Russell US2000 Daily Outlook | 22 - AprYesterday was massively profitable for me. Today, once again lets see how price will react towards my expectations.
Note: Am not a mentor, i am just a random guy who journals his trades on TView for trading community to read and comment their opinion. This not a signal hence copy at your own risk!
Kings.
Indextrading
US100 Short idea for next weekUS100 has broken the 1H structure last, so I'm following the orderflow and looking for potential short position to fill the daily IMB down at 13400 area. Hopefully price will tap into the first unmitigated 15min OB, fill the tiny imbalance area above the ob and give me a confirmation entry at lower timeframe for a short position.
DAX, Do you agree QM ??Hello everybody
We back with another analysis of index , As you can see after the price fall down we should wait for some correction and now in correction level we are making a QM as you can see on chart and we need to wait to take acceptance in the resistance level that we shown on chart and then take signal in lower time frame for entrance and take in position.
I think everything was shown on chart exactly and the trader know what should be do in this analysis :D :D :D :D
If you have any question send us messages
Good Luck
Abtin
Trading Day Morning Jumpstart ahead of the Asian sessionMarkets held up okay in the US session but the pressure is definitely on as major Indexes across the board start to break lower.
I cover the key markets for the start of the new session ahead of the Asian market open. Major levels to watch and the current bias for markets....and how I would look to trade around these levels.
Markets covered : -
SP500, DOW, Nasdaq, ASX200, HSI, Nikkei, DAX and FTSE
US DOllar index, AUDUSD, EURUSD, GBPUSD and USDJPY
Oil, Gold and Copper
Bitcoin and Ethereum
Dow Jones: Spring Feelings 🌿After finishing wave in turquoise, the Dow Jones was moving back down to complete the low of wave in our turquoise box between 34643 and 33930 points. In the upper half of this zone, the index already turned back up and is currently ranging between the turquoise box and the next resistance level at 35281 points. There is a possibility that the Dow will dip into the turquoise box once again to reach its ideal target for the turquoise wave in the middle of the zone. Regardless whether this wave has already ended, or the index returns into the turquoise box, either way afterwards we expect the course to continue the overarching upward movement. The first stop on the way to new all-time highs is the resistance at 35281 points that needs to be cleared.
its not crashing, but its not popping either (us100)if were staying over 14700 and breaking 14875 id imagine its safe to stay long the index aiming for 15200. if we break thursdays low id imagine its safe to buy puts aiming for 14040. i dont think theres much rocking the price either direction, even with traders up in arms about this or that this week. most news is already priced in, and i wouldnt worry about crises be it ukraine or rate hikes. qqe is still long so ive still got a long bias until bears prove otherwise.
waiting for a pullback (es1!)e mini spx futures are a product obviously in huge demand. I'm still long the index, and long futures, but I'm waiting for it to show signs we are beating 4500, in which case Im long the breakout, or we are resistant to month highs, in which case I'm long after testing support around 4450. I'm only short if we break the daily uptrend around 4400 and test more resistance below 4500 or continue bearishly immediately breaking 4389 or so. target for long is about 4375 at least, and target for short is the former consolidation area around 4325.
"cautious sell"
"profit taking"
weekly vix headed to oversold test of support (UVXY)this thing has had a killer of a bear week. we saw the signs early last week, and now at the close of this one its pretty obvious that if the .382 of weekly retracement spx holds we are in breakout mode in broader markets. uvxy could bounce in a big way, but the action seems bearish at the time being. the green path is if we tighten in range holding that uptrending support in the early part of next week. the red path is if we breakout in a big way and melt up in the s&p. the week may gap up for vix, in which case im aiming for a sell off in uvxy followed by bounce. if we gap down in vix however im looking for that to get bought up followed by steep decline in the later part of next week. either, or case im aiming for the horizontals on this chart. right now im aiming for the bear over the weekend scenario, and im looking for that mid week bump or gap up in vix while the index is oversold.
almost outside up week for spx (SPY)we have opened down below last weeks close and we are aiming to close the week up over last weeks highs. depending on how the daily wants to close we could leave a bullish or bearish mark on the candlestick pattern. as long as small caps, healthcare, industrials, energy and utilities are doing ok i see this as healthy rotation. even if today and tommorow are bearish in price we could have bullish momentum next week.
is this the breakout? clearly not, but maybe soon (SPY)weve crossed back below VWMA and rsi diverged bearishly coming off overbought. we will need to see qqe short entry dry up before broder markets come back. id imagine we end the week lower, maybe under 422, and come back up next week to complete the breakout. otherwise, if we break 414 and test some area below resistance trending lower, we could find ourselves down below 400 soon.
spx getting to oversold (SPXL)we are in technical conditions of a selloff and risk averse activity is driving the market. defensive sectors are even doing poorly. there is no reason to think price action will turn around here, vut the price doesnt go anywhere in a straight line. at least one last trip up to mid or upper 95s is a valid target.
S&P 500 Intraday BreakoutIntraday/Scalping Trade
S&P 500 has been continuously falling even after opening with a gap-up because of geopolitical news flows.
After Falling From intraday High it has broken out in the 5 minute Candle and rested the trendline and look to rally from today's lows.
Long 4237
SL @ -0.1%
Target @ 0.3%
Risk Reward Ratio 3:1
probable tightening range (SPXL)given the amount of retracement if we stay over 97 and attract volume setting and confirmin this as a higher low around the .5 its likely we enter a tightening range going for a touch of vwma and then setting a lower high. id like to close that day around the highs for a bull daily case. horizontals are valid targets.