Ive been going through major time frames for btc , what i noticed is that imbalances(colored candles)on the weekly time frame match the daily, the main area is 33k/32k ,lower time frames suggest we have imbalances to the downside all the way down to 40k which is at the 200MA level,we havent tested it since last year October, i think a break of 40k/38k will take us...
98 DTE contracts suggest we may have a bounce from $9.00, or come close, save lunch for dinner then head to the $10.00 area by mid Feb , so long as the +volume is maintained around these levels ,we can expect to pay these levels a visit , to sweeten the deal there are gaps that need to be recovered The $9:00 Area has plenty buyers ready to send this gal to work...
first post ever on this platform so please be nice haha, anyways, did my own basic analysis for the dollar ,I feel its far too early for a straight drop without some form of a retest at previous imbalances, seeing how most options that are negative for SPX,NDX like the SQ's ,PSQ etc are starting to see positive volume coming in from a 98 DTE perspective , with...