Industrial Production coming up in less than 10 minutes at 9:15...(medium impact)

Attached are a couple of posts related to Demand/Supply zones,

https://breakpointtrades.com/blog/post/426504/

https://breakpointtrades.com/blog/post/426511/

Guilty all 34 counts

Liquidity resides below swing lows and above swing highs. It is where traders place their stops and buy / sell orders.  Stock price moves low or high and eventually it will reverse back in the other direction. Traders will have orders and stops  sitting under the swing low and above the swing high. On YouTube look up "liquidity in stock market charts explained".  Visuals always work best for me. A run on Liquidity is when the market moves to where the liquidity is sitting. Once the market takes the liquidity, price moves in the opposite direction.

Your synopsis sounds good to me Digi. I hope the first option plays out.

Hope to see 10 out of 11 this year!

If only it was this easy...

“Sell in May and go away, and come back on St. Leger’s Day.”

TSLA Close today - Yahoo shows 194.05 and the KISS table shows 189.81 ???

ES went down to the demand zone it made this morning.  Looks like it is going back for a second helping.

Steve, was a new demand zone just formed on the ES around 5187.5 to 5178?

Did the $NYSI trigger yesterday?

The way I understand it, the banks have to have a certain percentage held in reserves. Example, if you deposit $100 into the bank, and the bank has to keep a 10% reserve, then they can take $90 of your money and loan it out. This works, as long as everyone who has deposited money in the bank, do not come on the same day to withdraw their money. The Fed came out last year and told banks they could loan 100% of the money. No reserve needed. As of today, March 11, Basel III raises the reserve from 0% to 20%. If you're a Billion-dollar bank, now you have to come up with $200 million dollars in reserve. If you can't then you could get bought out by another bank. This is what happened to New York Community bank. New Your Community bank bought Signature Bank who was in FDIC receivership and failed when Silicon Valley Bank went down.

From Investopedia: Basel III likewise introduced new leverage and liquidity requirements aimed at safeguarding against excessive and risky lending, while ensuring that banks have sufficient liquidity during periods of financial stress.

The next level I am looking for is 5138.50 ... if it breaks that then I will look for 5150

I do covered CALLS and cash secured PUTS, so I own stock that I keep for different periods of time. I only day trade /ES futures

Gezz, I hope not. It's hard enough trying to outsmart the Algo's as it is...

I had a similar plan for /ES. On the 30 minute chart, the 8:00 candle was red with a high of 5069.25. The 8:30 candle took off after the PCE announcement, so I put a buy in at 5069.25 and waited for the pullback. Price dropped to 5070 and bounced. Oh well.

Hey Digi, I have a Lenovo laptop with 8 GB.  Never had anything with more than that. I have had good luck with the Lenovo product but cannot help with the RAM

He he he...   

COIN to announce earnings tomorrow (2/15) after market close.

I like the visual that Forex Factory gives.  It has Red, Yellow, and Orange indicators to show the level of impact the announcement may have.

https://www.forexfactory.com