patricktapper

patricktapper Updated 

The candle is yet to close. But if it closes under the current candle and under the monthly pivot, all things considered, its upward run may be over.

patricktapper

NQ has to stay above monthly pivot otherwise look to low targets around 13,451 and 13,019 On Balance Volume is not showing any buying at all.

patricktapper

Friday's close was below the low of Thursday. This is a conditional change. Price has also just broken the monthly PP. Both facts point to a lower downside target shown on the chart. On Balance Volume is weak - larger traders are reducing their long positions.

patricktapper Updated 

Possibly a top is in for the market looking at the SPY. It has hit quarterly pivot and OBV is decreasing at an increasing rate.

patricktapper

I think Elon might have bought the top. That's a very expensive piece of that company ;(

patricktapper

Classic short positioning with LCD and price up near Q pivot. Volume on OBV is poor.

patricktapper

ES hit Quarterly Pivot recently with a LCC. More downside in store most likely. Volume on OBV is terrible.

patricktapper

NQ is a yearly pivot. Volume is weak and more downside looks on the cards.

patricktapper

Confluence of tend line, 200 ema and huge absorption from Friday's session. Set up to provide a relief really next week.

patricktapper

Multiple inside days range. Ready for a break with good relative volume.

patricktapper

Ledges to hold or break. The longer price ranges the more momentum and volatility the break should have.

patricktapper

Watch for breaks (carefully) - good short term trading opps on these. We have strong CB catalysts for movement this week for both of them.

patricktapper

This is not good structure for ETH. Don't be suprised to see further weakness and even a stronger breakdown.

patricktapper

4 inside days. Ready for a breakdown with first target.

patricktapper

This area hosted a key reversal with huge volume. Sets it up as potentially a huge break on a revisit.

patricktapper

Rinse and repeat. Wax on wax off. These times represent the best opportunities for asymmetric risk. Breaks have massive profit potential if you're positioned correctly.

patricktapper

You don't need to be the worlds best analyst to work out what's going to happen here! Multiple inside days in a row. Hang on to your hat.

patricktapper

See comments on AUDUSD. I am not writing any more shit because TV want me to fill a page. It's all in the image!