SooEng
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Do we have a bottom? Are we really reversing now? Bulls seem to have this in their pocket. But wait! There are some things you need to watch out for before a confirmation of the next bull rally! Watch the video to find out now!
This next move will determine the move for all the stocks tagged here.
As always trade safe and invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channel
$E-mini S&P 500 Futures(JUN4)(ESmain.US$$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$$E-mini Dow Futures(JUN4)(YMmain.US$$S&P 500 Index(.SPX.US$$NASDAQ 100 Index(.NDX.US$$Dow Jones Industrial Average(.DJI.US$$SPDR Dow Jones Industrial Average Trust(DIA.US$$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$$Microsoft(MSFT.US$$Tesla(TSLA.US$$Apple(AAPL.US$$Meta Platforms(FB.US$$Advanced Micro Devices(AMD.US$$NVIDIA(NVDA.US$$Palantir(PLTR.US$
This next move will determine the move for all the stocks tagged here.
As always trade safe and invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channel
$E-mini S&P 500 Futures(JUN4)(ESmain.US$$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$$E-mini Dow Futures(JUN4)(YMmain.US$$S&P 500 Index(.SPX.US$$NASDAQ 100 Index(.NDX.US$$Dow Jones Industrial Average(.DJI.US$$SPDR Dow Jones Industrial Average Trust(DIA.US$$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$$Microsoft(MSFT.US$$Tesla(TSLA.US$$Apple(AAPL.US$$Meta Platforms(FB.US$$Advanced Micro Devices(AMD.US$$NVIDIA(NVDA.US$$Palantir(PLTR.US$
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oh yeah, pull back, thank you$Invesco Dynamic Energy Exploration &Production Etf(PXE.US$$Whiting Petroleum(WLL.US$$VanEck Oil Services ETF(OIH.US$$SPDR S&P Metals & Mining ETF(XME.US$$SPDR S&P Oil & Gas Exploration & Production ETF(XOP.US$$Energy Select Sector SPDR Fund(XLE.US$$Occidental Petroleum(OXY.US$
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SooEng
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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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SooEng
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$ProShares UltraPro Short QQQ ETF(SQQQ.US$$Invesco QQQ Trust(QQQ.US$ The last thing I saw as I left, the statment seems to match many. My conviction has not changed, still Bearish.
Pulled back to first support (orange line) should test the purple resistance line above it (and fail). Lots of calls bought lots of bullish sentiment.
Lots of bearish sentiment with oil, gold, hawkish fed, rates. QQQ rests on an edge- what will it do?
Pulled back to first support (orange line) should test the purple resistance line above it (and fail). Lots of calls bought lots of bullish sentiment.
Lots of bearish sentiment with oil, gold, hawkish fed, rates. QQQ rests on an edge- what will it do?
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These sudden spikes at 8am ET pre market are not tradable. So you can't see these bids and offer on L2 (level 2 data) either. They are created simply due to an internal clearing process by market makers and are from transactions that happened the previous day.
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$$E-mini S&P 500 Futures(JUN4)(ESmain.US$$Nasdaq Composite Index(.IXIC.US$
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$$E-mini S&P 500 Futures(JUN4)(ESmain.US$$Nasdaq Composite Index(.IXIC.US$
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SooEng
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It keeps going up. Bulls look like they are in control of the market now. is it true? Based off fib count, pivot day is Thursday. Will we see a pullback or a sell off?
Do watch the video to find out what are the possible scenarios that might happen! There are 3 scenarios that might happen soon. As soon as this Friday we can find out where we are truly heading!
We found out through data that single stock options were very much skewed towards the call side whilst index options were skewed toward...
Do watch the video to find out what are the possible scenarios that might happen! There are 3 scenarios that might happen soon. As soon as this Friday we can find out where we are truly heading!
We found out through data that single stock options were very much skewed towards the call side whilst index options were skewed toward...
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$Invesco QQQ Trust(QQQ.US$ dropping past first mild support 354 next up 352.7
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FEDs all will be talking throughout the week. Wonder what they will say to move markets. it's going to be a very volatile week.
There is no clear buy or sell signal now. Based off my video the bias is still down. watch to understand better. there are many factors to consider if this was going to be the next bull rally despite it might seem like it is. but there are many similarities of this correction to the 2018 one. which both happens to be a wave 4 correction. only one for primary structure ...
There is no clear buy or sell signal now. Based off my video the bias is still down. watch to understand better. there are many factors to consider if this was going to be the next bull rally despite it might seem like it is. but there are many similarities of this correction to the 2018 one. which both happens to be a wave 4 correction. only one for primary structure ...
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SooEng
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$Invesco QQQ Trust(QQQ.US$ Something has got to give, today? tomorrow? $CBOE Volatility S&P 500 Index(.VIX.US$
Not much room to go up
Doesn't look like much room to go down.
Not much room to go up
Doesn't look like much room to go down.
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SooEng 102581502: Yes yes. Tomorrow. Trying to figure out the data. This time a bit theoretical.
SooEng : Summary:
1) Market ended where MMS make the most money
2) New calls bought are with very few puts
3) Current stage Is designed for max uncertainty - can head either way
4) in the two downtrend scenarios:
one will be heading for lower lows very soon (the path we were on, possibly ended 8 April, not 23 Mar) - chance for all here to make money
the other will fall to a fib level and then push up. (Chance to cut loss only)
5) third uptrend scenario is a bear market - where it will really spike. Almost reaching previous high but fall from there…..sounds like this might take more time so we might not make money too unless you just hold your Sqqq or add To position. bulls win in this scenario.
6) When market opens, we have to see….I think give it one week as the Index might just hang here for a day or two for more call.
SooEng Investing 101OP: Correct my summary if I am wrong. I slept after watching the video - will review later again.
Think we will only be able to calculate the new NQ levels after the top eh?
SooEng : Our magical thinking scenario: since MM cleared all the puts already….best is open with a big plunge so nobody has chance to buy puts.
Going for 2,000 point down week….:)
SooEng : Hmm….the main issue for us is we now hold late shorts cos we didn’t close when there was a chance. So even if the next few days index fall to 13500 - we still won’t do very well.
Theory aside - we must really help each other with closing in profits. Otherwise we are the bear trapped losers at this stage.
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