NQ Power Range Report with FIB Ext - 9/23/2024 SessionCME_MINI:NQZ2024
- PR High: 19996.25
- PR Low: 19996.25
- NZ Spread: 117.75
Key scheduled economic events
09:45 | S&P Global US Manufacturing PMI
S&P Global Services PMI
Inside previous week highs
Session Open Stats (As of 2:05 AM 9/23)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 373.40
- Volume: 32K
- Open Int: 225K
- Trend Grade: Bull
- From BA ATH: -4.2% (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
Volatility
Potential Scalp - RSI + Volume Based Reversal
A potential Short position is available whether or not we will be able to see a break from bullish ranging support levels. Over the past 2 days we have seen a major bullish push and now we may be able to snare a small to medium reversal back to retest some major bullish volume based price lines.
Some food for thought for your weekend trading.
Obviously with the bullish sentiment due to the recent rate cuts we must be diligent, however we have seen a major non circulating chainlink deposit into binance over the past 12 hours which may in the short term push prices lower. Potentially adopting the same mindset in Ethereum.
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. Exit With in 5 to 10 Days
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Thin k
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Quadruple Witching: What Retail Traders Should Know█ Quadruple Witching is Happening Today: What Retail Traders Should Know!
Today marks Quadruple Witching, a pivotal event in the financial markets that occurs four times a year—on the third Friday of March, June, September, and December. During Quadruple Witching, four types of derivative contracts expire simultaneously:
Stock Index Futures
Stock Index Options
Single Stock Futures
Single Stock Options
When all four of these contracts expire simultaneously, it can lead to increased trading volume and heightened volatility in the markets. The term "witching" is derived from the "Triple Witching" event, which involves the simultaneous expiration of three types of contracts (stock index futures, stock index options, and single stock options). Quadruple Witching adds the expiration of single stock futures to this mix.
This convergence leads to a surge in trading activity and heightened market volatility as traders and investors adjust or close their positions.
█ When Does Quadruple Witching Occur?
Quadruple Witching takes place on the third Friday of March, June, September, and December each year. These dates align with the end of each fiscal quarter, making them significant for various market participants.
█ What Retail Traders Should Be Aware Of
⚪ Increased Volatility
Price Swings: Expect more significant and rapid price movements in both individual stocks and broader market indices.
Unpredictable Trends: Sudden shifts can occur, making it challenging to anticipate market direction.
⚪ Higher Trading Volume
Liquidity Peaks : Trading volumes can spike by 30-40%, enhancing liquidity but also increasing competition for trade execution.
Potential for Slippage: High volumes may lead to slower order executions and potential slippage, where trades are executed at different prices than intended.
⚪ Potential for Market Manipulation
Large Institutional Trades: Institutions managing vast derivative positions can influence stock prices, creating opportunities and risks.
Short-Term Opportunities: Retail traders might find short-term trading opportunities but should exercise caution.
⚪ Emotional Discipline
Stress Management: The fast-paced and volatile environment can be emotionally taxing. Maintain a clear trading plan to avoid impulsive decisions.
Risk Management: Use stop-loss orders and position sizing to protect against unexpected market moves.
█ Historical Perspective and Market Behavior
Historically, Quadruple Witching days have been associated with noticeable market movements.
⚪ Price Trends
Some studies suggest that markets may trend in the direction of the prevailing market sentiment leading into the expiration day.
⚪ Volatility Patterns
Volatility tends to spike during Quadruple Witching, especially in the final hour of trading, as traders finalize their positions.
⚪ Volume Spikes
Trading volumes can increase by 30-40% compared to regular trading days, reflecting the high level of activity as contracts expire.
█ Tips for Navigating Quadruple Witching
⚪ Avoid Trading
Some traders prefer to stay out of the market to avoid unpredictable price movements and potential losses.
⚪ Stay Informed
Market News: Keep abreast of financial news and updates that may influence market sentiment.
Contract Expirations: Be aware of which contracts are expiring and their potential impact on specific stocks or indices.
⚪ Focus on Liquidity
Trade Liquid Stocks: Opt for highly liquid stocks and ETFs to ensure smoother trade executions and tighter bid-ask spreads.
Avoid Thinly Traded Assets: Steer clear of stocks with low trading volumes to minimize execution risks.
⚪ Use Limit Orders
Control Entry and Exit Points: Limit orders allow you to set specific prices for buying or selling, helping manage execution prices amidst volatility.
⚪ Monitor Key Levels
Support and Resistance: Keep an eye on critical technical levels that may act as barriers or catalysts for price movements.
Volume Indicators: Use volume-based indicators to gauge the strength of price movements.
⚪ Maintain Discipline
Stick to Your Plan: Adhere to your trading strategy and avoid making decisions based on fear or greed.
Manage Risk: Implement strict risk management practices, such as setting stop-loss levels and not overexposing your portfolio.
█ Key Takeaways
⚪ Frequency: Occurs four times a year on the third Friday of March, June, September, and December.
⚪ Impact: This leads to increased trading volume and volatility due to the expiration of four types of derivative contracts.
⚪ Strategies: Traders may choose to avoid trading, focus on liquid assets, implement strict risk management, or exploit short-term volatility.
⚪ Risks: These include unpredictable price movements, liquidity issues, execution challenges, and emotional stress.
█ Conclusion
Quadruple Witching can significantly impact market dynamics, presenting both opportunities and challenges for retail traders. By understanding the mechanics of this event and implementing strategic measures, traders can better navigate the heightened volatility and make informed decisions. Remember to stay disciplined, manage your risks effectively, and focus on liquid assets to optimize your trading performance during Quadruple Witching days.
-----------------
Disclaimer
This is an educational study for entertainment purposes only.
The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
NQ Power Range Report with FIB Ext - 9/20/2024 SessionCME_MINI:NQZ2024
- PR High: 20074.25
- PR Low: 20032.00
- NZ Spread: 94.25
No key scheduled economic events
Holding above 20K, ranging previous session highs
- Aug 22 pivot front run
Session Open Stats (As of 1:55 AM 9/20)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 377.04
- Volume: 24K
- Open Int: 207K
- Trend Grade: Bull
- From BA ATH: -4.5% (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
(BTC) bitcoin "BB Trend - long range view"Here is another look at the BollingerBand Trend indicator with a greater reach in view. As seen in the graph with correlated indicator BTC reached a red zone at the time when the price was at its highest this year before falling and as the price fell the indicator began to rise once more. Being in a red, or under 0, with the BBTrend indicator right now and what does it mean is a good question to try to answer. There are too many indicators and all of them cannot be laid on top of one another to see one giant indicator mess while trying to discover the hidden gem of the chart.
SPY500 $SPY | RALLY AFTER FED RATE CUT - Sep. 19th, 2024SPY AMEX:SPY | RALLY AFTER FED RATE CUT - Sep. 19th, 2024
BUY/LONG ZONE (GREEN): $552.50 - $575.00
WEAKER BULLISH ZONE (PALE GREEN): $552.50 - $540.50
Weekly: Bullish
Daily: Bullish
4H: Bullish
This was my analysis for the end of the day yesterday, forgot to post it. Price has already rallied fairly well today. The Fed cut rates yesterday 50bps, down from 5.50 to 5.00. Here is what I was looking at as the market became volatile when reacting to the news. Despite the market already quickly moving in favor of the bullish zone, I still think we will reach the top of that zone before any form of reversal or significant pullback.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, spy, sp500, s&p, AMEX:SPY , fed, federalreserve, fedrate, fedratecut, interestrate, jeromepowell, fedchair, 50bps, volatile, volatility,
NQ Power Range Report with FIB Ext - 9/19/2024 SessionCME_MINI:NQZ2024
- PR High: 19687.50
- PR Low: 19636.75
- NZ Spread: 113.25
Key scheduled economic events:
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales
Auctioning back to week high following nondirectional FOMC vol spikes
- Continuing to advertise short supply above 19880
Session Open Stats (As of 12:25 AM 9/19)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 378.32
- Volume: 53K
- Open Int: 207K
- Trend Grade: Bull
- From BA ATH: -5.3% (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
NQ Power Range Report with FIB Ext - 9/18/2024 SessionCME_MINI:NQZ2024
- PR High: 19698.00
- PR Low: 19679.25
- NZ Spread: 41.75
Key scheduled economic events
10:30 | Crude Oil Inventories
14:00 | FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
Maintaining week range
Session Open Stats (As of 12:25 AM 9/18)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 367.14
- Volume: 13K
- Open Int: 183K
- Trend Grade: Bull
- From BA ATH: -6.1% (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
Tight Squeeze in Uber Uber Technologies has drifted sideways for most of the year, but some traders may think it’s getting ready to move.
The first pattern on today’s chart is the previous all-time high of $64.05 from 2021. UBER bounced at this level in June and is trying to stabilize slightly above it this month. That may suggest that support has developed above old resistance.
Second, the 50-day simple moving average (SMA) is near the 100-day SMA. Both are near the 200-day SMA. Bollinger Bandwidth has also narrowed. Could that neutrality morph into increased movement?
Third, the ride-sharing company gapped higher after its last earnings report. It jumped again on Friday after expanding its partnership with Waymo. Those pops may reflect positive sentiment.
Finally, the last rally pushed UBER above a short-term falling trendline. That potential breakout and the higher monthly low may also suggest buyers are in the driver’s seat.
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The only Range you need for BitcoinTake the high and take the low. We are about to approach the red line. The middle of the range, which I think will serve as resistance. We could move to $61.4k by Wednesday, but the FOMC will shake the markets a bit then. On Friday, it will also be interesting to see if the Bank of Japan decides to raise rates.
NQ Power Range Report with FIB Ext - 9/17/2024 SessionCME_MINI:NQZ2024
- PR High: 19695.50
- PR Low: 19652.00
- NZ Spread: 97.5
Key scheduled economic event
08:30 | Core Retail Sales (2x)
Volume building for contract month Z
- Inventory collected below Friday's low
Session Open Stats (As of 1:45 AM 9/17)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 377.37
- Volume: 15K
- Open Int: 128K
- Trend Grade: Bull
- From BA ATH: -6.2% (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
NQ Power Range Report with FIB Ext - 9/16/2024 SessionCME_MINI:NQU2024
- PR High: 19526.50
- PR Low: 19479.00
- NZ Spread: 106.0
No key scheduled economic events
Holding inside Friday's close range
- Advertising potential daily rotation below 19400
Session Open Stats (As of 10:55 PM 9/15)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 386.19
- Volume: 13K
- Open Int: 199K
- Trend Grade: Bull
- From BA ATH: -6.9% (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
NQ Power Range Report with FIB Ext - 9/13/2024 SessionCME_MINI:NQU2024
- PR High: 19446.00
- PR Low: 19413.25
- NZ Spread: 73.25
No key scheduled economic events
Continuing to push auction above daily Keltner average cloud
Session Open Stats (As of 1:45 AM 9/13)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 403.49
- Volume: 19K
- Open Int: 228K
- Trend Grade: Bull
- From BA ATH: -7.1% (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
NQ Power Range Report with FIB Ext - 9/12/2024 SessionCME_MINI:NQU2024
- PR High: 19249.75
- PR Low: 19226.25
- NZ Spread: 52.5
Key scheduled economic events
08:30 | Initial Jobless Claims
- PPI
13:00 | 30-Year Bond Auction
Lifting back into daily Keltner average cloud
- Finding supply above previous session high
- Holding above 19300
Session Open Stats (As of 12:45 AM 9/12)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 414.47
- Volume: 27K
- Open Int: 238K
- Trend Grade: Bull
- From BA ATH: -7.9% (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
Technical Analysis of Kotak Mahindra Bank (KOTAKBANK.NS)Overview
The chart for Kotak Mahindra Bank Limited (KOTAKBANK.NS) shows a detailed technical analysis using a linear regression channel, volume indicators, and a trendline. This analysis aims to predict potential price movements based on historical data and current market conditions.
Linear Regression Channel
The linear regression channel plotted on the chart is a key indicator of the stock's trend direction and volatility. The channel is currently narrowing, which typically suggests a period of consolidation. This narrowing is happening alongside an increase in trading volume, indicating that market participants are actively trading within this range.
Volume Analysis
Volume is a crucial indicator in technical analysis as it provides insight into the strength of a price movement. In this chart, the increasing volume while the linear regression channel narrows suggests that there is significant interest in the stock at its current price levels. This could be a precursor to a breakout, as higher volume often leads to more substantial price movements.
Trendline Resistance
A trendline has been drawn based on the last three months of price data, acting as a strong resistance level. This trendline has been tested multiple times, reinforcing its significance. If the price breaks above this trendline, it could signal a bullish breakout, providing a lucrative trading opportunity.
Revenue and Market Sentiment
The recent improvements in revenue for Kotak Mahindra Bank add a fundamental layer to this technical analysis. Positive financial performance can boost investor confidence, potentially leading to increased buying pressure. Combined with the technical indicators, this suggests that the stock is poised for a potential upward movement.
Conclusion
In summary, the technical analysis of Kotak Mahindra Bank's stock indicates a potential breakout scenario. The narrowing linear regression channel, increasing volume, and strong trendline resistance all point towards a significant price movement. Traders should monitor this stock closely and be prepared to act if the price breaks above the resistance trendline.
NQ Power Range Report with FIB Ext - 9/11/2024 SessionCME_MINI:NQU2024
- PR High: 18847.75
- PR Low: 18826.25
- NZ Spread: 48.0
Key schedule economic events
08:30 | CPI (3x)
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
18400 pivot back towards Keltner average cloud
- Maintaining Friday's 9/6 range
Session Open Stats (As of 12:25 AM 9/11)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 395.12
- Volume: 30K
- Open Int: 241K
- Trend Grade: Bull
- From BA ATH: -10.6% (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
PLTR takes profit after gap upPLTR received some wonderful news lately and surged to dramatic highs very quickly
Gapped up then rallied during yesterday trading before settling off
Expected selloff is starting as hype wears off.
We should expect to see more selling off in the near term before stock settles
PLTR remains in the bullish zone so far. We are starting to see more weakness in risky tech assets forming. So expanding on long term bullish positions should be done cautiously.
NQ Power Range Report with FIB Ext - 9/10/2024 SessionCME_MINI:NQU2024
- PR High: 18741.00
- PR Low: 18696.00
- NZ Spread: 100.5
No key scheduled economic events
Maintaining Friday's range at ~50% retracement
Session Open Stats (As of 12:45 AM 9/10)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 403.17
- Volume: 28K
- Open Int: 243K
- Trend Grade: Bull
- From BA ATH: -11.2% (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
#1 Reason Starbucks Is Heading Up..Watch out for the restaurant business this week
because food is a good industry for this week.
Whenever i feel like my heart is not in the right
place because of work and fatigue or too
much sugar or salt. i eat raw corn
with nothing added to it.
Ideally cooked. This is a healthy choice
for my digestion and heart health.
Am not really sure of the current market health
all i care about is what is trending
And so am looking for trending clues
the only clue I have found is in Starbucks
this week
Also take note of the ECONOMICS:EUINTR
this Thursday as it will
impact this currency pair FX_IDC:EURGBP
from the downside.
Honestly, my main source is Bitcoin trading
am not really in the stock market
But i do have the system knowledge of
which stocks might or might not trend
You need to do your own research
To the find the best trade remember
these are just ideas.
Rocket Boost This content to learn more.
Disclaimer: Trading is risky you will lose money,
learn risk management
and profit taking strategies.