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NQ Power Range Report with FIB Ext - 10/2/2024 SessionCME_MINI:NQZ2024 - PR High: 19986.00 - PR Low: 19905.75 - NZ Spread: 179.25 Key scheduled economic events 08:15 | ADP Nonfarm Employment Change 10:30 | Crude Oil Inventories Liquidity run back below 20000, front running 19800 near KA cloud Session Open Stats (As of 12:25 AM 10/2) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 333.31 - Volume: 27K - Open Int: 234K - Trend Grade: Bull - From BA ATH: -4.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 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. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQZ2024
by mv3trader5
NQ Power Range Report with FIB Ext - 4/16/2024 SessionCME_MINI:NQM2024 - PR High: 17891.75 - PR Low: 17874.25 - NZ Spread: 39.0 Key economic calendar event 13:15 | Fed Chair Powell Speaks Broke 200+ points below Mar inventory and holding - Ranging below prev session low - 17800 daily inventory from Feb Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 287.80 - Volume: 40K - Open Int: 257K - Trend Grade: Bull - From BA ATH: -4.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQM2024Short
by mv3trader5
NQ Power Range Report with FIB Ext - 10/26/2023 SessionCME_MINI:NQZ2023 - PR High: 14430.75 - PR Low: 14352.75 - NZ Spread: 174.75 Key Economic Events 08:30 – Initial Jobless Claims - Durable Goods Orders - GDP 10:00 – Pending Home Sales More after hours volatility on earnings - Session gap down, continuing prev session inventory decline - Break and holding below key 14600 inventory Evening Stats (As of 1:45 AM) - Weekend Gap: +0.21% (filled) - Session Gap 10/26: -0.29% (open > 14465) - Session Gap 8/2: -0.33% (open > 15807) - Session Gap 7/20: -0.11% (open > 15939) - Session Open ATR: 270.79 - Volume: 65K - Open Int: 263K - Trend Grade: Neutral - From ATH: -14.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15247 - Mid: 14675 - Short: 14103 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.
CME_MINI:NQZ2023
by mv3trader5
Virgin Galactic New All Time Lows & Price Decline TargetsHi Guys! This is a Technical Analysis on Virgin Galactic Holdings (SPCE) on the 3 Day Timeframe. We have been on a continual PRICE DECLINE since our MAJOR REJECTION, June 22, 2023. Its depicted by the Massive ENGULFING BEAR Candle. This area was also a Major RESISTANCE area with convergence of the RED and PURPLE lines. Note that Previous times we've had touch points on the PURPLE Upper Trendline of the Channel we've had massive PRICE DECLINES. 1st one = 53% 2nd one = 60% 3rd one = 54% At the time of my previous posted Idea, we had closed below the BLACK SUPPORT trendline. But i mentioned we needed "Confirmation". Well its absolutely CONFIRMED, and thus continual price decline. (Check out my previous idea on SPCE BELOW for more context.) We have also reached 2 of our 3 TARGETS mentioned on my previous idea, with continual BEARISH momentum therefore the update. We are Currently in the process of printing a New Lower Low for SPCE, with the break of our MAJOR SUPPORT RED Dashed line. Note also: Since this is a 3 day chart, we close the candle on the 17th of August. We also would need atleast 1 more candle after that if not more, that confirms the BREAK of SUPPORT. With our current momentum i believe we may have further DECLINE. 1st Target = BLUE Support Trendline 2nd Target = PURPLE Lower Support Trendline of Channel For Awareness -> It is possible we bounce from the BLUE line, a potential retracement being the BLACK trendline we initially broke out of. Keep an eye for Confirmation of Support. But I still do think its PROBABLE we touch the PURPLE Channel as our Final Target, and potential BOTTOM. Whether right away or after the bounce play mentioned above, hard to tell currently. I like this area because it would Strengthen the BULLISH DIVERGENCE currently forming. (Provided the signs of BULLISH DIvergence remain in our indicators). I see this as a necessary capitulatory move, flushing out weak hands and setting out a Bottom Base. At the end of each PRICE DECLINE, when we interact with the PURPLE Lower Trendline of the Channel. It leads to a significant bounce back up to the Upper Trendline of Channel. I won't highlight the % gains. I want you to Measure them for yourself but there MASSIVE gains. Keep that in mind. On the RSI, we've been REJECTED. Now we are moving towards the lower Support line that coincides with the BULLISH DIVERGENCE Play. We need to maintain SUPPORT here. Furthermore, for our BULLISH DIVERGENCE to play out we need to BREAK ABOVE Rejection zone. STOCH RSI is currently Below the 20 level. We don't want to be here for too long. We need to see a BULLISH cross above the 20 level. It moving towards the direction of the 80 level. The BULLISH cross should occur after touching one of the 2 TARGETS. Just keep in mind, if we are going to go to the PURPLE line, we may be staying down here for weeks to couple months. Keep an eye Notice also our VOLUME -> Our volume has been picking up since RJECTION. Which validates this Downtrend. Was giving us some hints before New Lows. Just food for thought: As a trader always have your options open and be flexible. We do not have crystal balls of what price will do. Being unpredictable, markets do what they want based on human psychology so never fixate on one target. Keep an open mind to different possibilities. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. ***Read my Previous Analysis BELOW From 08/06/23 For More Context! Stay tuned for more updates on SPCEin the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NYSE:SPCEShort
by SafofAllTrades
13
Netflix Breaking Major Support Not a Good look Hi guys! This is an Update on Netflix (NFLX) on the 1 day chart. We are currently at risk of a trend change in the makings due to a breakdown of Major Support. This is a zoomed in look on the daily timeframe. But if you look at my previous idea below, notice the Uptrend Channel that Netflix has been following since June 2022. Todays candle is currently BELOW this Support trendline of the Channel. Not a good look for Netflix. But brings in opportunity for take a Short, once confirmation comes in. Notie also that with the print of the Massive BEARISH Engulfing Candle, we are now below the 21 EMA. Note the BEARISH Engulfing Candle indicates extreme selling pressure. It shows that the majority of the previous move up to the resistance was sold off by this 1 candle print. With this daily candle & the engulfing candle it equates to the entirety of that move. Being BELOW the 21 EMA, tells us declines are likely ahead of us. ALso if we are where we are with the close of our current daily candle, we will confirm BELOW 21 EMA. Thus supporting probability of further declines. Look to the Black Horizontal Line below us for our current target for this price decline. BUT if we can somehow move back ABOVE the channel, by the end of the week before CONFIRMATION. This could support the probability of us resuming our Uptrend. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on NFLX in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:NFLX
by SafofAllTrades
Disney Macro Looks Dire with Risk of Further 40% DeclinesHi guys! So this is a Pure Technical Analysis on the Macro structure of Disney (DIS). Macro in that we are on the 1 Month timeframe so each candle is 1 Months worth of price action averaged in. Just note why i don't ever look at news to influence my trades. We got rejected from our highs in October 2021, Desantos bill signing that sparked the lawsuit stuff happened June 2022. Prices were already on the decline way before. Just saying. Anyway moving on. What i want to point out is our current price action. We are currently BELOW the Major SUPPORT LINE that played support for about 7-8 years. Being a monthly timeframe, just note we have NOT yet confirmed as our current candle is ongoing. Ideally We would need to get back ABOVE and confirm Support to prevent further declines. BUT if we do confirm here its NOT a good look. BELOW the "The Last SUPPORT Line of Defence" is even way worse. If we end of Confirming Resistance Below "the Last Line of Defence", we risk almost 44% Price DECLINES back to the highs of a previous consolidation zone or the line labeled "Major Support". Its because the Rapid Price Increase labeled "Weak Market Structure" has no distinctive/ strong Support zones. Theres nothing to cushion the eminent Price Declines that may be awaiting us. Its mainly because we didnt test SUPPORT and have a slow methodical rise in price. We also recently printed a DEATH CROSS. By the looks of that monster mouth, its a long ways before its momentum fizzles out. If VOLUME also continues to be on the rise while we have this DEATH CROSS and price declines, aspect more price declines. And the likely scenario of the DECLINE to "Major Support". Keep in the back of the mind: This could make for a solid SHORT play once that confirmation below the last line of defence happens. Anyway look to smaller timeframes for more current price action to see how things shape up for the macro. Keep on the look out for updates in the hourly, daily or weekly timeframes. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on DIS in smaller timeframes in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NYSE:DISShort
by SafofAllTrades
4
SLB is breaking out of a head and shoulders patternIn this chart I point to main chart pattern in the SLB prices at this moment, that is the head and shoulders. Not only that, but the prices are doing a breakout of this pattern, that I indicate step-by-step at the purple text in the chart. I am also trying to take some advantage of this movement, and so I bought a very short term put option to try catch some profit from an eventual falling in prices. The put information is in the gray text in the chart.
NYSE:SLBShort
by thessia_
2
NQ Power Range Report with FIB Ext - 5/12/2022 SessionCME_MINI:NQM2022 - PR High: 12008.00 - PR Low: 11951.25 - NZ Spread: 126.75 Evening Stats (As of 1:00 AM) - Gap: = N/A - Session Open ATR: 455.46 - Volume: 44k - Open Int: 258k - Trend Grade: Bear - From ATH: -28.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 - Short: 11820 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.
CME_MINI:NQM2022
by mv3trader5
NQ Power Range Report with FIB Ext - 2/24/2022 SessionCME_MINI:NQH2022 - PR High: 13517.75 - PR Low: 13457.25 Evening Stats (As of 11:50 PM) - Gap: = N/A - Session Open ATR: 446.46 - Volume: 161k - Open Int: 261k - Trend Grade: Neutral - From ATH: -21.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 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.
CME_MINI:NQH2022Short
by mv3trader5
NQ Power Range Report with FIB Ext - 10/1/2021 SessionContract - CME_MINI:NQZ2021 - PR High: 14712.75 - PR Low: 14687.00 Evening Stats - Gap: = N/A - Session Open ATR: 220.88 - Volume: 57k - Open Int: 225k - Trend Grade: Neutral - From ATH: -7.0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 15819 - Mid: 15247 - Short: 14676 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.
CME_MINI:NQZ2021
by mv3trader5
BTC-USD(Head and Shoulder Breakdown)Bitcoin after rallying ~12.5x from its low on the Black Thursday (March 12, 2021), was showing signs of exhaustion. Although Bitcoin surpassed the level of 60k, since February, it had started forming strong Bearish candles giving us the first indication of the move getting exhausted. In April, while Bitcoin hit its All- Time High of ~$64.8K, the weekly candle closed in red followed by a bearish candle which closed below the level of $50K. Until this time, there was a clear indication of Head and Shoulders Pattern in formation. With the news of Tesla halting the acceptance of BTC, the Right Shoulder broke the baseline of the pattern and closed below it. The news of the ban in China added fuel to the fire and recorded it in BTC history as the day with the biggest fall in terms of points. The support for the BTC is present at $38.9K, $34K followed by the major support at $30K.
COINBASE:BTCUSD
by TradeDog-Research
Trend Reactionary Numbers Natural Contraction & ExpansionThrough trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these future points of support and resistance . These levels have become my propriety Trend Reactionary Numbers that through natural market movements need to be adjusted. You will ascertain with the help of my TRNS that market movements assemble themselves into a few conspicuous types of action that have a certain orderliness. This orderliness is the price expression of human nature, or market psychology it is where we get to watch what drives traders to do what they do. It is a picture of the most powerful human habits. The habits of Fear, Hope and Greed are all charted out for us to observe and take advantage of.
CBOT_MINI:YM1!
by Tommygunn
Not a perfect entry but still worth the tryThe uptrend obviously has weakened and the price is about to close beneath the (quite steep I must say) support. Of course the prefect short entry would be at $94 as AAVE was trying to break the resistance for the third time but I wasn't familiar with the chart at that time so I ask you to forgive me for that. If we will try to break that level again I will simply add to my short position with a very small SL. The goal is basically 0.618 Fib level and the previously established buy zone.
Short
by Detri_Mantela
4