kameronbourne

kameronbourne

Spy finally seen a reaction after filling the gap at 444. We can see higher movement towards ATH once again with a break through this 449.50 level I am watching and then 452.70 which is basically making even tops if it doesn't break through that level ( can see it more clearly on the 30 minute chart).

kameronbourne

If you look on the daily chart current PA for apple looks like a good play for a possible call from the swing low. Zooming out to the weekly chart and with the size of these red candles there is more liquidity to be taken at lower PA. I would like to see how Apple reacts at 139 and best reward to risk ration would be 130 where I would be pretty aggressive on calls...

kameronbourne

The markets have look to be on the bearish side as of late. Seems to be looking for liquidity before it decides to go for ATH again. Could see a turn around at the gap fill on the 1HR at 444.29

kameronbourne

Looking for an area where Spy finds resistance from the bullish trend it has been on. Targeting 412-420 (top blue box) which are the extended 1.2 to 1.6 fib levels from the 384 low. Also have a fibonacci cluster on the time axis for April 16th fib time zone phase 2 has lined up perfectly with the 100% marker of the fib trend time zone indicator (the darker green...

kameronbourne

Fibonacci cluster play, fib retracement cluster at 691 and 689 to 676 bottom at that moment of the session (676 is also a support from my daily chart levels). Gave me a cluster of .618, .5, and .382 fibs lined up together where the top blue box is drawn, seeking for price action to retrace in that area to enter a short. A fib extension was then placed from 691 to...

kameronbourne

Levels are established on the daily through fib retracement from High to low swing, zoomed in on the 5 minute to trade between those levels as I follow structure of the ETF. Fib retracement levels are established again within the imbalances on the 5 minute to find zones for entries and exits (blue box). the bottom blue box is the .312-.618 level of the 3/26 run up...

kameronbourne

CPRT long practice play