2011.04.17 15:20 electric_sandwich Apartments and Rooms in New York City: by redditors, for redditors
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2023.06.09 23:43 shyasaboat A couple questions from a total newbie!
2023.06.09 23:42 throwaway______free Escape really is possible. I’M FREE!!!
2023.06.09 23:42 Jawnathin Found my unicorn: Acer XR383CUR
2023.06.09 23:42 pandecoco2021 Hi do u know any legit rental management companies?
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2023.06.09 23:41 MysteriousRio DO NOT BUY THESE TOYS FOR YOU BIRD !!!!
![]() | I am dealing with my birds foot that has been hurt last month on one of these toys I just paid $202 for the vet bill and if these medications don’t work then my bird will have to have his toe amputated!!! So mad at Amazon and they couldn’t do anything for me but give me $38 like wow !! I have a 8 month old baby girl(human) and another conure and I really don’t know how I am gonna afford $500+ for this vet if they his surgery has to happen 😤🙏 submitted by MysteriousRio to Conures [link] [comments] |
2023.06.09 23:41 m00dy0range Can my landlord enforce a clause in my lease to fine me while they are in violation of another clause?
2023.06.09 23:41 exsensepng (California) College student living w/ parent, part-time work. Should I apply?
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2023.06.09 23:40 DaddyDersch All eyes on CPI and FOMC next week… 6-9-23 SPY/ ES Futures, QQQ and VIX Weekly Analysis and Recap
![]() | So I want to first start this off by clearing a few things up… Wednesday I made a post looking for $400 basically by middle of July… then what happened over night? Well yesterday markets called for a pump so I had to be bullish for today… there is a very different time frame to have on some of these posts… that $400 target is a 30-45dte target… however, I still have overnight and intraweek moves that may inverse that… This market is ruthless and can not make its mind up for more than a minute sometimes… submitted by DaddyDersch to wallstreetbets [link] [comments] With that being said I am bearish for Monday… based on todays technicals… we will get to that but lets talk about CPI and FOMC first… EVENT CALENDER https://preview.redd.it/vdvc1xsra25b1.png?width=877&format=png&auto=webp&s=856d68d20c8024195ae60ded1065d4eb330bc50d CPI/ FOMC https://preview.redd.it/pb5ceqdsa25b1.png?width=723&format=png&auto=webp&s=65a0d5f3c8f957fc36b9ba995afd4e1d5014f011 I am waiting on bloomberg terminal numbers right now… hoping to get them this weekend (if anyone has access DM me… if not I gotta wait on one of my other sources)… but the way im seeing it right now is that cleveland fed nowcast and consensus are all pretty much spot on… the biggest thing to note here is that CPI is calling for a print in the 4s… we even if all goes well could see a print in the 3s! that would be wild to be honest… also note for next month nowcast is already calling for a 3.3% CPI print! So the question is how do we trade this and what is the market going to do? Well I would NOT trade this at all… why? Simple… its been months since we have had a decent reaction that would make the risk to reward of the payout worth it… Now how will the market react? https://preview.redd.it/yrpc2wqsa25b1.png?width=975&format=png&auto=webp&s=e7ace0c7cad3059aaf407f893cf154eed7453e57 As you can see here the last month things have been very up and down… but as of current time of writing this… the markets see the highest odds of a PAUSE at this meeting next week… now this is where I still think the markets have it wrong… there has been ZERO indication for JPOW about a pause… pretty much every time JPOW himself has actually spoken he has ALWAYS said he is going to do a 25bps hike and that there is NO RATE CUTS this year… now this is really where I think markets have it all wrong… The markets were pricing in 75bps of cuts by EOY… Impressively… the markets now have the highest odds of NO RATE CUTS by end of year.. I do think the markets finally have this correct… however, while the odds may be correct now…. I do not see the markets reacting correctly… I do think if JPOW hikes 25bps on Wednesday (which is highly probable in my opinion) that we will see a negative reaction to that… but I do see that as a likely call entry opportunity whenever that sell off stops… SPY DAILY SUPPLY AND DEMAND https://preview.redd.it/mlrqya6ta25b1.png?width=975&format=png&auto=webp&s=2a445f6d02a1ef279bea32f5dd85c06c04a358bf Well after putting that 426.6 demand in we have now immediately turned around and put a new supply in at 429.13… however, do you see the issue with it? We are imbalanced.. why? Simply because today we are going to close higher than where the supply is put in… that means markets will need to come back down OR immediately turn around and make a new demand Monday… One interesting thing is that since pretty much April 26th SPY has not broken through a previous demand after establishing a supply… what do I mean… I mean lets take that 410.2 demand… after markets put that in and put in a new supply (was around 420) the markets held that 420.1 demand and did not close below it… we have been stair stacking (bullishly) new demands since 404 area. However with 3 supplies here at this 428-430 area now this has become one extremely strong resistance… SPY WEEKLY SUPPLY AND DEMAND https://preview.redd.it/w0h22ylta25b1.png?width=803&format=png&auto=webp&s=328ae274417d5ac3e16365177fb9e9712cae77b8 There is actually no changes to the weekly time frame here… we closed over previous supply and did not put in a new supply… DMI remains overbought and SPY remains ready to put in a new supply on any red week… SPY DAILY PRICE ACTION https://preview.redd.it/le6b011ua25b1.png?width=946&format=png&auto=webp&s=bd6d6c3daaaa61ceb3925b29efad98934592944b SPY daily here remains in this black bull channel that it has been in since May 23rd… we also have the bigger broad red/blue bull channel since March 8th… Now this is a CLASSIC bearish reversal pattern with this evening doji star closure… we also once again failed to close over 430.. We did close higher than the august 16th closure but we did not close over 430 yet again… this would be 4 failed rejections in the last 5 trading days from closing over 430. I would not be surprised to see price come back down to 426.5 demand (support) or perhaps 428 supply on Monday… however, I do forsee it still being bullish… honestly until this black bull channel is broken and really until we close under the daily 20ema this remains bullish and dips remain call opportunities… SPY WEEKLY PRICE ACTION https://preview.redd.it/8l2cfofua25b1.png?width=975&format=png&auto=webp&s=5c964c3f964cfed75a2628c52e62a6eb262a4d85 I think this weekly chart clearly shows the overall trend and shows everything the best… Here you can see since the beginning of march we have been in this blue bull channel. Until SPY breaks under that weekly support (419 for next week) as you can see by the wicks this remains a buy the dip market… we also have a large red/ blue rising wedge that we have been trading within since middle of September… that resistance sits at 436.1 for next week. SPY WEEKLY LEVELS Supply- 416.08 -> 427.35 -> 453.23 Demand- 411.57 -> 381.74 Support- 428.2 -> 422.1 -> 418.6 Resistance- 430 -> 436.9 -> 444.3 FUTURES DAILY SUPPLY AND DEMAND https://preview.redd.it/uxbf4bwua25b1.png?width=975&format=png&auto=webp&s=ffeb1ba116d722e6249efb70eb79a7c2be07a8c8 Not surprisingly here futures followed suit of SPY and also put in a new supply at 4298. We actually are imbalanced on futures which does not usually happen. So that will be interesting to watch get sorted out over next week.. as of right now futes minimally needs to close under 4299 in order to be balanced. 4312 is the supply and resistance from the august high and we once again failed to close over that level… it is safe to assume for now 4312 is strong resistance. FUTURES WEEKLY SUPPLY AND DEMAND https://preview.redd.it/bzs6k4eva25b1.png?width=872&format=png&auto=webp&s=41dd38c5f847267a5a71b3c335710331cfa4c030 No changes to futures weekly supply and demand… we are attempting to make 4284 into a support, however, it is not set up to turn it into a demand which would be incredible bullish. NOTE ON FUTURES- on tradingview (where I primarily chart) the contracts rolled over night and when that happens the charting is always messed up for about a week because there was about a 100pt gap up due to that… there is a way to adjust for contracts but none of my levels are adjusted for that so it would throw everything off… for now I wont be including Futes daily or weekly price action until things normalize some… I will not include support/ resistance either as it is incorrect. FUTURES WEEKLY LEVELS- Supply weekly- 4193 -> 4284 -> 4540 Supply daily- 4240 -> 4292 -> 4298 -> 4312 Demand weekly- 4130 -> 3921 Demand daily- 4273 -> 4188 QQQ DAILY SUPPLY AND DEMAND https://preview.redd.it/7f36vzwva25b1.png?width=975&format=png&auto=webp&s=e79268ef4aa2a961783ffdd614855c0d01ec87c7 Now I said yesterday I was VERY bullish on QQQ and that I was looking for 358-361… we ended up coming super close at open with hitting 357.66 but we did come up and retest that 357.09 supply and once again failed to break through and close over that level… we actually have really turned 354.95 supply into a major resistance here with this being the 5th rejection in 6 days at this level… Now we did put in a new demand at 349.06 today… however, I will say I am VERY bearish on QQQ for Monday… I would not be surprised at all to see QQQ come back down to at least 351 on Monday… If you look at QQQ objectively since 5/26 it has been holding within a 347.93 to 357.09 range for 10 closes in a row now… this right now is our consolidation period/ range… QQQ likely could drop down to 350-351 Monday and could possibly put in a new supply at 354.5 area.. if it did that then we absolutely would look for 348-349 to bounce us and look to long it back to 357. However, IF we can retrace to 349-351 and not put in a new supply I would actually be even more bullish and would look for 361.7 demand to be taken out next week. Now daily DMI is waving up which is bullish and we did hold the daily 8ema today… however, that massive evening doji star bearish reversal candle certainly should result in a drop… daily also broke extreme bull momentum… QQQ WEEKLY SUPPLY AND DEMAND https://preview.redd.it/0vub7bdwa25b1.png?width=975&format=png&auto=webp&s=468c5bed6bc49e77f5eebc021727384b98e5ced4 Now on QQQ weekly here this is looking far more bearish… we just put in a double top with back to back dojis with a weekly supply at 354.65. This is our first supply since the first week of May. Now only that but we also have a weekly DMI wave down forming here on QQQ. I will say though that despite this bearish set up that we have here… QQQ weekly remains in extreme bull momentum (despite the daily losing it) which means the weekly 8ema likely will be support on any retrace… that weekly 8ema should sit somewhere near 340 next week. Impressively QQQ weekly has NOT broken through the 8ema since the first week of may (5 weeks in a row) and we have not closed under the weekly 8ema since the week of March 6th. As you can see we are working on a yellow rising wedge since the week of December 12th. For me we have that 330.67 supply to keep an eye on next week… However, that would not only break the weekly 8ema but would also break the 6 month long rising wedge support… I do not think QQQ has seen the weakness and top to do that… likely weekly support will sit at 337.7 at the lowest next week but I will look for 339-340 to be a bounce point. On the upside if we immediately bounce higher next week we actually could turn this weekly 354.65 supply immediately into a demand which would be incredibly bullish. Upside resistance of the wedge sits at 359.94 and we have a weekly supply at 361.85 to keep an eye on. QQQ WEEKLY LEVELS Supply- 330.67 -> 354.65 -> 361.85 Demand- 322.47 -> 316.18 VIX https://preview.redd.it/1g1n41wwa25b1.png?width=975&format=png&auto=webp&s=544aa2aba58196017243902170ee9f97fc4fe80f Even though it looked like the VIX would never recover and was just going to keep falling and falling and falling…. We actually did it… we actually put in a new daily demand (support) on the VIX at 13.62! This is our first demand the VIX has put in since May 18th… Fun fact about the VIX and putting in Demands (taking the move from low to high of when VIX puts in a demand till its next supply)… March 6th= VIX +65.6%, SPY -6.5% March 14th= VIX +34.1%, SPY -2.5% March 21st= VIX +16.9%, SPY -2.3% April 4th= VIX +8.1%, SPY -1.42% April 6th= VIX +9%, SPY +0.71% April 18th= VIX +20%, SPY -2.9% May 1st= VIX +37.2%, SPY -3.3% May 11th= VIX +9.6%, SPY -0.6% May 18th= VIX +29.9%, SPY -2.6% This is becoming my new favorite thing to do… What does this show? On average over the last 9 times the VIX has put a new demand (support) in it has bounced 25.6% and SPY has fallen -2.38%. There is one time in April though where SPY did randomly push higher despite the VIX pushing up 9%... But what does this mean? Well this means that if this plays out like normal the VIX will see around $17 and SPY could drop to $421.7 before we put a new supply in on the VIX (I will calculate that out once that happens). Now thre is always the chance with low daily volatility and daily/ weekly extreme bear momentum that we do not do that and immediately turn around and put a new supply in… but I will say since November there has not been a time we have seen with the supply indicator this low that we have immediately turned around a put a new supply in… The highest probability is that we see a bounce here on the VIX and drop on SPY… we also broke the 12 day long bear channel today… the next step is for bears to close VIX over the daily 8ema and this should breakout. Next week with CPI and FOMC truly could be really spicy… WEEKLY TRADING LOG https://preview.redd.it/lim9sh9ya25b1.png?width=974&format=png&auto=webp&s=9b9623f764a2b1248dd8a16aae5fc1e87e8751ff Well I wasn’t supposed to be trading today… but ended up getting home earlier than expected and was able to get some solid trading in today. Today was a refreshing breath of air after getting absolutely wrecked yesterday… today was perfect trading and felt perfect to trade, however, after about 145 I will say that we once again say internals not matching correctly… Overall I failed to reach my weekly profit goal but on an extremely positive note here I was able to break the curse of Fridays by putting in a green day (even after realizing my tsla loss). This close out as a nice green week and I am not too upset with the results especially after how brutal yesterday was. I have now been green for the last 10 weeks in a row which is one week shorter than my longest weekly streak in 2022! I hope you guys all have a great weekend and I will see you guys next week! |
2023.06.09 23:40 firsttouchsoccer How to Choose the Right Soccer Academy Near You
2023.06.09 23:40 dukerowanash I just want this week over with
2023.06.09 23:40 TrickAccomplished200 Is this a good pc?
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2023.06.09 23:39 Life_Drain Yet another CX with black waves on top of the screen
![]() | submitted by Life_Drain to LGOLED [link] [comments] https://preview.redd.it/cke57c7wa25b1.jpg?width=1280&format=pjpg&auto=webp&s=192f4789ea30a128c16fee9d19fb584fe0aa3718 Got my CX in December 2020, and recently I noticed these irregular black waves on top of the screen. Never used any liquids to clean the TV, and I don't live near any body of water – I live in São Paulo, Brazil, I wouldn't say it's humid around here. Ran Pixel Refresher a couple of times, no improvement. My TV has only 7000+ hours of use, and the rest of the screen is fine. It's out of warranty. Talked to an authorized repair shop, they're charging the price of a C2 to replace the screen. Filled a form on LG's website, they asked another repair shop to call me. It seems that some people had better luck and a technician went to their houses, but in my case I'm paying for someone on their end to come to my house to take the TV. They're coming next Monday, on June 12. LG said that they'll try to get a discount to repair the TV. I'll update when they send me their offer. If your CX has a similar problem, take pictures of it, post it along the date of purchase. To make sure that you're seeing the whole screen, disable "Screen Move", under "OLED Panel Care". Here are some other posts with the exact same defect on CX: https://www.reddit.com/LGOLED/comments/zt9juc/2yr_old_cx_panel_going_bad_at_the_top_edge/ https://www.reddit.com/LGOLED/comments/xz8k6l/lg_cx_blackdark_pixels_at_top_edge/ https://www.reddit.com/OLED/comments/xh1fml/lg_cx_suddenly_with_weird_black_waves_on_top_of/ https://www.reddit.com/LGOLED/comments/11quhe7/out_of_warranty_cx_panel_replaced_for_burnindead/ That's what I could find on Reddit, I have yet to look on other forums. |
2023.06.09 23:39 DaddyDersch All eyes on CPI and FOMC next week… 6-9-23 SPY/ ES Futures, QQQ and VIX Weekly Analysis and Recap
![]() | So I want to first start this off by clearing a few things up… Wednesday I made a post looking for $400 basically by middle of July… then what happened over night? Well yesterday markets called for a pump so I had to be bullish for today… there is a very different time frame to have on some of these posts… that $400 target is a 30-45dte target… however, I still have overnight and intraweek moves that may inverse that… This market is ruthless and can not make its mind up for more than a minute sometimes… submitted by DaddyDersch to u/DaddyDersch [link] [comments] With that being said I am bearish for Monday… based on todays technicals… we will get to that but lets talk about CPI and FOMC first… EVENT CALENDER https://preview.redd.it/ntmsk1cia25b1.png?width=877&format=png&auto=webp&s=c37d675d41d991d3551581a606e5ebc2781425c4 CPI/ FOMC https://preview.redd.it/0i4jq0tia25b1.png?width=723&format=png&auto=webp&s=128e23e3c44da4369c1dcb320d6d80c59ad9691f I am waiting on bloomberg terminal numbers right now… hoping to get them this weekend (if anyone has access DM me… if not I gotta wait on one of my other sources)… but the way im seeing it right now is that cleveland fed nowcast and consensus are all pretty much spot on… the biggest thing to note here is that CPI is calling for a print in the 4s… we even if all goes well could see a print in the 3s! that would be wild to be honest… also note for next month nowcast is already calling for a 3.3% CPI print! So the question is how do we trade this and what is the market going to do? Well I would NOT trade this at all… why? Simple… its been months since we have had a decent reaction that would make the risk to reward of the payout worth it… Now how will the market react? https://preview.redd.it/f66jg67ja25b1.png?width=975&format=png&auto=webp&s=a3f0bedea7bd1e0b03d179c0aa00e3343e6d7120 As you can see here the last month things have been very up and down… but as of current time of writing this… the markets see the highest odds of a PAUSE at this meeting next week… now this is where I still think the markets have it wrong… there has been ZERO indication for JPOW about a pause… pretty much every time JPOW himself has actually spoken he has ALWAYS said he is going to do a 25bps hike and that there is NO RATE CUTS this year… now this is really where I think markets have it all wrong… The markets were pricing in 75bps of cuts by EOY… Impressively… the markets now have the highest odds of NO RATE CUTS by end of year.. I do think the markets finally have this correct… however, while the odds may be correct now…. I do not see the markets reacting correctly… I do think if JPOW hikes 25bps on Wednesday (which is highly probable in my opinion) that we will see a negative reaction to that… but I do see that as a likely call entry opportunity whenever that sell off stops… SPY DAILY SUPPLY AND DEMAND https://preview.redd.it/37nzgcoja25b1.png?width=975&format=png&auto=webp&s=beb0429c61f63154217a3312012b0791a67bd0a9 Well after putting that 426.6 demand in we have now immediately turned around and put a new supply in at 429.13… however, do you see the issue with it? We are imbalanced.. why? Simply because today we are going to close higher than where the supply is put in… that means markets will need to come back down OR immediately turn around and make a new demand Monday… One interesting thing is that since pretty much April 26th SPY has not broken through a previous demand after establishing a supply… what do I mean… I mean lets take that 410.2 demand… after markets put that in and put in a new supply (was around 420) the markets held that 420.1 demand and did not close below it… we have been stair stacking (bullishly) new demands since 404 area. However with 3 supplies here at this 428-430 area now this has become one extremely strong resistance… SPY WEEKLY SUPPLY AND DEMAND https://preview.redd.it/dt9tk65ka25b1.png?width=803&format=png&auto=webp&s=e43d31e346f866864d8f1f8bdec87e8afd7705eb There is actually no changes to the weekly time frame here… we closed over previous supply and did not put in a new supply… DMI remains overbought and SPY remains ready to put in a new supply on any red week… SPY DAILY PRICE ACTION https://preview.redd.it/8d4w4cmka25b1.png?width=946&format=png&auto=webp&s=1602d4493f652ff4a2e3f90a6684dcce9105423b SPY daily here remains in this black bull channel that it has been in since May 23rd… we also have the bigger broad red/blue bull channel since March 8th… Now this is a CLASSIC bearish reversal pattern with this evening doji star closure… we also once again failed to close over 430.. We did close higher than the august 16th closure but we did not close over 430 yet again… this would be 4 failed rejections in the last 5 trading days from closing over 430. I would not be surprised to see price come back down to 426.5 demand (support) or perhaps 428 supply on Monday… however, I do forsee it still being bullish… honestly until this black bull channel is broken and really until we close under the daily 20ema this remains bullish and dips remain call opportunities… SPY WEEKLY PRICE ACTION https://preview.redd.it/ixppty3la25b1.png?width=975&format=png&auto=webp&s=1f87468e9f4069cbf1f940772c7974c3f0245d67 I think this weekly chart clearly shows the overall trend and shows everything the best… Here you can see since the beginning of march we have been in this blue bull channel. Until SPY breaks under that weekly support (419 for next week) as you can see by the wicks this remains a buy the dip market… we also have a large red/ blue rising wedge that we have been trading within since middle of September… that resistance sits at 436.1 for next week. SPY WEEKLY LEVELS Supply- 416.08 -> 427.35 -> 453.23 Demand- 411.57 -> 381.74 Support- 428.2 -> 422.1 -> 418.6 Resistance- 430 -> 436.9 -> 444.3 FUTURES DAILY SUPPLY AND DEMAND https://preview.redd.it/kx0gzspla25b1.png?width=975&format=png&auto=webp&s=db649f5b552b3aed3a9e6c4e76ec6582a7ef46a8 Not surprisingly here futures followed suit of SPY and also put in a new supply at 4298. We actually are imbalanced on futures which does not usually happen. So that will be interesting to watch get sorted out over next week.. as of right now futes minimally needs to close under 4299 in order to be balanced. 4312 is the supply and resistance from the august high and we once again failed to close over that level… it is safe to assume for now 4312 is strong resistance. FUTURES WEEKLY SUPPLY AND DEMAND https://preview.redd.it/svdlwnbma25b1.png?width=872&format=png&auto=webp&s=14acae6419a030a8aeb9c1e2fc9b427efa2c2d3d No changes to futures weekly supply and demand… we are attempting to make 4284 into a support, however, it is not set up to turn it into a demand which would be incredible bullish. NOTE ON FUTURES- on tradingview (where I primarily chart) the contracts rolled over night and when that happens the charting is always messed up for about a week because there was about a 100pt gap up due to that… there is a way to adjust for contracts but none of my levels are adjusted for that so it would throw everything off… for now I wont be including Futes daily or weekly price action until things normalize some… I will not include support/ resistance either as it is incorrect. FUTURES WEEKLY LEVELS- Supply weekly- 4193 -> 4284 -> 4540 Supply daily- 4240 -> 4292 -> 4298 -> 4312 Demand weekly- 4130 -> 3921 Demand daily- 4273 -> 4188 QQQ DAILY SUPPLY AND DEMAND https://preview.redd.it/t27jd4uma25b1.png?width=975&format=png&auto=webp&s=d7a420b28f8197059f3661f5c76c13de586309a9 Now I said yesterday I was VERY bullish on QQQ and that I was looking for 358-361… we ended up coming super close at open with hitting 357.66 but we did come up and retest that 357.09 supply and once again failed to break through and close over that level… we actually have really turned 354.95 supply into a major resistance here with this being the 5th rejection in 6 days at this level… Now we did put in a new demand at 349.06 today… however, I will say I am VERY bearish on QQQ for Monday… I would not be surprised at all to see QQQ come back down to at least 351 on Monday… If you look at QQQ objectively since 5/26 it has been holding within a 347.93 to 357.09 range for 10 closes in a row now… this right now is our consolidation period/ range… QQQ likely could drop down to 350-351 Monday and could possibly put in a new supply at 354.5 area.. if it did that then we absolutely would look for 348-349 to bounce us and look to long it back to 357. However, IF we can retrace to 349-351 and not put in a new supply I would actually be even more bullish and would look for 361.7 demand to be taken out next week. Now daily DMI is waving up which is bullish and we did hold the daily 8ema today… however, that massive evening doji star bearish reversal candle certainly should result in a drop… daily also broke extreme bull momentum… QQQ WEEKLY SUPPLY AND DEMAND https://preview.redd.it/w2cyodena25b1.png?width=975&format=png&auto=webp&s=91cb41721eb6ba34f7ce65e253b6559dc20f5cad Now on QQQ weekly here this is looking far more bearish… we just put in a double top with back to back dojis with a weekly supply at 354.65. This is our first supply since the first week of May. Now only that but we also have a weekly DMI wave down forming here on QQQ. I will say though that despite this bearish set up that we have here… QQQ weekly remains in extreme bull momentum (despite the daily losing it) which means the weekly 8ema likely will be support on any retrace… that weekly 8ema should sit somewhere near 340 next week. Impressively QQQ weekly has NOT broken through the 8ema since the first week of may (5 weeks in a row) and we have not closed under the weekly 8ema since the week of March 6th. As you can see we are working on a yellow rising wedge since the week of December 12th. For me we have that 330.67 supply to keep an eye on next week… However, that would not only break the weekly 8ema but would also break the 6 month long rising wedge support… I do not think QQQ has seen the weakness and top to do that… likely weekly support will sit at 337.7 at the lowest next week but I will look for 339-340 to be a bounce point. On the upside if we immediately bounce higher next week we actually could turn this weekly 354.65 supply immediately into a demand which would be incredibly bullish. Upside resistance of the wedge sits at 359.94 and we have a weekly supply at 361.85 to keep an eye on. QQQ WEEKLY LEVELS Supply- 330.67 -> 354.65 -> 361.85 Demand- 322.47 -> 316.18 VIX https://preview.redd.it/vpt87ypoa25b1.png?width=975&format=png&auto=webp&s=85982d70d65880ab5b59bef5137b2a007ee4f330 Even though it looked like the VIX would never recover and was just going to keep falling and falling and falling…. We actually did it… we actually put in a new daily demand (support) on the VIX at 13.62! This is our first demand the VIX has put in since May 18th… Fun fact about the VIX and putting in Demands (taking the move from low to high of when VIX puts in a demand till its next supply)… March 6th= VIX +65.6%, SPY -6.5% March 14th= VIX +34.1%, SPY -2.5% March 21st= VIX +16.9%, SPY -2.3% April 4th= VIX +8.1%, SPY -1.42% April 6th= VIX +9%, SPY +0.71% April 18th= VIX +20%, SPY -2.9% May 1st= VIX +37.2%, SPY -3.3% May 11th= VIX +9.6%, SPY -0.6% May 18th= VIX +29.9%, SPY -2.6% This is becoming my new favorite thing to do… What does this show? On average over the last 9 times the VIX has put a new demand (support) in it has bounced 25.6% and SPY has fallen -2.38%. There is one time in April though where SPY did randomly push higher despite the VIX pushing up 9%... But what does this mean? Well this means that if this plays out like normal the VIX will see around $17 and SPY could drop to $421.7 before we put a new supply in on the VIX (I will calculate that out once that happens). Now thre is always the chance with low daily volatility and daily/ weekly extreme bear momentum that we do not do that and immediately turn around and put a new supply in… but I will say since November there has not been a time we have seen with the supply indicator this low that we have immediately turned around a put a new supply in… The highest probability is that we see a bounce here on the VIX and drop on SPY… we also broke the 12 day long bear channel today… the next step is for bears to close VIX over the daily 8ema and this should breakout. Next week with CPI and FOMC truly could be really spicy… WEEKLY TRADING LOG https://preview.redd.it/qyf6hg9pa25b1.png?width=974&format=png&auto=webp&s=db67d531b4556d96212793314679824a4bb124b9 Well I wasn’t supposed to be trading today… but ended up getting home earlier than expected and was able to get some solid trading in today. Today was a refreshing breath of air after getting absolutely wrecked yesterday… today was perfect trading and felt perfect to trade, however, after about 145 I will say that we once again say internals not matching correctly… Overall I failed to reach my weekly profit goal but on an extremely positive note here I was able to break the curse of Fridays by putting in a green day (even after realizing my tsla loss). This close out as a nice green week and I am not too upset with the results especially after how brutal yesterday was. I have now been green for the last 10 weeks in a row which is one week shorter than my longest weekly streak in 2022! I hope you guys all have a great weekend and I will see you guys next week! |
2023.06.09 23:39 Firecatgamer19 Looking for the best upgrades that I can make to increase gaming performance currently
2023.06.09 23:39 st00j Medical Provider Owes Me Money
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