

SDC Trader
19.2K posts

@SDCtrader
Trading service of Trader Ted. Weekly trading setups for stocks, indices, crypto and commodities. Based on price action and: Supply- & Demandzones and Cycles!









Setup within reach of VIX TP1H 28.81. Adding here.


$ASML Heeft zojuist de high van vorige week gebroken, maar er is zeker kans op een "look above and fail". Op dit moment zie ik eerder een trading range ontstaan met grofweg 1230 bovenkant (de onderkant is moeilijk te zeggen, vanwege de soms enorme dalingen die weer gekocht worden; er is daar vooralsnog geen 1 duidelijk niveau dat steun biedt). De MA21 wordt telkens gebroken (op en neer) en dus is er van een duidelijk trend in welke richting dan ook geen sprake. Als er meerdere dagen koersen boven 1230 worden geaccepteerd, dán is een pullback naar de dan iets oplopende MA21 een koopkans, voor een rit naar boven om de highs te testen.


$MU Markets down, Micron green! But in just over an hour they will release their earnings.... Now at bar 7 of the daily cycle, it's about time to set a to of the first part of the cycle (mostly between bar 3 and 8). Based on average timing it's not strange to set a top now. Bearish divergence is supporting the thesis that a pullback can happen any moment. Distance with rising MA21 is pretty huge, may be reduced the next few days. Till proven otherwise any pullback should lead to a higher low, followed by a test or break of the current highs. I'm lightly in some turbo shorts, currently down a bit. Will hold them though....





$FICO They don't like the stock anymore.... Close to tag the 61.8% Fib extension over the Covid low and ATH. Just below possible support of the MA89 below 1,000. If that level won't hold, the purple demandzone is next, but even 700 can't be ruled out, which has confluence with the 76.4% Fib line and EMA144.






$BTCUSD Bulls however do have a shot right now! They can setup a bear trap today tomorrow, to take out today's low, before trying to reverse sharply out of the purple demandzone. They need to break AND hold above 74K; if so Bitcoin can go up to 85K - 95K! If bears can break AND hold below the demandzone, expect 59K - 52K soon.