$SPY make it or break itLet's see, a big decision time for SPY. Small bounce is plausible. Looks ugly.
Selloff
NQ Power Range Report with FIB Ext - 8/31/2022 SessionCME_MINI:NQU2022
- PR High: 12372.00
- PR Low: 12347.50
- NZ Spread: 55.0
Evening Stats (As of 12:45 AM)
- Weekend Gap: -0.59% (filled)
- Last Weekend Gap: -0.18% (open > 13125)
- 8/19 Session Gap: -0.04% (open > 13540)
- Session Open ATR: 300.19
- Volume: 27K
- Open Int: 258K
- Trend Grade: Bear
- From ATH: -25.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 13794
- Mid: 13531
- Short: 12391
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
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NQ Power Range Report with FIB Ext - 8/29/2022 SessionCME_MINI:NQU2022
- PR High: 12512.00
- PR Low: 12460.00
- NZ Spread: 116.5
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.59% (open > 12558)
- Last Weekend Gap: -0.18% (open > 13125)
- 8/19 Session Gap: -0.04% (open > 13540)
- Session Open ATR: 300.97
- Volume: 50K
- Open Int: 260K
- Trend Grade: Bear
- From ATH: -25.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 13794
- Mid: 13531
- Short: 12959
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
$SPY - scenarios of interestPotential scenarios on $SPY for the upcoming weeks. 0.5 and 0.618 fib retracement and potential reversal. Will be cautious and if buying for swings I'll have stop losses right below in case this theory doesn't prove to be right. We had a strong volume on Friday's selloff, which suggests we can go lower.
$SPY - selloff headed to Scenario CSPY didn't care about supports and dropped over 3% in one day. Scenario C seems more likely. 50SMA and also 0.5 fib retracement and volume shelf in that range.
COSTCostco chart here shows a head and shoulders formation which is bearish..
Chart got originally striked so had to repost this lol -- 510 bearish target with a 390 buy in mind for the long term portfolio.
510
390
EURUSD still on the hunt for easy shortsStill waiting for a setup to produce its self on EURUSD but I thought id update, I probably wont trade this pair until next week as price is in a bit of a free fall and needs to give some better areas for entry.
$SPY - $413 seems inevitable $SPY premarket does look ugly. Here're some potential scenarios.
A - supply/ demand zone around 413 and the 20EMA. Volume shelf on 413 also.
If we break down the next will be scenario B, previous pivot around 406-408 and the 100SMA.
EURUSD easy short freefall Definitely on the watchlist for trades early next week as we should get a opportunity to catch these sell offs.. Ill be waiting and will try update before I take my position if the entry is there.
$SHOP emergency - down 15% pre-marketSHOP has been hovering around the covid lows for months now. Earnings coming soon. If we break the $30.50 support, hasta la vista, see you around $20. Bad times for this stock, sadly.
ROKU options ahead of earningsIf you haven`t sold the double top on ROKU:
Looking at the ROKU options chain today, i would buy the $65 puts with
2022-7-29 expiration date for about
$0.32 premium.
Looking forward to read your opinion about it.
ETSY options ahead of earnings If you haven shorted ETSY here:
Looking at the ETSY options chain today, i would buy the $60 puts with
2022-11-18 expiration date for about
$3.35 premium.
Looking forward to read your opinion about it.
WHERE WILL IT GO ? THE BLUE PILL OR THE RED ?Always the SAME CHOICE
REALITY or ILLUSION ?
TRUTH or LIES ?
RED PILL or Blue ?....
BTC ahead supports and compression of buy ordershello everyone
according to the us CPI 8.6% and highest number in past 40 years
probbably we walk throgh 0.75% interest rate increase.
so we lost 25500 support and now on 23500.
if we lose this level we can downward to 22000 and 20000 area
and after that 18000-19000.
this levels are so exciting for longterm holders and its an incredible accumulation phase.
but if the inflation dont stop , we also can see lower supports like 17000 or maybe 12000!
but according to the compression of buy orders in 20000 - 23000 levels i think these levels are
very important and if inflation record a high level and start to go down we dont go lower from this
levels.
BITCOIN DECIDES TO DROP TO 17,000 NOW , OR MORE TIME IN TRIANGLEThe Bitcoin Price Action is confirming UNRELENTING DROPPING TREND.
Even the a ARTIFICIAL Pumping up on Saturday cannot change the DELEVERAGING PROCESS.
The Institutionals are DELEVERAGING in RAPID sequence of LARGE SELLOFFS.
All the rest are FORCED TO SELL by these Institutional sellofs - in particular, THE MINERS are DUMPING their product, before it becomes a loss on their books.
Naturally all the rest, also follow these significant Selling actions, as the bitcoin price becomes deterministically DECREASING.
No amount of calculated bluffing by the MM -s and their pumping can change THE REALITY - BITCOIN WILL CONTINUE TO DROP FURTHER.
A textbook triangular Flag , that appears After a Huge drop is the TRANSIENT oscillation before the next LEG DOWN to 17,000.
TREND IS YOUR FRIEND - BITCOIN CHANNEL INTERSECT at 5,100 THE TREND IS YOUR FRIEND - THE FIRST GOLDEN RULE AT THE FOUNDATION OF TECHNICAL ANALYSIS.
A Multi Month parallel channel from December 2021 is PERFECTLY confirmed by Price Action; The NEXT INTERSECTION with The Lower Support Trendline
Is IN THE PRICE CENTERED ON 5,100 dollar per Bitcoin.
In full agreement with the previous bottom at 3500 ADJUSTED for inflation.
Converges with similar predictions by supply zone and multi-year Bitcoin lowest values behaviour.
Bircoin BREAKS Lower Support of a WEDGE - BIG Move has BegunA day-long very methodical oscillations have built a strong wedge -
AND IT HAS JUST BEEN BROKEN ON THE LOWER SUPPORT.
LONG AND STRONG DROP IN PRICE HAS JUST BEGUN
MMAT Sell Off Target we tested our past resistant around the 2$, now we have to hold above the 1$, and consolidate till we have a break for our current resistant around the 1.45$, this resistant will give us the first sign of reversal or another sell off, first by breaking it , which means we confirmed the huge buying pressure from institution above the 1$, and contune to go to test the 2$, the second is if we got rejected at that resistant (1.45$) that's means we going to back around the 1$, and if we broke it we going to go down till the strongest bottom for this year above the 0.50$.
NASDAQ:MMAT
Why Price Matters - SPX to $4200The SPX reversal to $4,200 provides an opportunity to learn from the pros and get back to the basics of trading. This means understanding the numbers and being able to buy things wholesale and sell them at a retail price. With this knowledge, you can be a successful trader.
ETHUSD is in trouble Bullish breakout supposed to be expected bit failed breakout and the sell off doesn’t seem to be over as we thought it would. Technically 700-800 support isn’t strong enough .. when you look at the chart 500- mid 600 has the strongest support area.
If you are still in a buy please secure your profits immediately.
Safe trading and this isn’t financial advise.
Mostly ETHUSD need to find strongest support
Bitcoin SUDDENLY FALLS - ON SATURDAY...
When a big Fund or Whale intend to sell and LIQUIDATE a big Chunk of its soon-to-be-worthless Bitcoin - it OPTIMIZES the time and day.
The smallest participation in the Market is of course on Saturdays and Sundays when almost all the Institutionals are closed.
Then The price reaction to a big sale will be the least on weekends.
This IS A REPEATING trend - BIG BITCOIN SELLOFS start on weekend.
USDT Dominance Analyzehello everyone.
we see a breakout from upward channel and maybe we have a pullback to upper line
and after that we go upper.
increase in USDT.D means that we have another sell-off in market.
maybe we will see new bottoms for BTC according to this section.
!!!NOTE!!!
my posts are not trade or invest advice
and you should do on your own opinion.
please be careful and protect your capital
