patricktapper

patricktapper

MYM has been moving with weekly pivot ranges this week. Question is, will the current level hold or will it need to overshoot and pullback from the more recent highs around the 28k level.

patricktapper

Pivots (esp weekly) are quite reliable on commodities and currencies.

patricktapper

Nice reaction points.

patricktapper

Good reaction points

patricktapper

Coincidentally maxed out at the first hour high... maybe 'cause of the R1 weekly pivot. See what happens next week... again ;)

patricktapper

Catch the bounce and see if it fills the gap above

patricktapper

Pay attention... or don't

patricktapper

SPY at Yearly Pivot - Lookout below when this eventually drops

patricktapper

Next Stop?

patricktapper Updated 

Sell ES and buy NQ

patricktapper

Key Probability Ranges for today on 6A

patricktapper

Tick Divergences on SPY (Weekly)

patricktapper

Most times you see these divergence (marked in orange box) it is a precursor to a change in trend. Historical occurrences are shown as well as now with the NDX

patricktapper

Well this divergence don't look great. Watch for a break of this trendline.

patricktapper

Where is the money flowing to now?

patricktapper

XJO and AUD somewhat correlated - global money flows

patricktapper

ES getting ready for the next leg down

patricktapper Updated 

Capitulation... volume blowoff. Who do you think has sold into this?... Now if Amazon starts to go back to normal as people leave their homes, do you think they will be spending money online as much?