


Following my bullish HL stock outlook, Gold prices reached an all-time high of $2,135.39 per ounce in December 2023, driven by a weak U.S. dollar and anticipation of Federal Reserve rate cuts, highlighting the impact of monetary policy and economic indicators on gold's value. As we look into 2024, adjustments in the Fed's interest rates and U.S. real yields are...
Technical: Bottom of large consolidation, it looks like shorts are having a hard time pushing lower given the effort and result. looking for a 238 or 382 retrace to take some profits, 618 very probable. Looking for Low volume nodes as areas of resistance. as we cross these we can expect the stock to run until we find liquidity or less aggressive...
Taking a little linger than anticipated, again will re evaluate at 618 retrace. target still remains.
Had a larger bounce than anticipated, but still eyeing .618 retrace and will evaluate from there. SPY looks like a double top, CPI and PPI i'm not sure support a further run from here.
Spy might be reaching its peak, with a potential $461 area (236 retracement) in sight. Anticipating ADA to maintain its downward trajectory, it's also adhering to these Fibonacci levels from the last run. If history repeats itself and we observe tight liquidity as indicated by the Volume Profile, coupled with aggressive selling, a 50% retracement, or even a 61%...
Screaming buy right here, Just purchased some silver myself Per my last published silver idea, we saw a bounce exactly at the price I predicted. Market microstructure (low volume nodes) areas considered cheap and expensive relative the the last accepted point of liquidity or PoC point of control) when we meet a LVN and have little volume, there is no interest to...
buyers able to keep off the down trendline support over the last few days, todays volume an inability to break lower tells me buyers are becoming aggressive, also yesterday AMEX:SPY we had a break out and rejection, i think this may be temporary and we will see an uptrend. target a 618 retrace--ishhhhh.
Hey traders! 👋📊 Today, let's dive into an intriguing classic drop base drop setup that has caught my attention on the charts. 📉💼 The recent market movement revealed a lucrative pattern, highlighted by today's MM (Market Makers) absorption. 📈💰 This absorption has strategically paved the way for a potential leveraged movement within the $449 dollar range, showing...
classic drop, base, drop setup forming next week? watching this area to re load puts. looks like an absorption maneuver by mm's here to leverage in short. ;) AMEX:SPY
Again... Market microstructure typically shows that low volume nodes on Volume profile and past low liquidity when revisited with "relatively" low volume creates support and resistance areas as you are seeing a lack of participation from one side, high volume in these areas mean aggressive sellers/buyers are still willing to cross the bid/ask spread to break into...
TVC:SILVER Personally accumulating silver, these are my areas I want to look out to buy. Market microstructure typically shows that low volume nodes on Volume profile and past low liquidity when revisited with "relatively" low volume creates support and resistance areas as you are seeing a lack of participation from one side, high volume in these areas mean...
Down trending into key support levels, watching low volume (liquidity) TVC:SILVER node areas of trading range as these are areas if we see low volume will reject and act as support. two levels here noted, one at $19.80 area as a good average down opportunity. multiple levels of confluence in both locations.
No signs of slowing market wide, shortages becoming more apparent again. My next Target 1132-1180 Area, Will Re-evaluate there.
Headed to Pre pandemic steel prices, Not sure how long it will take for the wave to hit retail.