YNWA008
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These sudden spikes at 8am ET pre market are not tradable. So you can't see these bids and offer on L2 (level 2 data) either. They are created simply due to an internal clearing process by market makers and are from transactions that happened the previous day.
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Nasdaq Composite Index (.IXIC.US)$
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Nasdaq Composite Index (.IXIC.US)$
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YNWA008
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Everyone has been calling BTFD! Have we truly bottomed?
Based off my analysis, we still have yet to complete the measured move down to 12200 on the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ .
There is still tons of downside from here. As much as it seems like a reversal the past 3 days, bearish divergences have been starting to form again signifying downside coming. Everytime we form regular bearish divergence on the 4...
Based off my analysis, we still have yet to complete the measured move down to 12200 on the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ .
There is still tons of downside from here. As much as it seems like a reversal the past 3 days, bearish divergences have been starting to form again signifying downside coming. Everytime we form regular bearish divergence on the 4...
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YNWA008
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What are we to expect from FOMC today? 25BP is what I know the FEDs want as they can't service their current and future debts with high interest rates. But 50BP I feel might be their move as inflation has yet to peak despite all the promises since 2021. Let's see tonight.
Yields have inversed on the 7yr and $Cboe Interest Rate 10 Year T Note (.TNX.US)$ and the spread between the 2yr and 10yr is getting tighter signalling incoming inverse curve which I have been warning since 16th Jan. Yesterday ...
Yields have inversed on the 7yr and $Cboe Interest Rate 10 Year T Note (.TNX.US)$ and the spread between the 2yr and 10yr is getting tighter signalling incoming inverse curve which I have been warning since 16th Jan. Yesterday ...
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What are some of the ways to use the MACD?
MACD can be used to identify the trend as it is a momentum oscillator. But it can also be used as a indicator to help give you trading signals. There are also ways to use the MACD as a way to spot divergences. Let me go through them 1 at a time.
How to identify the trend with the MACD?
The MACD consist of 2 lines, the signal line and the MACD line. Both lines are made up of EMA. So we have the Signal line which is the fast line, us...
MACD can be used to identify the trend as it is a momentum oscillator. But it can also be used as a indicator to help give you trading signals. There are also ways to use the MACD as a way to spot divergences. Let me go through them 1 at a time.
How to identify the trend with the MACD?
The MACD consist of 2 lines, the signal line and the MACD line. Both lines are made up of EMA. So we have the Signal line which is the fast line, us...
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How are some of the ways I use the EMA?
I often use the EMA to check of existing trend and also to give me a dynamic support/resistance to open a position.
EMA is often used by me as when I'm doing Day trading or swing trading. I use it on the all time frames from the 1min up to the daily, weekly and monthly charts. I will show you some examples on the futures chart as you can see below $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
How to use it for Day trading:
You can see the ...
I often use the EMA to check of existing trend and also to give me a dynamic support/resistance to open a position.
EMA is often used by me as when I'm doing Day trading or swing trading. I use it on the all time frames from the 1min up to the daily, weekly and monthly charts. I will show you some examples on the futures chart as you can see below $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
How to use it for Day trading:
You can see the ...
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YNWA008
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So have we bottom out yet? 2 weeks ago many were saying we have bottomed. last week as well, many came out to say we bottomed. I kept saying NO. even influential and seasoned investors came out to say we have bottomed.
In my video I explained the data pointing why we have not bottom yet. Vix curves, yields, crude oil, divergences, price action, volume analysis. All this data available points us to more downside. Watch and understand yourself why I say we have not bottom.
That's why I kept say...
In my video I explained the data pointing why we have not bottom yet. Vix curves, yields, crude oil, divergences, price action, volume analysis. All this data available points us to more downside. Watch and understand yourself why I say we have not bottom.
That's why I kept say...
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YNWA008
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Base off my daily counts, we are at 21/21 starting from highs of wave 2/5 on 2nd Feb. we ended interim count 13/13 which was from 10th Feb till 1st march.
21/21 could be a reversal point or it could also signify a top for the relief rally.
Base off 61.8% of Fibonacci for the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ of wave 2 high to wave 3 bottom, we are looking at 14400s for the retracement top.
that would be a good sell zone for me to enter positional trades as the indices goes fo...
21/21 could be a reversal point or it could also signify a top for the relief rally.
Base off 61.8% of Fibonacci for the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ of wave 2 high to wave 3 bottom, we are looking at 14400s for the retracement top.
that would be a good sell zone for me to enter positional trades as the indices goes fo...
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YNWA008
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Does the rally still have juice? is the double bottom on 24th Feb a real bottom? or a bull trap? Many thinks that we have bottomed out and now on a trend reversal.
Bullish and bearish divergences everywhere. new investors and traders alike getting confused where is the real direction. the answer is pretty clear. it is explained in the video.
Do watch the video to understand better the trend we are in. Please refrain from asking questions which is already answered in the video to avoid repeat...
Bullish and bearish divergences everywhere. new investors and traders alike getting confused where is the real direction. the answer is pretty clear. it is explained in the video.
Do watch the video to understand better the trend we are in. Please refrain from asking questions which is already answered in the video to avoid repeat...
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What is happening? last week invasion news, market went up. This week potential news of a peace talk and market gap down?!
is it truly a double bottom we had and now reversing to new highs?
all is explained in the video. news is SLOW. War is noise. The chart moves first. the news is the catalyst smart money use to trap retailers.
what to expect this week? some hate this kinds of market.. volatility is MONEY. if you know how to navigate it of course. you wouldn't hate it if you know how to wor...
is it truly a double bottom we had and now reversing to new highs?
all is explained in the video. news is SLOW. War is noise. The chart moves first. the news is the catalyst smart money use to trap retailers.
what to expect this week? some hate this kinds of market.. volatility is MONEY. if you know how to navigate it of course. you wouldn't hate it if you know how to wor...
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Bad news: Seems like stock prices are on a free fall and will slice through all the support levels like a tofu
Good news: geopolitical tension usually affects market temporary only. It will bounce back
But do consider other macro factors too (rate hike etc).
For me, I am just gonna see how bottom this market can go.
Stay calm, let the market finds its bottom and consolidate, and it will fly thereafter. Hope to spread some positive vibes in case anyone needs it
$Tesla (TSLA.US)$
$Microsoft (MSFT.US)$
Good news: geopolitical tension usually affects market temporary only. It will bounce back
But do consider other macro factors too (rate hike etc).
For me, I am just gonna see how bottom this market can go.
Stay calm, let the market finds its bottom and consolidate, and it will fly thereafter. Hope to spread some positive vibes in case anyone needs it
$Tesla (TSLA.US)$
$Microsoft (MSFT.US)$
YNWA008 sayno : Hi, I really feel for you. Personally I feel the MM (Master Manipulator) is controlling the system. This upwards trend is getting more artificial by the day given the poor macro outlook. I decided to regain my peace and be more diligent in my daily work. Riding from the top of avalanche is not everyone forte.