Bonds are moving south! Usually, Equities go to the other direction!
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- #1,582
- Mar 19, 2025 2:27pm Mar 19, 2025 2:27pm
- Joined Jan 2016 | Status: Trader | 3,966 Posts
Good day! Big day today! Today's FED is one of the most important ones this year. Does the Fed bend the knee to Trump and print free money and rate cuts ( for the next meetings, not this one) or not? The Conference will be very relevant to watch. Market is looking for a relief sign; otherwise, NQ will drop heavenly. Only precaution here is that many large funds and corporation are still holding from above and their pants are down right now or under the water. So there is a possibility that, even with no hint from the FED, they will push the price...
So the above precaution seems in play:
1- Zig up to liquidate positions;
2- Zag down for the real move.
- #1,583
- Mar 20, 2025 8:45am Mar 20, 2025 8:45am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
Good day!
The opening range was bullish which is inline with the Zig up first.
Here my entry:
The opening range was bullish which is inline with the Zig up first.
Here my entry:
- #1,584
- Mar 21, 2025 8:38am Mar 21, 2025 8:38am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
Good Friday:
So far, price has difficulty to move up as explained in previous posts to allow large hands underwater to clear their positions.
As today is the end of the week, those large hands have to step in, otherwise a deeper move down is going to happen if today's close at weekly and/or daily is red.
Hence, if they step in, we should see a green candle like the one in the chart.
So far, price has difficulty to move up as explained in previous posts to allow large hands underwater to clear their positions.
As today is the end of the week, those large hands have to step in, otherwise a deeper move down is going to happen if today's close at weekly and/or daily is red.
Hence, if they step in, we should see a green candle like the one in the chart.
- #1,585
- Mar 21, 2025 8:46am Mar 21, 2025 8:46am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
Based on the previous post, here is my plan for today.
- #1,586
- Edited 11:19am Mar 21, 2025 9:22am | Edited 11:19am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
I`m in
EDIT:
TP1 hit
STP at BE.
EDIT:
TP1 hit
STP at BE.
- #1,589
- Mar 21, 2025 3:04pm Mar 21, 2025 3:04pm
- Joined Jan 2016 | Status: Trader | 3,966 Posts
{quote} This worked well. I got my TP1 and still waiting for TP2. Will close after market closes.
Very nice day! Hope some of you took the same trade.
Happy weekend!
US30 Market Overview
US30 is trading at 42,224, up +13 points (+0.03%). The index is consolidating between 41,556 support and 42,448 resistance. Economic data and Fed statements are key drivers for short-term movement.
Analysis
US30 is trading at 42,224, up +13 points (+0.03%). The index is consolidating between 41,556 support and 42,448 resistance. Economic data and Fed statements are key drivers for short-term movement.
Analysis
- Support: 41,556, 40,800
- Resistance: 42,448, 43,279
Outlook
- Upside: Break above 42,448 targets 43,279, then 44,000+.
- Downside: Support at 41,556; break below 40,800 risks further downside.
Strategy
- Buy on dips at 41,556/40,800, with stops below 40,800.
- Breakout above 42,448 targets 43,279+.
Key Levels
- Resistance: 42,448 (R1), 43,279 (R2)
- Support: 41,556 (S1), 40,800 (S2)
- #1,591
- Mar 24, 2025 7:13am Mar 24, 2025 7:13am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
Good Week and Day!
Finally, buyers showed up late Friday and market opened with a gap up. Both Asian and European sessions continued the move up. We should expect NY session to continue up.
Few notes here:
1- As I mentioned it few times now, this is not "buy the dip", this is just to allow large hands to clear their positions. The chart identifies the VA area to sell.
2- The ST/MT/LT outlooks for all US Equities is Sell. Unless, major change happens to US policy (i.e., tariffs, bullying) which it has 0.0001% chance! The self-inflicted destruction is so amazing! Three months ago, US economy was almost the only solid economy worldwide!
3- April 2nd: tariffs come into effect.
3- Money is fleeing US market towards BRICS and European Markets.
So, for this week, price will continue up until 20500-20700 area.
We have key economic data to fuel the move up. But it won't change anything fundamentally. The damage is structural. So good news is good news for Equities, but bad news it will be neutral.
Happy week!
Finally, buyers showed up late Friday and market opened with a gap up. Both Asian and European sessions continued the move up. We should expect NY session to continue up.
Few notes here:
1- As I mentioned it few times now, this is not "buy the dip", this is just to allow large hands to clear their positions. The chart identifies the VA area to sell.
2- The ST/MT/LT outlooks for all US Equities is Sell. Unless, major change happens to US policy (i.e., tariffs, bullying) which it has 0.0001% chance! The self-inflicted destruction is so amazing! Three months ago, US economy was almost the only solid economy worldwide!
3- April 2nd: tariffs come into effect.
3- Money is fleeing US market towards BRICS and European Markets.
So, for this week, price will continue up until 20500-20700 area.
We have key economic data to fuel the move up. But it won't change anything fundamentally. The damage is structural. So good news is good news for Equities, but bad news it will be neutral.
Happy week!
- #1,594
- Mar 24, 2025 8:52am Mar 24, 2025 8:52am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
Here is my planned buy entry with a retest of the opening range.
- #1,599
- Mar 24, 2025 3:23pm Mar 24, 2025 3:23pm
- Joined Jan 2016 | Status: Trader | 3,966 Posts
End of day analysis!
As expected, NQ is retracing up. We got a strong green daily candle. A continuation up is expected.
I added Fib levels for additional confluence. The 50% retrace is a perfect area to short it.
In terms of news, tomorrow is light unless Trump intervenes.
As expected, NQ is retracing up. We got a strong green daily candle. A continuation up is expected.
I added Fib levels for additional confluence. The 50% retrace is a perfect area to short it.
In terms of news, tomorrow is light unless Trump intervenes.
- #1,600
- Mar 25, 2025 7:20am Mar 25, 2025 7:20am
- Joined Jan 2016 | Status: Trader | 3,966 Posts
End of day analysis! {image} As expected, NQ is retracing up. We got a strong green daily candle. A continuation up is expected. I added Fib levels for additional confluence. The 50% retrace is a perfect area to short it. In terms of news, tomorrow is light unless Trump intervenes.
Asian session consolidated and European session continued the bounce. Price is currently above yesterday High. Price might reach the last target of this retrace today. Price is 300-500 points away from it. Then, we should see a short consolidation. around that area. Hence, price will resume the down movement early next week.
