ok we're getting a recovery rally, but be aware tomorrow they could sell down to create one more low which I would think would be a bear trap. I can't say it's THE "bottom" but we could be starting to make a bottoming pattern here. RSI needs a reset, watch NQ and tech especially for an outperformance rally if I'm correct.
Good luck!
Good luck!
Not
if they sell the close, it may be like this. Not
well damn they are selling it hard. If the idea is not correct, this is only 1 of 5 with 3 tomorrow/ overnight and 5 next week. Fooled me again if they don't save this overnight. Not
NQ holding the line after AMZN earnings....Not
they are holding the channel line - so far. That's nice and clear because if they hold it they will bounce and if they lose it tonight we're going lower. Not
under 14150 on NQ overnight or tomorrow and we'll continue to sell.Not
SPX futures just hit the 61.8 fib, if they are going to tank this overnight this is where it may stop... Not
good morning, bounce held overnight but it's very weak. We could have one more low (red path on NQ) but if they can get over the middle trendline finally, we could rally hard today. I can't tell, but i do think we touch the trendline above regardless.... Not
edit - i think we touch the "yellow" trendline regardless - good luckNot
they are getting close, If they reject from this level (about 14350 on NQ), we're going to make more lows. Not
rejection so far from the yellow line, over it and it's bullish but right now looks bad. Not
took a small short at the line, could be a black friday. tight stopsNot
looks like they are going to try hard to get over 14350 on nq but negative bearish divergences are building, one more attempt and failure should exhaust the bullsNot
last gasp attempt failed, that should be the high for today if we are going lower Not
if they get another high it will be to take out stops i think. The struggle is similar to a few days ago where they dropped down and then kept making little higher highs only to fail once stops were out.Not
ok maybe that's it? it's like trying to reel in a marlinNot
nope small time frame rsi pointing to another high Not
they still don't look done at this battle line. I'm still thinking they ramp up to get above all the highs of today. Waiting with a small short, I will add if that happens. It's really getting ridiculous. Under 14300 and this will tank hard (NQ)this is what's forming on NQ, I still favor one more high but it could drop
Not
lost it! waiting for a bounce then I'll add more Not
i don't love the rsi here. I'm staying little for now. A fake breakdown could really ruin my day. Not
tricks and traps Not
5 minute rsi needs to get higher before a fall. Not
they are going to push it hard to convince bears to drop positions, just waitNot
here she comes Not
if you are bullish as I was yesterday, this is looking like a breakout and COULD keep going. Because of the pattern and RSI I don't think so, but I can be wrong for sure. Please tread carefully either way. Not
RSI reset enough but a little higher makes sense. Adding shorts slowly. WIll drop them for sure above 14400 Not
pushed it hard and close to 14400, shorts taken, Stops tight at 14430, hopefully I'm not wrong but I may be! If correct, the rest of the day is down, If wrong they get over 14400 on NQ Not
last post till close, If wrong they keep pushing to over 14430 and I will lose. If correct it should sell down from here or maybe a wee bit higher. However, small time frame rsi is showing hidden bearish divergence and we are still forming lower highs. RSI on 30 minute is quite hot for a downtrend, so my logic tells me this is the peak. I will update later regardless if it's correct or not. GOod luck! Not
bulls trying to hold the yellow line. I took some off in case they hold it but lowered stops for the rest. This is a decision point. Not
decision made, should start to pick up speed, Not
NQ in a channel, it's the clearest today for me so that's why I'm trading it. If it breaks the channel it's bearish. Could bounce to the high again and could also breakout so be aware of it. Not
it could bounce to the high of the channel I meanNot
broke already, they are starting to panic Not
still pretty early, target on NQ looks like target may be 4100, not sure. With panic it can go under. Starting to look like this again. youtube.com/watch?v=RLySXTIBS3cNot
channel now acting as resistance (for now.) Not
NQ bear flag target 14075, maybe today, not sure. Not
while we'll probably sell the close, be aware that SPX is in the head and shoulders target area 4100-4050Not
spy - same thing Not
if the close is a waterfall down it may be the end of the downtrend. Anything less and I think more selling for a few days next week.Not
tis count on spy may be valid. I'm going home flat. Not
tech is actually still positive on the day, I doubt it makes a lower low like SPY
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.