Agent_Shaqtus

BUFFETT SAYS US HAS NEVER HAD MORE INVESTORS IN A "GAMBLING MOOD" BUT OPPORTUNITIES STILL EXIST

Some BIG implications for May 👀 $SPY $QQQ

"How did the market move back to highs this quickly?!" I've been talking about this for months now, but despite overall market weakness from November through March there was one thing that stuck out BIG TIME... The move we saw is something I refer to as "Controlled Demolition." Controlled Demolition is when price is moving lower, but NOT creating higher time frame levels. In the weekly chart attached, you will notice that following price getting into the quarterly bullish imbalance, there was not a single untouched bearish level overhead. This creates a "Low Resistance Liquidity Run," or LRLR, which in this case, our draw on liquidity was previous all time highs. Does this always occur on higher time frame setups? No... but can this ideology be used on smaller time frames? Absolutely. Incorporating these ideas can help you catch explosive intraday moves when you see there are no newly formed bearish levels overhead. I hope this was helpful. Bookmark it and share it with a friend! $SPY $NQ