday and today.
You can't try to stand in front of the markets and force them to move in the direction you want. You have to stand back and catch moves that are opportunistic and present clear success opportunities.
This video reviews the past 8+ trading days, my SPY Cycle Pattern predictions, and what will likely happen over the next 7+ trading days.
In short, I expect the markets to slide into the July 4th holiday with a moderate melt-up trend and then move into a strong short squeeze on Friday (7/5).
This leads us to next week (8-12), where we'll get early Q2:2024 earnings data. I believe next week will continue the upward price trend - pushing the SPY above $560+.
The following week (15-19) is exciting. There is a very real potential for a moderately strong price correction on Wednesday/Thursday of this week, which could be a huge opportunity for skilled traders.
So, thank you again for commenting, liking, and Boosting these videos. I'll probably keep them going for a few weeks to help more traders.
Remember - focus on the facts/data and avoid the emotional side of trading. The markets always want to take your money. Find out how to wait for the markets to give you profit opportunities.
7/2 iDEA AND LAYOUT POWELL SPEAKING AT 930GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!<
😏 😏 😏
07/02/2024
**News** ON THE BLOCK TODAY!!!!
***Jerome Powell Speaks*** WATCH OUT HIS WORDS WILL WHIP SAW THIS LIKE NO OTHER
9:30 AM ET
***JOLTS***
10:00 AM ET
***Midnight*** **CONSENTRATED CONSOLIDATION **
*#ES 5521.75*
*#NQ 19982.50*
💰 **BUYSIDE**💰
***#ES 5541.25***.--->Above this level we look for --->....
🟢 5552.75
🟢 5564.50
🟢 5580
🟢 5604
🟢 5616.75
🟢 5639.50
🟢 5653.25
🟢 5676.85
***#NQ 20017.75***...---> Above this level we look for-->
🟢 20022.75
🟢 20089.50
🟢 20113.25
🟢 20151.50
🟢 20201.50
🟢 20246.00
🟢 20292.25
🟢 20332.50
💰 **SELLSIDE**💰
***#ES 5500***--- Below this level and we look for
🔴 5489.25
🔴 5468.7
🔴 5436.50
🔴 5406
***#NQ 19908.25***---> Below this level and we look for
🔴 19880.25
🔴 19812.50
🔴 19775.25
🔴 19749.50
🔴 19693.25
🔴 19647.75
Plan Your Trade July 2 - The Big Rally Day Is Here.This continued series highlighting my SPY Cycle Patterns continues this week.
Today, the Rally pattern is in Trend mode. This usually suggests a powerful potential for a moderately large upward price bar on the SPY chart.
Although, this morning, we are seeing a moderately high pre-market price below yesterday's closing price. Does this negate the Rally pattern?
Nope. The pattern is fixed. It will either become successful or fail.
Remember, these SPY Cycle Patterns have a (roughly) 70% to 80% success rate. Thus, we can rely on them for guidance, but we must always prepare for potential failure (just like when making trading decisions).
I'm sticking to the SPY Cycle Patterns today. I'm not worried about the deep, lower opening price right now. However, this profoundly lower pre-market price could prompt a substantial"wash-out" event for the shorts when the market shifts to the regular session.
It seems that today is going to be a "make or break" day. Watch this video to see how I will play today's price action.
Go get some.
Plan Your Trade 7-1-24 - Get Ready For A Rally.This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's counter-trend rally pattern will likely result in an early trading rotation, leading to an upward price trend that will build momentum throughout the week. Remember, we have a holiday on Thursday that may pause the rally a bit late Wednesday.
This new swing into a Rally-Rally-Rally phase with the SPY Cycle Patterns is fantastic for day traders and intraday swing trading.
Watch the video today and prepare for the big moves this week. Overall, nothing has changed. Price is rotating into a rally phase ahead of Q2:2024 earnings.
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.
Lean and Prep for WEEK 7.1.24I am a discretionary trader. This means there are some weeks in the year when I wait and watch what’s going on. From here, there are 3 potentials -
1-We keep ranging here and the stocks keep choppy. In this case, it is waste of premiums.
2-We drop. In this case it is better to wait for lower levels to find attractive setups.
3-We rally. If this happens, I am pretty sure something nice and attractive will show up on my radar which I will share.
Stay Frosty!
SPY Launching To $600+ - Then $730+. Get Ready.Have you been following my research?
Do you remember when I called a major base/bottom on 12-28-2022?
Do you remember when I stated, "The capitulation bottom will surprise traders" on 3-20-23?
Do you remember when I called for a "Tech-Bump" rally on 3-25-23?
Do you remember when I updated that peak potential to $425 on 4-26-23?
Do you remember when I stated, "The capital shift intensifies" on 6-25-23?
Do you remember when I warned of a China Credit Event/Crisis happening in 2024 on 8-20-23?
Do you remember when I warned, "US Markets May Double By 2029-30" on 4-21-24?
Now, almost 15+ months after all of these updates/warnings/videos, I ask you to take a look at what's happened in the markets and prepare for the biggest opportunity of your life.
Yes, I see the US indexes (SPY, Nasdaq, Dow Jones, and possibly the Russell 2000) potentially doubling (or more) before 2030-31.
Yes, I see the SPY rallying to levels above $730 in 2025, then stalling into a WAVE-B correction.
Are you ready for something different - factual data reported honestly and with a proven track record? Not hype. Not doom-n-gloom (CRASH posters).
My research is designed to help guide you through the next 10+ years of your life - protecting your assets, learning to become a more skilled trader/investor, and learning to rely on proven technology/concepts.
Are you ready for what's next? Maybe you need to try something different?
6/28 New Day New Idea..... Will the bulls save it GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!
😏 😏 😏
06/28/2024
**News** ON THE BLOCK TODAY!!!!
***Personal Income and Outlays*** ⚠️ **RED FOLDER** ⚠️
8:30 AM ET
***Chicago PMI***
9:45 AM ET
***Consumer Sentiment***
10:00 AM ET
@everyone
***Midnight*** **CONSENTRATED CONSOLIDATION **
*#ES 5560.50*
*#NQ 20131.50*
💰 **BUYSIDE**💰
***#ES 5588.25***.--->Above this level we look for --->....
🟢 5604
🟢 5616.75
🟢 5639.50
🟢 5653.25
🟢 5676.85
***#NQ 20141.50***...---> Above this level we look for-->
🟢 20151.50
🟢 20201.50
🟢 20246.00
🟢 20292.25
🟢 20332.50
💰 **SELLSIDE**💰
***#ES 5552.50***--- Below this level and we look for
🔴 5537.50
🔴 5509
🔴 5489.25
🔴 5468.75
🔴 5436.50
🔴 5406
***#NQ 20092***---> Below this level and we look for
🔴 20052.25
🔴 20012.50
🔴 19956.5
🔴 19904.00
🔴 19880.25
🔴 19812.50
🔴 19775.25
🔴 19749.50
🔴 19693.25
🔴 19647.75
Plan Your Trade 6-28 - Today Is The Big CRUSH DayThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's big CRUSH pattern will likely result in a fairly deep downward price move in early trading, followed by a period of basing/stalling before we may see a fairly strong rally phase/squeeze into the end of trading today.
These types of price swings are fantastic for day traders and intraday swing trading.
Watch the video today and prepare for next week. Overall, nothing has changed. Price is rotating into a rally phase ahead of Q2:2024 earnings.
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.
$msft could trigger nq bearish cascadeNASDAQ:MSFT and $appl both look very similar to me, with a potential swing top forming.
NASDAQ:MSFT has been held up with the rate inflation narrative that pump the mag 7 and now it's connection with OpenAI. The market has signaled a broadening over the last 6 months or so, with most of the remaining opportunity centered around value stocks. If this isn't the swing top for msft, it's very close. once appl and msft go, it will likely signal the swing tops across the market.
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.
Correction: Counter Trend Break Away Pattern on 6-26This is a correction video representing the Counter-Trend mode of today's BreakAway pattern.
I created the first video thinking this was a Trending pattern.
Counter-trend patterns tend to reflect a reversal of price direction related to the last 3~5 days price trend.
In this video, I go over how I view Counter-Trend patterns vs. Trend/Carryover patterns.
Look for initial weakness in price followed by what I believe will be a strong rally phase this afternoon.
Here we go...
Plan Your Trade 6-26 - SPY BreakAway PatternGood Morning.
This continued video series highlighting my Proprietary SPY Cycle Patterns is designed to help you understand how to prepare for, and trade expected market trends.
The SPY Cycle Patterns are predictive. They represent shapes/trends of future price bars on the SPY that can help traders understand where opportunities may exist for trading. They can also help you stay away from consolidation/congestion periods.
In today's video, I highlight how the current BreakAway pattern in Trending mode suggests the SPY will rally a bit today. I expect the SPY to close above 545.50-546.50 as the bullish base/support level holds today.
There is a bit of downward pressure on the SPY this morning. It will be interesting to see if my expectations are accurate or not.
Remember, the SPY Cycle Patterns are not 100% accurate all the time. They are only about 80-85% accurate in most cases. Big news events or outside factors can drive prices in ways that do not align with my SPY Cycle Patterns.
However, these SPY Cycle Patterns are generally very accurate in terms of how to plan/prepare for trading opportunities 3 to 10+ days into the future.
I hope you enjoy it. Please leave a comment and tell me if you see value in these videos or what you think.
US100 ( NASDAQ ) Outlook ICT Concepts💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US100, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
📊 Let's Discuss NASDAQ
Let's discuss my favorite asset, NASDAQ. The first thing we need to consider is the Smart Money Technique (SMT) which appeared on the ES (S&P500) chart yesterday, and now reflects on the NASDAQ chart. This technique is currently positioned below the chart.
📈 Anticipating Price Expansion
We can anticipate the price to expand higher into the Daily Fair Value Gap (FVG) resting above the current price, potentially reacting to the Optimal Trade Entry (OTE) levels.
🔍 Key Levels to Watch
In our key level area, we have the Midnight Open Price (00:00 NY Time) at 19691.5. Currently, the price is above this midnight open level, indicating a deep premium level, which supports our short scenario.
🔑 Liquidity Levels
At the start of the Daily Fair Value Gap (FVG) we have both the 4-hour previous high, which is a buy-side liquidity (BSL), and a 4-hour Fair Value Gap (FVG). These are the key liquidity levels to watch.
📉 Long Position Scenarios
For any long position scenarios, we need the sell-side liquidity to be taken out, which is quite far from the current price. We can look for lower time frame low resistance liquidity or the 50% retracement of the current range, resting at 19633.
🙏 Thank you for joining us!
Exploring US100 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
6/25 Let The day Rip GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!
06/25/2024
**News** ON THE BLOCK TODAY!!!!
Chicago Fed National Activity Index
8:30 AM ET
Case-Shiller Home Price Index GREEN FOLDER
9:00 AM ET
FHFA House Price Index
9:00 AM ET
Consumer Confidence RED FOLDER
10:00 AM ET
Richmond Fed Manufacturing Index
10:00 AM ET
FED SPEAKER Lisa Cook
12:00 PM ET
FED SPEAKER Michelle Bowman
2:15 PM ET
***Midnight***
*#ES 5523*
*#NQ 19792.75*
💰 **BUYSIDE**💰
***#ES 5534.25***.--->Above this level we look for --->....
🟢 5552.75
🟢 5564.50
🟢 5580
🟢 5604
🟢 5616.75
🟢 5639.50
🟢 5653.25
🟢 5676.85
***#NQ 19855***...---> Above this level we look for-->
🟢 19880.25
🟢 19904.00
🟢 19941.75
🟢 20022.75
🟢 20089.50
🟢 20113.25
🟢 20151.50
🟢 20201.50
🟢 20246.00
🟢 20292.25
🟢 20332.50
💰 **SELLSIDE**💰
***#ES 5511.50***--- Below this level and we look for
🔴 5509
🔴 5489.25
🔴 5468.75
🔴 5436.50
🔴 5406
***#NQ 19726.25***---> Below this level and we look for
🔴 19693.25
🔴 19647.75
***Expected Moves For Today***
*SPX-ES Difference*--> **67.75**
*Spy Expected Move* **1.84**
Upside Range **544.59**
Downside Range **540.91**
*SPX Expected Move* ***19.60***
Upside Range **5475.6**
Downside Range **5436.4**
⚠️ ***Sweet Spot contracts for SPX would be*** ⚠️
🔴 5440p and the 5430p(MOMENTUM TRADE)
🟢 5470c and the 5485c(MOMENTUM TRADE)
Plan Your Trade 6-25-24 - Base Rally DayThis video continues my series on planning your trade around my SPY Cycle Patterns. Today is a Base Rally pattern. I suspect the price will attempt to climb above $544 and may attempt to rally above $550 over the next few days.
This is an excellent opportunity for traders to swing for the fences with long trades.
Time your entry. If the price fails to rally above $544 in early trading, we may see a strong rally later this afternoon.
Tomorrow is a Breakaway pattern in counter-trend mode. I suspect we'll see a bit of a downward price swing tomorrow after today's strong rally. Then, another push to try to rally above $550 on Thursday.
Plan your trade. Learn how I can help you stay ahead of these bigger price swings.