SnowflakeTrader

SnowflakeTrader Updated 

I would stay away from TSLA, Its choppy and sideways. I think after this week the market will make its move. It is in fact a Roll over week. Watch for fake breakouts and play safe (small/ Intraday) if you have to.

SnowflakeTrader Updated 

See the green UMVD which is now turning purple, that means divergence - Now we are below RED TrapZone and if we get RED UMVD now AFTER DIVERGENCE - We will start selling further Down.

SnowflakeTrader Updated 

Futures seems to have broken the resistance, but is seeing selling at the moment. So I belive we will see and test the Support now.

SnowflakeTrader Updated 

Watch out for Buying at the tops, that promptly follows with selling. We are going to correct the S&P500 and other indices so be careful if you are long TSLA * UMVD is red and so is Market strength indicator. Prices are stuck under Red TrapZone*

SnowflakeTrader Updated 

We see Trapped buyes on the way down. Wait for Green TrapZone & Green UMVD for buying opportunities. RIGHT NOW TREND IS DOWN

SnowflakeTrader Updated 

Price now trapped under the RED TrapZone and UMVD also shows selling in the market. So TREND NOW is lower wait for green TrapZone and green UMVD to signal up moves

SnowflakeTrader Updated 

As long as Price stays below Red TrapZone we are in downtrend. Watch for Market Trapping buyers every time price pops higher. use UMVD to see this.

SnowflakeTrader Updated 

Strong Red TrapZone and Red UMVD for Oil futures, We are going down even further.

SnowflakeTrader Updated 

UMVD picked up Green/ Buyers in GOLD futures around the 29th. Prices have stopped falling and got support here. Lets see when the prices hit the resistance level marked. Watch for Red UMVD at that time

SnowflakeTrader Updated 

Selling started close to the top and UMVD is showing red for selling pressure. TrapZone is strong and wide so Upward trend may resume. I believe we will poke below the support area before rising higher.

SnowflakeTrader Updated 

It is normal to see selling after a big run and price goes sideways. IT IS NOT the best Time to ENTER though! What do you think ?

SnowflakeTrader Updated 

Both Price action analysis by TrapZone Pro and Volume analysis by UMVD points to GREEN ahead

SnowflakeTrader Updated 

Based on analysis of Price Action and Volume together, we can see that current volume is trending higher while the Price has Red TrapZone formed. Therefore there is NO VALID Trade Bias. Price action analysis is performed by TrapZone Pro. I published a "Volume Only" analysis using the Unusual Market Volume Detector as well to form a contrast. Price action only...

SnowflakeTrader Updated 

Take Partial Profits as soon as the TrapBars Start Forming. Currently We don't see any TrapBars Forming. The TrapZone Is Green So Wait for Entries back close to The TrapZone, Instead of making a FOMO entry now. Let us know how "TrapZone Pro" Entries look on the Chart ? Remember, they occur in Real Time. Check out the TrapZone Pro Script Page for more Information.

SnowflakeTrader Updated 

If we continue with Red Bars under the Red TrapZone we will most likely break below 400. Chart with next support levels. Keep Any Eye for Sharp Turn arounds, as NVDA tend to do that !

SnowflakeTrader Updated 

Bulls Are At It, Offcourse. When do you take Profits though ? Trap Bars are forming Now. price Hasn't Retraced to Green TrapZone for about A week. Retrace Is expected back to Trap Shorts and Shake weak Longs - SOON ! Hourly Candlestick Chart of MCL/ Crude Futures with TrapZone Pro

SnowflakeTrader

Based on the price movement of BankNifty, 15m Candle chart provides best Technical Analysis. This is Due to Seemingly common Large overnight Gaps. Currently Price is falling back into Green TrapZone and Trap Bars forming. So No Trades Yet. Stay Long Biased

SnowflakeTrader Updated 

As you can see we have Green TrapZone forming on all the four major market indices. We can expect a slight pullback and then a move back higher, AS LONG AS - we have Green TrapZOne Intact and moving higher. Price may pull back into the TrapZone BEFORE moving higher to Trap Shorts. Keep an eye on the OBV trend for confirmation before trading size. Cheers