*disclaimer: Not financial advice. This is my personal trade plan only. I am not qualified or licensed to advise anyone on their specific positions or trades, I am sharing my personal opinions only. Never make financial decisions based on any information on this site or any associated platforms. Always consult a professional for investment related advice and do your due diligence*
Overview:
- We saw some sharp reversals this morning leaving a few possibilities open. The larger degree counts are posted here. In this update, I have attached the lower degree views with both the immediate bearish path and delayed bearish path. Either way, I expect a test of 4500 soon. The action at 4550/15,450 will be key. More details in the charts:
$ES (View)
$NQ (View)
$RTY (View)
$ARKK (View)
Setups:
$NQ Short (View)
- Setup: 1,2-1,2 down
- Confluence: Fib confluence
- Trigger: 15m Reversal from zone
- Conditions: Must reverse before 15,585
$MRNA Long (View)
- Setup: 1,2-1,2
- Confluence: Divergence on wave iv low
- Trigger: 2 Reversal from fib zone
- Conditions: Must reverse between 0.5-0.786
$FUV Long (View)
- Setup: 1,2
- Confluence: RSI Divergence
- Trigger: 1H Reversal from fib zone
- Conditions: Impulsive on lower time frames
$PFE Long (View)
- Setup: 1,2
- Confluence: Sector rotation, strong algo, demand zone
- Trigger: 4H Reversal from fib zone
- Conditions: Ideal reversal from demand, not required. Move down must be corrective
$LYFT Long (View)
- Setup: 3,4-1,2
- Confluence: RSI & Algo divergence
- Trigger: 1D Reversal from fib zone
- Conditions: Must reverse above $46 w/impulsive subdivision