Zig Zag Indicator Mirrors Red‑Green‑Red ATR Formula
This "Zig Zag" indicator on CQG is the same formula that drives my "red-green-red" color bars...a volatility ATR (variation on what Welles Wilder published). The 240-minute A B C structure shows up on daily candles as well. https://t.co/cAAiy72hxl
S
SPs likely to close with new momentum LOWS (basis 2 per ROC) and closing below 6800 as well, (though pick a number, any number....lol) https://t.co/qSqXTmUpt9
Commodities Surge to New 120‑min Momentum Highs, Russia Slides
NG, CL, S, W, CD - all made new momentum highs on 120 minute charts. (Rus made new momo lows on 120 minute)..
Support Negligible when Energy Components Fall Below 4%
Rhetorical Question: How do you define support in a chart like this ?! (and energy components are less than 4%).... https://t.co/acijcTvFSG
EC Inverse Hits Resistance, May Extend Range
$ hit resistance this morning (EC inverse)...may still fill out range another few trading days... https://t.co/CLncQXQ0Ub
Inelastic Demand Fuels Strong Futures; Grains, Energy Steady
Futures with the strongest uptrends are the ones with inelastic demand curves...now the consumer will have less disposable income than ever...grains and energies expected to keep a steady bid
Profit by Buying Laggards, Not Momentum Leaders
Gary Anderson won the Charles H. Dow award in 2003 from the MTA for his work on the shift from buying momentum leaders to when it becomes more profitable to buy laggards. (Get his book, The Janus Factor). https://t.co/LoWws9pmX5
Undervalued Stocks Surface: Is Janus Factor at Play?
Scraping the bottom of the barrel for shares that are not overbought? Or, is Gary Anderson's "The Janus Factor" at work?! https://t.co/GEptwkZCcv
MRNA: Ideal 5‑Day SMA Buy Overlooked
MRNA - the perfect 5 SMA buy. Kyle and I both realized we had take this out of our data base quite awhile ago...not very helpful when scanning for these things. https://t.co/n8OdKmJf1x
BTC Breaks Out of OD/ID, Upside Odds Surge
Despite my previous post regarding the possibility of a grail sale upon retrace to the daily EMA, BTC had upside Breakout from an OD/ID pattern, the most powerful breakout formation. It has better odds of upside follow-through the next day...
SP & NAZ Break High
When SP and NAZ took out yesterday's high, it triggered the WRR Buy model (takes out the high of the widest range w down day in the past 4 days) https://t.co/j4PIZbSy7j
Platinum Daily Chart Overly Ideal, Weekly Signals Range
Platinum daily H and S looks too perfect...weeklies look like prolonged trading range in the cards. https://t.co/1aX3R3ZKmT
W Poised for Consolidation with Upside Bias Despite V‑shape Dip
W - 35 cent 2-day range...ROC on Buy day but also did a V at top...default mode = consolidate with upside bias still. https://t.co/nKAbeaGzQn
Yen's 12-Day Slide: Close Above 5‑SMA
YEN - 12 days down on extended run - a close above the 5 SMA can set up a short sale. https://t.co/V3KhPE1bpS
Dollar's Buying Climax Expands Beyond K
$ had quite the buying climax range expansion outside KC (Keltner Channel) which I posted in the morning. It already sold down into Asia opening. Wed. it may fill out the tail. https://t.co/SASbX9Ehf1
Copper Buy Day: Evening Play Peaks as Asia Opens
Copper: Buy Day on ROC... this market tends to have best play in evening when Asia opens. https://t.co/FzKo8M3xSH
Pinball Pattern Signals Gold Buy at Session Close
GC - Pinball Buy on close (green bar on right is start of evening session so shows initial up. ) https://t.co/aIGtwW0Ce0
Three Daily Pushes Produce Consistent A‑B‑C Rhythm
AD - 3 pushes on the daily...often see A B C rhythm on osc following three pushes https://t.co/arBkUJ9Uo2
Peso Hits New Lows After Downside Breakout
Peso - new momo lows on 2 per ROC after downside BO on Monday from 3 bar triangle. https://t.co/9h48YOGDYL
Damon’s Live Morning Trade Reveal and Market Profile
Damon's morning buy. (he shows his trades live online as well as his market profile work). #DamonPavlatos https://t.co/Hs8kF4Xy68
Market Likely to Reverse; Watch 6800 Threshold
Morning reaction up was best play of the day...now what? No leadership shares making new highs on the day (T and VZ do not count.) Close under or over 6800? Market rarely pulls same move two days in...
European Levels Drive Market Direction Despite US Chart Variance
Not as meaningful cavefill levels to upside (prefer to see on 120/240) but still, shows the importance of Europe levels. US session charts shows in a different way (8 AM EST) https://t.co/wQnjwcg9P9
Technical Analysis Maps Levels; Market Decides the Outcome
Technical analysis isn't meant to be a prediction tool, but better used to show levels and momentum. Then it is up to Mr. Market to see how it trades. GC met the projected downside, but it did not have...
Markets Revert to Mean After First‑hour Surge
SP: technical reversion to the mean after time of day (end of first hour) climax on financials currencies, metals etc... https://t.co/Dgn0sGiXMm
Weekly Slow Line Sinks Below Zero, Signaling Cycle Shift
posted this chart awhile ago showing cycle work (need to see the weekly "slow line" get buried below the zero line). https://t.co/5u8fVYjmle
Market Breadth Weakens as Downtrend Signals Mount
The structural makings for market downtrend have been long in the making...near record number of Hindenburg Sell signals (sometimes a dubious indicator) but speaks to the deteriorating market breadth. The surprising thing was how long the RS leaders kept...
DAX May Face Sharp Downside Move
DAX - going to be fugly it this comes out the downside. (measured move projection possibility) https://t.co/OYKBGz8xYS
Market Breadth Drops Below -2000, Rare Occurrence
Its been a long time since we saw market breadth readings worse than -2000 https://t.co/vWEmtQAlyw
Implied Vol Outpaces History—Will It Converge Soon?
Implied vol is well ahead of historical vol. Is the latter about to catch up? https://t.co/n7Ii78S3oL
Quasi Sklar Box Signals 5,000-Point Downside for Gold
Quasi SKlarew box suggests minimum downside of 5000 for GC. note perfect 120 "u turn" at the top. https://t.co/wHdOR1RvDF
Futures Hit 7‑day Widest Range as D
Naz barely made OD up bar while SP & Rus failed...no surprise that the majority of the futures markets made WR7s...(widest range of the last 7 days.) DAX gave a purse trend day down. https://t.co/M06KxsRquT
Chocolate Fire Sale Nears End; Market Must Beat Friday
This might be it for the Chocolate fire sale. Market needs to close above Friday's high tomorrow. https://t.co/SL56uK8y5A
60+ NYSE and 21 Nasdaq Stocks Hit All‑Time Highs
Over 60 NYSE and 21 Naz making ATH today.... Summary of Stocks With New Highs & Lows - https://t.co/FERzGR60yl
Volatility Clarifies Bear Traps and Market Signals
BTU - Nice TS+1 bear trap. Notice how everything s so much more readable when there is good volatility (!) https://t.co/3dNjZ6BKre
Intuit Begins Mean Reversion After AI Hype Overreaction
INTU - one of the last to revert to the mean from the AI software disrupt "overreaction".... https://t.co/NB6hF3p0sF
US Session Push
SP: US session - play for PDL, and then overnight high. NAZ, YM Rus SP all got look above PDL. (confirmation) https://t.co/Vld2LzGVni
Upside Breakout From NR7/3‑bar; Follow‑through Monday
W: upside BO from NR7/3bar started in early AM. First day of a BO should have follow-through the next trading day (Monday). https://t.co/E4GE1Uic8v
Range Bottom Becomes Key Decision Point for Cave Fill Repair
Cave fill repair SP NQ followed by back into range...bottom end of range now main decision point https://t.co/rHNVOdt6CT
Crude Oil Slipped Into the Cave Overnight.
Crude DID end up trading partially into the cave last night....but of course, not when we were looking for this yesterday... https://t.co/BuN0hJWHds
IBM Rebounds Above August Low, Showcasing Coil Breakout
IBM had close back above the low close in August. As an aside, the most notable thing about this line chart is the excellent example of the move out of the coil at the top or "sideways line". No...
Beans Rally Post‑pullback, Breakout Confirms Uptrend
Beans still trucking after nominal pullback below 5 SMA. Yesterday was also an upside BO out of a "3-bar triangle". https://t.co/2ZNJQ8FBFP
BTC Gaps Up, Continues Surge in US Session
Best trend of the day so far: Gap and go on BTC US session https://t.co/8K94c1zqpv
Crude Oil Bullish Order Block, Yet No Range Expansion
CL had OD/ID BO pattern, but no range expansion (yet)...significant zone comes in well below. https://t.co/vLjGgmEMpf
Bull Flag Signals Fresh ROC Flip, New Upward Leg
AD on Buy Day, fresh flip up on ROC, daily bull flag suggests potential for new leg up. https://t.co/2uLjv0D8HZ
Pullback Below 5 SMA Signals Potential Continuation or Buying Climax
W - pullback below 5 SMA. However, it also had range expansion bar with close outside KC, (which I failed to note yesterday.) The low of the climax bar will determine if this forms continuation pattern or if...
NVDA Earnings Loom; BO Triangle Guides Early Trade Decisions
Naz - same, along with a three bar BO triangle on the dailies. Will market wait for NVDA's earnings after the close? BO mode can move in either direction, first hour range provides best structure for hold/fold...test/reject or...
Boeing Shares Slide, Forming a Weekly Flag Pattern
BA: A B C down on dailies into weekly flag forming. (Courtesy of Kyle} https://t.co/y5EJounZmE
Inside Bar Tomorrow Means a True Hotdog
PTLO: Now if tomorrow is an inside bar, we would have a TRUE hotdog...🤣 https://t.co/aEC55bhrxN
Mini Repair Sparks Three Consecutive Up Bars
Mini Repair. (Note, SPs had three consecutive bars UP in the first 30 minutes...) https://t.co/jQfzM4XChT
INTU's 50% Drop Warns Against Bottom‑Picking
INTU lost half its value in 5 months. as three pushes down and small exhaustion gap. However, there is an old expression, "man who picks bottom ends up with stinky finger..." https://t.co/V0x15i4h0R
