NQ Power Range Report with FIB Ext - 7/13/2023 SessionCME_MINI:NQU2023
- PR High: 15485.50
- PR Low: 15455.75
- NZ Spread: 66.75
Margins raised again ahead of PPI
08:30 – Initial Jobless Claims
- PPI
Daily range broken, making new year high
- Supply response over prev session high
- Ranging in prev session high into London hours
- PR+1 broken with retrace for inventory
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Open ATR: 212.31
- Volume: 31K
- Open Int: 251K
- Trend Grade: Neutral
- From ATH: -7.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15533
- Mid: 15247
- Short: 14675
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.
Volatilityindicator
📈 Unleash the Power of the Node Squeeze IndicatorThe Node Squeeze Indicator is a robust tool designed to help traders identify significant market moves in advance. By leveraging a combination of Bollinger Bands, Keltner Channels, and the Squeeze Momentum Indicator (SMI), this indicator effectively highlights periods of low volatility followed by high volatility expansion. In this post, we'll explore the key features of the Node Squeeze Indicator and how it can enhance your trading decisions across various styles and timeframes. #TradingView #NodeSqueezeIndicator #MarketInsights
Identifying Low Volatility and Anticipating Breakouts:
During the consolidation phase, the Node Squeeze Indicator plots a narrow band, indicating reduced price volatility. This period often acts as a precursor to a breakout or a major move in the market. By recognizing these moments of low volatility, traders can position themselves ahead of the crowd and anticipate potential explosive price action. 💥📉📈 #Volatility #Breakouts
Versatility and Customization:
One of the strengths of the Node Squeeze Indicator lies in its versatility and customizable parameters. Traders can tailor the indicator's settings to suit their preferred analysis approach and trading style. Whether you're a swing trader, day trader, or long-term investor, the Node Squeeze Indicator can adapt to your needs and provide valuable insights into market turning points and potential trend reversals. 🔄✏️ #Customization #TradingStyles
Enhancing Trading Decisions:
With its clear visual cues and combination of powerful indicators, the Node Squeeze Indicator equips traders with a comprehensive tool for making informed trading decisions. By using this indicator alongside other technical analysis techniques, you can validate signals and improve the accuracy of your predictions. However, it's important to remember that the Node Squeeze Indicator is not a standalone strategy or financial advice. 📊🔍✅ #TechnicalAnalysis #TradingDecisions
Risk Management and Analysis:
While the Node Squeeze Indicator can offer valuable insights, it's crucial to combine it with other indicators, analysis techniques, and risk management strategies. It's recommended to perform your own analysis and consider other factors, such as fundamental analysis, market sentiment, and economic news, to make well-rounded trading decisions. 📝💼🔒 #RiskManagement #Analysis
The Node Squeeze Indicator is a powerful tool that empowers traders to identify major market moves before they happen. By combining Bollinger Bands, Keltner Channels, and the Squeeze Momentum Indicator (SMI), it effectively highlights periods of low volatility and subsequent high volatility expansion. Regardless of your preferred trading style or timeframe, the Node Squeeze Indicator can enhance your trading decisions and improve overall performance. However, it should always be used in conjunction with other indicators and analysis techniques, and traders must exercise proper risk management. Unlock the power of the Node Squeeze Indicator and stay ahead of the markets with this comprehensive and intuitive trading tool. 🚀💪📈 #TradingTool #NodeSqueeze #MarketPerformance #TradingView
VIX is back to the 2021 level that preceeded market meltdownVIX fell below $16 after trying to take hold of $20 last week. The current value of VIX coincides with that, which it contained in November 2021, just before the market meltdown began. Taking into consideration that interest rates are nothing like they were in 2021 and the rally in stocks has been thus far driven mainly by a handful of companies, we are growing increasingly worried about the complacency present in the market.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Bouhmidi-Bands - Update: Check it out!Many Thanks for the feedback and following - Here are some updates that you wanted:
- update includes from now on the possibility to use not only the first standard deviation of the Bouhmidi-Bands, from now on you can also use the 2 standard deviation or an individual one like e.g. 1.6
- From default Bouhmidi-Bands a pinned to the right scale and are fixed now, so that you can just plot them with no adjust
📊Bollinger Bands In A Trending MarketBollinger Bands are a widely used chart indicator for technical analysis created by John Bollinger in the 1980s. They offer insights into price and volatility and are used in many markets, including stocks, futures, and currencies. Bollinger Bands have multiple uses, such as determining overbought and oversold levels, as a trend following tool, and for monitoring for breakouts.
📍 Strategy
Bollinger Bands measure deviation and can be helpful in diagnosing trends. By generating two sets of bands using different standard deviation parameters, traders can gauge trends and define buy and sell zones. The bands adapt dynamically to price action, widening and narrowing with volatility to create an accurate trending envelope. A touch of the upper or lower band is not a signal in and of itself, and attempting to "sell the top" or "buy the bottom" can lead to losses. Standard deviation is a statistical measure of the amount of variation or dispersion of a set of prices or returns from its average value. The higher the standard deviation, the wider the Bollinger Bands, indicating greater price volatility, and vice versa. Traders may use standard deviation to set stop-loss and take-profit levels or to help determine the risk-to-reward ratio of a trade.
📍 Calculation
First, calculate a simple moving average. Next, calculate the standard deviation over the same number of periods as the simple moving average. For the upper band, add the standard deviation to the moving average. For the lower band, subtract the standard deviation from the moving average.
Typical values used:
Short term: 10 day moving average, bands at 1.5 standard deviations. (1.5 times the standard dev. +/- the SMA)
Medium term: 20 day moving average, bands at 2 standard deviations.
Long term: 50 day moving average, bands at 2.5 standard deviations.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
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Inter-exchanges spread is an interesting volatility indicatorAfter observing how much price could be different between exchanges especially during times of high volatility and emotion, I wondered whether I could reliably aggreggate and display concisely this information to improve my trading without having to frenetically check a dozen tickers of the same symbol across a dozen different exchanges, as most traders do, myself included. This led me to create two indicators based on this idea.
Here is the first indicator, which summarizes the inter-exchanges spread by calculating the deviation (standard deviation or median absolute deviation, the latter being more robust against outliers - exchanges that saw scamwicks due to low liquidity or an unusually large whale doing an exceptional transaction):
And here is the second one, which instead displays clouds of min-max values overlaid on the price data, so that we preserve the price data, which can be directly used to define stop losses or entries:
The subject of this idea is what I highlighted by a red arrow in the chart above, from the second indicator applied to BTCUSD in the first half of March 2023, post SVB bank collapse. BTCUSD saw an unexpected face-ripping rally. No indicator I know of could predict it, and no price action was indicative, except from experience knowing that we were in the lows of the range and that it was a potential time for a rally up, but I could not predict the proportions. I knew that because of SVB being a black swan event, the pump could be big, but I had no indication it could be bigger than the post FTX rally.
However, the second indicator linked above provided a convincing evidence of a much bigger volatility in the highs (green cloud) than in the lows (red cloud), which suggested that, in addition to an overall high volatility and hence emotions and hence likelihood of a big move potentially happening soon, the bigger green cloud suggested a bigger interest in longs than in sales (red cloud). Hence, it seems the second indicator's green and red clouds can also be seen as representative of buying-selling pressure in some ways that even buying and selling pressure indicators can't show (see also my other indicator which is a merge of several buying-selling pressure indicators):
This is a very interesting observation that I don't think I saw before. I will keep investigating inter-exchanges metrics, as this may provide a new way to detect early market inefficiencies.
Bitcoin Volatility All-Time-LowBitcoin's volatility is currently at an all-time-low meaning we haven't seen major price changes in a very long time. This is incredibly rare for a very volatile asset such as Bitcoin, although the uncertainty in the markets fueled by recession thoughts is the likely cause of this.
$VXX looks like it's about to explode higherSo far the selloff has been pretty orderly the entire year and trying to play volatility hasn't worked. I think that's about to change.
$VXX has been consolidating in these two channels and looks like it's about to explode higher. If we can see $VXX get above $21 or so, I think we're about to see a huge move in $VXX. Similar to what we saw in March 2020.
I've marked off key levels of resistance on the upside. Let's see if it plays out over the coming weeks.
VIX - A strong warning to inexperienced investors! In September 2022, we warned investors about the volatility creeping back into the market and set price targets of 30 USD and 35 USD. Subsequently, in the following days after our warning, VIX skyrocketed, hit our price target of 30 USD, and halted its rise at 34.88 USD.
Despite the index halting its climb merely 0.12 USD below our price target, we remain very bullish. Indeed, we still expect our short-term price target of 35 USD to be reached within days or weeks.
However, we believe that VIX will not stop there but will continue higher, increasing the odds of a market crash. In our opinion, once VIX breaks above the range shown in the title picture, the market volatility conditions will start to resemble the market crash in 2020.
That would align with what we outlined about the general stock market progressing into the second stage of the bear market, which will be confirmed by declining corporate earnings over time. As a result, we expect trading conditions to become substantially more challenging; therefore, we voice a word of caution to inexperienced and lay traders.
Illustration 1.01
Illustration 1.01 displays the daily chart of VIX and two trendlines highlighting the uptrend.
Illustration 1.02
Illustration 1.02 shows the daily chart of the Nasdaq continuous futures, which have declined more than 30%. Additionally, the graph shows other major U.S. indices, all in the bear market territory.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NQ Power Range Report with FIB Ext - 7/27/2022 SessionCME_MINI:NQU2022
- PR High: 12307.00
- PR Low: 12190.25
- NZ Spread: 261.5
Evening Stats (As of 12:25 AM)
- Weekend Gap: N/A
- Session Open ATR: 323.37
- Volume: 34K
- Open Int: 264K
- Trend Grade: Bear
- From ATH: -27.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12959
- Mid: 11820
- Short: 10680
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.