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Another 100 point plus drop from neckline/Steve demand zone 

Back to the neckline. Another good short opportunity if it fails. 

Might have another 600/650 points if that proves to be a big head and shoulder. That neckline is definitely valid. 

Update: pow. Nice 100 points off that backtest short area. 

Backtesting the neckline break. Objective

Posted by johnny2012 on 4th of Nov 2022 at 09:31 am

Backtesting the neckline break. Objective short area.  Be on your toes.  Nq60 min

Update: Nice break down from the triangle. 

Tight triangle on nq 5

Posted by johnny2012 on 3rd of Nov 2022 at 03:27 pm

Tight triangle on nq 5 min chart. End of it looks like a bear flag. 

AAPL daily looks like a big head and shoulder pattern.. Measures down to around $96

Nq 60 min. Not a

Posted by johnny2012 on 3rd of Nov 2022 at 08:02 am

Nq 60 min. Not a perfect right shoulder (kinda high)but the neckline is real. If so measures down to the 10100 area using the head measurement. 

Maybe we get a bounce

NQ 30 min  61.8% coming up...

Posted by johnny2012 on 2nd of Nov 2022 at 04:04 pm

Maybe we get a bounce to test the broken trendline from underneath for a better short. pick up 100 points up and then short on the backtest?

Update: tagged the bottom trend line! And 61.8 fib courtesy of kobie 

Thanks kobie!! Didn’t have that info. Very helpful. Will put an order in there for a bounce play tight stop. 

My bad. 10900. And getting close. Well 10925 was the last touch. So watch that area. Vix is still meh so far so we may get some break lower if vix gets fired up. 

Still within this triangle. Maybe

Posted by johnny2012 on 2nd of Nov 2022 at 02:59 pm

Still within this triangle. Maybe a reaction at 11900 range like the 2 other times. Nq 1hr

That demark 13 on the

SPX 15

Posted by johnny2012 on 2nd of Nov 2022 at 02:48 pm

That demark 13 on the vix just stuck in my mind though. 

Wow. 2 min and 200

Posted by johnny2012 on 2nd of Nov 2022 at 02:38 pm

Wow. 2 min and 200 point drop on nq. Somebody must have blabbed something. 

Mes futures on the hourly

Posted by johnny2012 on 1st of Nov 2022 at 03:02 pm

Mes futures on the hourly much cleaner bear flag and M toppping pattern as well. 

Bear flag on the nq

Posted by johnny2012 on 1st of Nov 2022 at 01:41 pm

Bear flag on the nq 60? Takes us down around 11000 if plays out. 

Triangle forming on hour chart

Posted by johnny2012 on 1st of Nov 2022 at 09:52 am

Triangle forming on hour chart nq. With a double top look on this mornings move up.  Lot of room to move in this thing. 

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