TQQQ

7 Ağu 2023

• Seasonality PRE ELECTION YEARS AUG 7th-12th (Avg return +.35% )

• SMC
Long term market structure: Bullish

Short Term market structure: Bearish

Bullish order block: $40.43
*Posted this last night but just realized it was created under privet*

Bearish order block: $42.57 and $42.33

Breaker Block (Strong High): $41.92

BULLISH CHOCH: $45.70
BEARISH CHOCH :$41.04

IDM SWEEP @ $42.13

• Elliot wave: ABC ZIGZAG (Currently in a 5 wave move to the downside to complete C)

Beware call volumes for $44 $43 $42 are extremely high

Summary: Bears have taken over at the momment we had a-lot selling pressure last week so i wouldnt be surprised if we see a relief rally today or later this week. If we gap above the breaker block we could see price reach $42.93. If we dont gap above i believe we will see price drop to around $40.5 or $39.9.


Good luck god bless

9 Ağu 2023

Not

C wave hit