TradeSniper_com

04:16

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In this analysis, I break down the QQQ trendlines, highlighting a key trendline that dates back to the end of 2022’s market downturn. This level has acted as a strong support zone, with price currently testing key levels around $511, with additional support near $500 and $485. 📊 Key Takeaways: ✔️ Current Trendline Support – Price is respecting major trend...

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LONG TERM TREND: Neutral/Bearish TIMEFRAME: Intraday What a textbook ascending triangle pattern we're witnessing on SP:SPX today! 👀 Price action has been absolutely pristine, giving us multiple touches on both the ascending support trendline and the horizontal resistance. Each bounce off support has been getting progressively higher, while sellers continue...

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We're not talking a real death cross here, but you did just get a 4H death cross on ES_F. Not to be taken lightly if it happens on the 1D chart, but i think a 4H death cross should be considered serious as well. Death Cross: www.investopedia.com I could see the picture of getting back to $4450 area to form head and shoulders and then sliding down from there. Just...

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Possible Head and Shoulders on ES_F 4H Chart. Would imply we rally back to 4450 in next week or two and then drop further than current levels over few weeks or so after that. Just a possibility, but fits near perfectly with seasonality.

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The levels I'll be trading today: $4450 - $4475 Channel $4460 mid-point with some resistance/support Break of channel = probable major volatility & run in that direction (not trading advice - for my record keeping) Follow me & click bell for daily levels $SPY $ES_F $SPX

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We've tested and re-tested and re-tested $448. Currently broken to downside and coming back up to re-test from bottom. I suspect $448 holds as resistance and we head down to test next key level of $445. If we lose $445, watch out below.

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SPY momentum not looking so hot 🤷‍♂️Everything seems to be topped out and coming down. Let's see if the fed can come to the rescue once again.

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PTON meeting some support, but still has the $100 gamma hedge wall to break. I am playing some short term vertical put spreads and will roll if needed. I think we float around and base while we test and try to beat down and possibly eventually squeeze through the $100 level gamma. Tell me your thoughts!

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Clear double top on BTC unless topside resistance is broken

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I am neutral on TWTR. I am initiating an iron condor 39 days out for a $133 credit with a max loss of just over $300.