US30 - PRE NY SESSION ANALYSIS - 06092022 In the last week or so price has had a nice push up and is now hanging out around the 32750 - 33250 range approximately. This week has been consolidation with price bouncing up and down within a roughly 350 point range. On the daily price appears to be resting on a weekly support/resistance level of approximately...
US30 - PRE NY SESSION ANALYSIS - 05252022 Price appears to be breaking down as I post this video. After yesterday's push up, price hung out in the 31900 - 32050 range during Asian/Early London session. I got in to the positions I have now at approximately 32040 and my ultimate target is 31000. Trailing stops at 100 points after price. Let's see what happens,...
US30 - POST NY SESSION ANALYSIS - 05242022 An erratic day today. Price slightly pushed up after my last post. Stopped me out at approximately 31767. I then got back in to another sell order around 31725 around NY open. Shortly thereafter price dropped about 300 points, I was trailing my stops so I locked in 200 points at approximately 31500 before price came...
US30 - PRE NY SESSION ANALYSIS - 05242022 After a nice push up yesterday, price is hanging out around the 31600 - 31700 level. It looks like price may be forming a higher lower, turning previous resistance into support. However, the overall bias is still definitely bearish and I've entered a sell position around 31660 as the previous H1 candle appeared to be...
US30 - PRE NY SESSION ANALYSIS - 05232022 Price has pushed back up to the zone/previous level of structure in the 31400 - 31600 area. It appears that it is retesting this previous structure before it continues with the overall bearish sentiment evident on the higher TFs. I am looking for price to fully pull back into this zone, my sweet spot I am targeting is...
US30 Weekly Outlook - Where are we headed?! - 05232022 Last week was absolutely crazy for US30! There was a HUGE drop on Thursday 05192022 with a lot of volatility throughout the week. The sentiment on US30 is still definitely Bearish in my opinion. On the monthly we are seeing a huge bearish candle with 9 days left. We're also pushing down to the 38.2 fib...
US30 - POST NY SESSION ANALYSIS - 05172022 Price has just been hanging around between 32200 and 32700 today There was a sell opportunity at approximately 6AM EST however I did not enter as I did not think price was close to a reversal zone which would make it a high probability trade. Could have bagged 300 points 1:3 RRR potentially but oh well I'm waiting for...
US30 - PRE NY SESSION ANALYSIS - 05172022 Price has been pushing back up so far this week. Overall from the macro perspective I believe we still are in a bearish market. However, price is breaking above previous structure highs on the lower TFs. With this in mind, I have my eye out to see what price does over the next hours/days. If price continues to push up...
US30 - POST NY SESSION ANALYSIS - 05132022 Price bounced around today, didn't go in the direction of my target. I got stopped out around 32050. A couple hours later I re-entered when price started to show exhaustion around the 32050 level which I was previously stopped out at. This was showing some confluence with the MA 66 as a static resistance on the H1...
US30 - PRE NY SESSION ANALYSIS - 05132022 As anticipated, price pushed back up during Asian and London session and is now hanging out around the 32000 level. I have entered a sell position @ approximately 31960 with a 100 point stop which is clearly above previous recent structure lower highs. There is also confluence in this area with the MA 66 acting as a...
US30 - POST NY SESSION ANALYSIS - 05122022 Nice trading day today locking in about 300 points. Got in at 11AM EST on a 15min exhausted bullish candle with a big wick. Entered approximately 31800 and rode down to 31500. Price has since pushed down further to approximately 31200. Over the next hours of Asian and London session I am looking for price to pullback...
US30 - PRE NY SESSION ANALYSIS - 05122022 At the time of this post price is currently around 31600 and appears to be running out of gas. During Asian and London session price has continued to push down. US - PPI news at 8:30AM EST so we will see what effect this has. Currently I don't see any entry for my edge, there may be some short-term countertrend buy...
US30 - POST NY SESSION ANALYSIS - 05112022 Now THAT was a trade! After my last post, price DROPPED after the negative US - PPI news. I was in around 32450 and right at 8:30AM she dropped to the floor, at one point going as low as 31800. I secured profits the whole way down starting at 1:3 RRR approximately at 32150. Hit my TP of 32000 Had a trailing stop...
US30 - PRE NY SESSION ANALYSIS - 05112022 Price has pushed back up to approximately 32450 level over last few hours. Although US Core PPI data is due now at 8:30AM EST, I have still entered a few positions around this 32450 level as the last couple of hour candles showed some signs of exhaustion near the 23.6 fib level and a previous structure lower high. I am...
US30 - POST NY SESSION ANALYSIS - 05102022 Big drop today as expected but unfortunately I was stopped out and didn't reenter :/ Price is now bouncing around 32100 and I am looking for a pullback with signs of exhaustion/reversal for another bearish entry. Let's see what Asian and early London sessions bring in. Have a good night!
US30 - PRE NY SESSION ANALYSIS - 05102022 Price dropped a bit and pulled back during Asian and early NY session. It did not pull back to the zone that I was hoping for which would have lined up with a weekly SR level and 38.2 fib but it has pulled back to the 23.6 fib level which aligns with the structure highs formed over the last few hours. I have entered a...
Price just kind of bounced around today around the new structure lows formed over the last day or so. I am looking for price to pull back up a bit to previous structure lower highs in confluence with a supply/demand zone in that same area as well as a weekly support/resistance level and 38.2 fib. Expect price to move sideways during Asian session tonight and...
US30 - PRE NY SESSION ANALYSIS - 05092022 The bears have continue their push down starting off this new week, getting down into the 32500 range. I anticipate that price will continue to drop as there are no major support levels to hold price up for a good ways. I am looking and waiting for a pullback to previous levels of supply/demand and then exhibit signs of...