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TWO NEW YOUTUBE VIDEOS!
Low set last week? Larger time scale we have a bullish retracement into a discount imbalance, specifically, 62% of the range. On a smaller outlook, we have a bearish trend after taking august 14 low. A retracement higher from here for this week is where i am at, but showtime begins when we get into the 50% level of the range. Does higher time frame prevail or have the tides truly turned to the bears?
Mirror NQ, just different numbers here.
IT IS VERY HARD TO BE BULLISH WITH THE DOLLAR LOOKING LIKE THIS... BUT... this weekly paint will be very telling, as we took buyside liquidity last week. IF this week snaps back, and derails the 11 week win streak, I see indices making the bullish retracement and we'll see where we go from there at 50% of the range.
Bullish market structure but lacks bullish imbalances for me to feel real good about anything just yet. Monday's are notorious for setting up the week so that will be helpful. If i had to guess, I think it will be a slower week than usual. SPY
Bullish market structure shift after taking higher time frame swing low. held the golden pocket retracement thus far. Bulls want 173.12 for a continuation into a lot more bearish resistance levels. AAPL
Bullish market structure with numerous areas of liquidity overhead. Swing low 246.36 and the bullish idea is gone imo TSLA
Mando Model and respect for every level :) Breakdown on this model is on my youtube channel. NVDA
Ahhhhhh yes... Moderna, Inc. MRNA posted in my newsletter last week but I posted this to show how a model, mine in this case, can ensure proper risk/reward and add the extra layer of confidence needed as it is something that I have back tested 1.2 billion times.
Mando Model for a 2 Standard Deviation ($7) move :)
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