The community is delayed by three days for non registered users.

NQ 15 min. So far

Posted by johnny2012 on 24th of Aug 2023 at 02:21 pm

NQ 15 min. So far the bounce attempt looks like an abc bear flag type deal. Interesting is that the 400 point pole drop measures back down almost exactly the recent lows at 14609. Just fyi. Also, just an idea if it does drop out. Still has support again around 14800.  Just making observations.

NVDA just a few points

Posted by johnny2012 on 24th of Aug 2023 at 11:23 am

NVDA just a few points from total gap fade today.

Hey Matt. Technically AAPL got

Posted by johnny2012 on 24th of Aug 2023 at 10:34 am

Hey Matt. Technically AAPL got through the 20 day after hours/premarket. Not sure if you count that towards your target area to complete b. I understand the days are shorter but it’s not acting well today at all. 

ES 60 min. Slight higher

Posted by johnny2012 on 23rd of Aug 2023 at 12:24 pm

ES 60 min. Slight higher high with neg divergence on RSI and MACD. Looks like a double top so far. Definitely at some resistance. 

Possible bear flag to monitor

Posted by johnny2012 on 23rd of Aug 2023 at 08:24 am

Possible bear flag to monitor on NQ 5 min. Dropped way off the highs when mortgage demand news went out. Would take it down to around 14900. 

Update: Target achieved! Good spot to take profits. 

Thank you for the NQ

QQQ Intraday Views

Posted by johnny2012 on 21st of Aug 2023 at 09:37 am

Thank you for the NQ levels Steve. 

Update. Backtesting neckline break. See if it holds and bounces. NQ 15 min 

Monitoring this IHS. Measures up

Posted by johnny2012 on 21st of Aug 2023 at 07:41 am

Monitoring this IHS. Measures up to 15000. NQ 15 min. Bull flag off the right shoulder already. Pattern looks good. Had macd positive divergence at the lows as well. 

Update: broke the trend line. Nice trade so far. 

Possible little short term M

Posted by johnny2012 on 18th of Aug 2023 at 12:59 pm

Possible little short term M top on NQ 5 min. Still within the channel though watch the line when it gets there. 

Matt, seeing as these big areas are not holding.. Does this change your views on the overall big picture and possible mapping into fall?

Wild. Didn’t expect that. Where is next support? 200 day? Lol

Good info.. Thank you

No economic news tomorrow I don't believe, so good for a bounce rally. technically hit the range at 358.16. Maybe one more lower low before the close??

Thanks Steve. Also, symmetry was just tagged almost to the penny. 

QQQ almost there fellas. 357/358

Posted by johnny2012 on 17th of Aug 2023 at 02:53 pm

QQQ almost there fellas. 357/358 range. Should be good for a bounce anyway if not the end of this damn wave 4. Lol 

Update: Making new lows. Great trade from the broken wedge!

Continues lower. Near todays lows

Update: broke down right after posting. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!