Trends End on 3‑Bar Overlap or Sharp Reversal
Trends end when 1) a market comes into balance with 3 bars price overlap, or 2) there is a sharp V or wide range reversal. The Nasdaq has still been "one time framing" or pattern of higher highs and higher lows. One data point at a time.... https://t.co/jZJ9W3NO1F
Triangle Breakout Gains Momentum, Price Likely to Rise
SI: upside breakout from "3-bar triangle" is getting legs, and the new momentum high n the 2-per ROC suggests price highs yet to come. https://t.co/DQ9rWi1M0q
CL Reverts to Mid
Love the structure these Sklarew boxes provide. CL back to middle of the range ( think high volume node) in "eat the tail" mode. 2-per ROC is making new momentum lows. https://t.co/F5DqkD1K8w
Multiple Stocks Show Classic 3‑bar Triangle Breakout
PESO: Another example of a pretty "3-bar" triangle breakout pattern. AD, EC, JY, SP, YM and SI also have similar breakout coils. https://t.co/w6ix3TlSDg
Copper Collapse Could Trigger Rare Wide‑Range V Reversal
Copper: mother of all bear traps yesterday, if it takes out PDH, it will be a Wide Range Reversal "V", (fairly rare for copper.) https://t.co/n2iGl87UAG
SP Opens Mid-Range After Two-Day Trading Range
SP: 8 AM reading - opens up in the middle of the previous 2 days trading range. https://t.co/kfcaaIJInP
ABC Slides Below Swing High, Targets 7240.75 PDL
A B C down after look below the previous swing high. Marching back towards PDL (7240.75) https://t.co/2Y8BNQrMUN
C
COCOA is todays RS leader....need P and F count off the prior two month base as well... https://t.co/jEMzgd0B5K
S&P Pullback Amid Uptrend, Russia Leads Breadth Surge
SP early AM structure: pullback in an uptrend...Rus leading now pulling breadth up to PLUS. https://t.co/OX2OZMiqv9
You’re Capable of More, Faster than You Think
Brain Food - Shane Parrish "People underestimate themselves and overestimate how long things take. You can do far more than you think, far better, and far faster." https://t.co/KNvjuAK9eM
EC Must Form Higher Low To
EC needs to flag on intraday (120) to form higher low in order to bust out upside of down-trending channel. OD up day on dailies a bit to digest. https://t.co/qriJgbms8O
Bunds Turn Overbought as ROC Flips up in Range
Bunds = OD up...quite a response for first flip up on ROC in trading range... https://t.co/fRfsIeT9Hd
Trend Day Surge Leaves 7223.25 Behind, ETFs Lead
Pure trend day UP off Buy Day, 7223.25 PH left in the dust. Will be important level for tomorrow. AIPO FAN IFRA and POWR top performing ETFs. but laggards like XLV...
Dollar Short Resists Gap, Signaling Potential Inflation Surge
Dollar short maintained resistance at gap area....first day down with big impulse - me thinks start of something huuuuge (ha joke, there), but seriously, weekly structure still supports swing to new lows. START of major inflationary...
Buy Divergence at 240, Anticipate Upside Repair Zone
Repair zone to upisde after 240 Buy Div in GC. One step at a time. https://t.co/9swW3VZ75w
False Upside Breakout Signals Likely Downside Move
Sklarew type Box shows false BO to upside. Middle line next....and if it fails to hold the middle off the box, odds are it will come out the downside. https://t.co/Mo4gRQdNgX
KLAC Expected to Open Below Its Climax Bar Low
KLAC, not to bee outdone by AMD, will open below the low of its climax bar up as well. https://t.co/ICNPsCsaFv
Seven-Day Trend Persistence Signals Trailing Stop Mode
W - going on day 7 of extended run, aka, persistency of trend, aka, trail stop mode. https://t.co/i3ubReK7cx
Flag Pattern Triggers Failure Test, Then U‑turn
Follow-up on CD 120 "flag" which led to "failure test" and then "U turn". Closeup on 30 minute candles with osc. https://t.co/u6MEFHYwiA
Three‑
SI: downside breakout from three bar with vol trailing stop. Three bars are one of the better patterns leading to range expansion as shown on last nights market profile equilibrium point. (ATR trail stop - red/green lines) https://t.co/1WILeYNVhE
3‑Bar Triangle Signals Strong Move Beyond Overlap
This is what a 3 bar triangle looks like on a market profile chart off silver. When the market moves out of overlapping value areas like this, that is what leads to a more powerful move. https://t.co/5BsGdriJ9E
3‑Bar Triangles Signal Breakout Mode Across Markets
NR7s in indexes, bonds, SI, CL and lots of 3 bar triangles. For those who don't get it, a 3-bar triangle = "breakout mode". And a breakout can happen in EITHER direction. Stay tuned.. https://t.co/GvA2maoF2J
FLR Demonstrates Ideal Wide-Range Reversal Buy
FLR saying "this is how it's done"! Kyle brought this to my attention when it made a wide range reversal buy. https://t.co/QhY2zKJGbp
Bitcoin Pulls Back Yet Bullish Channel Remains Intact
BTC - late in the game pullback but channel still intact. It's holding its upside BO area. :-) https://t.co/no3puyIfLq
Sugar Faces Technical Resistance at Daily EMA
Sugar hit resistance at daily EMA...Note how technical the resistance was - right at start of single prints as well as previous congestion area. https://t.co/Prpw7U8rzz
Yen Enters Bracketing Mode, Expect Whipsaws and False Breakouts
Yen: "Price equals Time". After a large STD move, the market consolidates in "bracketing mode", which suggests multiple whipsaws and false breakouts. https://t.co/hcp55m124r
5‑SMA System Thrives on Unbalanced Higher‑High Runs
SMH: lessons in relative strength. This is an example of a market that has NOT come into balance yet, but instead has been making consecutive higher highs, aka, "one time framing". These are the runs that the 5...
19th Consecutive Close Above 5‑SMA Marks New Streak
Naz - Today will be day 19 with close above 5 SMA. (I have seen up to 27-28 in every market. Yesterday we got "look below" a buy too, but no close below. https://t.co/cDM5pc7md5
Bull Flag Confirms Peso and Pinball Buy Signal
Peso on Pinball Buy as well. bull flag on dailies shows up on any oscillator. https://t.co/A1N3RopYlO
Bean Oil Near Keltner Break, Possible Bull Trap
Bean Oil - not quite a climax close outside Keltner Channels, but potential bull trap/last gas for now if it drops back into range. https://t.co/MKc2Peq27r
Tesla Gaps Down, Eyeing Cave Fill Before Tech Earnings
TSLA - looking for cave fill repair with gap down this AM...(next week is big earnings week for tech..) https://t.co/2ZSXNvaOjf
Markets Reach Balance, Enter Bracketing Phase
markets coming into balance now: Indexes, Bonds, https://t.co/KzLjFarnZN.JY, GCC..etc formed 3 bar balance. Markets now in bracketing mode. https://t.co/UmBCm7Gjzj
CVNA Spikes, First Keltner Channel
CVNA....zero to 60 in...(!) First close back above KC is an exit when in an overall trading range. https://t.co/AHlHgChU24
Monitor Unfilled Gaps Below Inside Day Patterns
watch the unfilled gap areas if the indexes look below their Inside Day patterns, (often a mini breakout mode). https://t.co/h1r5xigic9
OD/ID Pattern Drives Strong Bond Breakouts At
Bonds: OD/ID...often a powerful breakout pattern. (ideally at the bottom or top of a swing, though). Let's see..... https://t.co/GsMqqNvTKb
Few New Plays
Not so many interesting new plays for tomorrow, IDs on the indexes. This was a textbook 5 SMA buy on HOG (now played out). Micron has one tomorrow. https://t.co/OjLQ6T4gKY
Russia's Upward Run Extends to Day 15
Rus going on day 15 of Extended run UP. (I have seen 28 days on one side in the past but now I am dating myself) https://t.co/i5XFxendBn
Racket Sports Boost Cerebellum Activity and Longevity
lots of articles currently circulating about how racket sports activate the cerebellum as well as improving longevity. https://t.co/kK7TwJIeya
Buy Signals
KC to KC: the first buy was when price took out the high of the bar that closed outside the KC. The 2nd buy occurred when it took out the high of the WR sell climax bar. Note: the...
Triangle Pause Marks Top of 240 Uptrend
too many nice charts to post this past week...but small triangle pause at top of uptrending channel on 240 = pretty. https://t.co/pj0gyUXbW8
Profit‑taking In
IONQ: another gap and go play...profit taking in some of the mature RS leaders, rotating into shares that have not moved as much.... https://t.co/61F0h7P9JW
MSFT Shows Three‑bar Bullish Gap, Continue Long
MSFT: Gap and Go w bo from three bar. will be day 10 of extended run up (means only trade long side or trail stop on positions.) so many choice examples today but the initial three bars...
Peso Retests Swing High; Upside Likely, Pros Profit
swing highs and lows = the most visible chart point...Peso perfect full retest up. odds still favor upside, but pros often take profits on these highs. https://t.co/dO3FyDI6a1
Three Consecutive Green Bars Indicate Uptrend
and y'all know this pattern by now: 3 consecutive green bars UP off OP... shake and bakee https://t.co/385FXOtwW0
Weekly Technical Patterns Highlight Diverse Short‑Term Strength Leaders
List of short term relative strength leaders (quite a diversity of industries, not just semis). Study the weekly patterns that are technical drivers with these: HOG, STT, SPG, INTC (most all semis), ALAB, MRVL, AMZN, PCAR, CMI, KMX, TEL,...
ALB Shows Strong Upward Impulse, Likely Continuation
ALB - strong impulse up off OP, should lead to continuation. (also BO of OD/ID) https://t.co/E2Ekj5iZsW
Nat Gas Enters Extended Seasonal Trading Window
Start of a long Seasonal window for nat gas as of today (courtesy Moore Research Center). https://t.co/mYPvrsOkle
Indexes Surge, First Dip Signals Buying Opportunity
indexes been on extended run UP...first flush below was buying op. Now: hold this upside 240 channel, or put in a lower high today... https://t.co/ChRsgSpkin
Nasdaq Extends Rally Post‑V Bottom, Inverse CL Correlation Persists
NAZ on extended run up for now after V bottom. Indexes still invers correlation to CL on the intraday charts. https://t.co/YxtwQfvRaC
Bean Oil Leads, Watching 3‑Bar Breakout
BEANS: Area of interest (currently on 3 bar breakout mode). (bean oil RS leader) https://t.co/XpOkJOA0dK