Sabitlenmiş Tweet
StockEducator.Pro
10.4K posts

StockEducator.Pro
@smith_dad
Retired mkt timer of OPM. Price, velocity, fibs, and RS. 'Perversion of the mean'. "Smith Bands" creator. Dancer, MTB racer, skier, SCUBA-doo. BS-CS-UCI
Orange County, CA Katılım Ağustos 2012
441 Takip Edilen1.7K Takipçiler

Pointed out a target reached, ensuing relative weakness in NQ vs. ES, a failed breakout (and expectation), and interim support for the current bounce.
The 5000-tick chart bounced EXACTLY on BBL, so the confluence with this 10-Renko was helpful for the current long.
$ES $NQ $SPX $NDX $SPY $QQQ $UPRO $TQQQ




English

The gap down reached where C=61.8%A. (The prior chart shows an A, but the move after B was a full 5 reversals for a C, and that ABC was a larger A fractal. The pop to the 50% was B, and the C I postulated ended up being 61.8% of the prior ABC.)
The larger timeframe shows the greenS that manifested at the low, followed by the redS -- both of which were actionable. Yesterday's timeframe had a purple speed bounce at BBL moments ago at ES 7391.50, hence the nice pop since. This is still a back-test of the failed up move, and when done, should come back down. The proper trade is the BBL long, not "should come back down". That'll reveal itself if/when....
$ES $NQ $SPX $NDX $SPY $QQQ $UPRO $TQQQ

English

I've been bullish since the recent bottom where all manner of fib confluences met.
After a speed failure yesterday, ES is mildly correcting and has a lower speed target. I'm not expecting this to be dramatic however, but will monitor subsequent bounces for failures. Obviously, velocity has been rolling over even as price highs went still higher.
While typing, speed dropped to the green SmithBand, and I'll be looking for signs of a reversal here.
$ES $NQ $NDX $SPX $QQQ $SPY $TQQQ $SQQQ

English

@AndrewTradesNQ @tradertheory This!
Drives me crazy when I hear about "manipulation" and "they wicked me".
English

@tradertheory Mfs think that hedge funds are worried about your stop losses, meanwhile the total retail trading volume makes up like 5% of the whole
English

We will be sharing gas station pizza and wing stock with our folks that I think gonna double.
Stay tuned.
Emini tic@TicTocTick
Many are still debating which fast food restaurants are cheaper— Dominos, McDonald’s, Chipotle, Wing Stop or Burger King. Y’all are missing the point, that ship has sailed. 80% of Americans can’t even afford McDonald’s. They now eat lunch at gas station wings & pizza. $sbux
English

Ha! Another coincidence.....speed returned to the white-hot level again. 😎 I haven't been actively posting here, but all day I share what I'm seeing (and often late night too).
Fibs on price were fantastic yest and today too!
Speed and its SmithBands gave entries at safe levels all day.
These are but two charts I look at. I'm now working with Codex on a method to normalize and combine multiple timeframes onto a single chart --- it's too hard for me to track different instruments/timeframes with honesty. (One solution is to zoom out, but I like the entertainment!)
$ES $NQ $SPX $NDX $SPY $QQQ $UPRO $TQQQ


English

Five waves up. Repealed the last upon completion. Had divergence, blah blah blah. Speed peaked at the white SmithBand, reverted to....the complement white SmithBand. Nothing to see here. Market is just a random walk. Everything is efficient. An FVG caused this, or maybe news did. Nobody knew nothin'. "I see nothing, Colonel Hogan!"
$ES $NQ $SPX $NDX $SPY $QQQ $UPRO $TQQQ

English

That spike down did not occur at the open nor at the end of A period. It looks like a data error.
This is a 10 tick chart spanning part of yesterday and all of today. It's a single bar, and if accurate, would represent roughly a 8.6% crash followed by a 9.4% rally all in the span of seconds, with no visible bounces in between.

English

$SPY Turbulence on the Way | $VVIX
The inverse head on VVIX, see chart below, is what your mom warned you against when you were young.
This is a textbook example of a "volatility vacuum". Everyone abandoned $VIX. When VVIX dives toward that $94$ zone and snaps back to $109+$ instantly, it suggests the market over-extended its "ceasefire peace" and is now violently re-pricing risk.
In my dictionary, this is enough for $667 or lower next week, regardless of where we close today. Today, they stirred up the pot in the opposite direction, that's that green candle shown below. That's a long stick to stir with 😜
Share & Subscribe, :
$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY

English

I'm the puppet master, so I ultimately must take the blame for my extraordinary delays in AI-assisted software development. I've used Chad (chatGPT) for website development (something I don't know) and application development (indicators/strategies) - something I know a little about after 48 years since I started with Fortran IV and RPG II. (I even wrote a video game in the latter in 80x24 res.🤣)
I so want to give Chad the reins due to his insights and incredibly fast turnaround. He can juggle myriad factors and track them from start to finish while I'd still be doing OOA&D. But....
....ask him to make a sandwich, and he'll figure out how to complicate as if it were a seven-course meal. This makes testing more complicated, too. And talk about arrogance! (I remember my youthful arrogance... I won a contract in the 1980's to design a recursive optimizing system. I had it prototyped with a functioning engine in three days. When I went to deploy it, I came to learn that the target machine didn't support recursion, and a total re-write to a flat/stack model was required. I lost my fanny on that one!)
Chad frequently says, "This will fix that, and you can move on to the next phase." Uh, no. Didn't fix it - reverting....
He tells me that Claude Code is better at some things, and worse at others. I think I need to find out what it's better at.

English

@UraniumGuru24 @TraderLion Are his adds systematic after that, or is he only buying on dips?
English

@TraderLion Position sizing separates pros from gamblers. Add to winners and gains compound. Add to losers and mistakes compound. Simple but not easy. 📊
English

T2 was reached today for ES. I eye-balled and suggested T2 at 6842 was on tap yesterday, in a Discord (not mine, and no financial interest). I was off by five points -- not bad for a monster day (night).
The market has now retraced a little more than 61.8% of the prior 9% down move. If bears are truly in control, there's a lot that must be surrendered to prove it. As usual, I find it easier to trade where it seems the market is heading: fib targets on price, SmithBands on velocity, and where swings produce fib-sized echoes. I can't tell if this is a W3 or a C, but either way, it's enjoyable for the trend followers.
At the recent bottom, there were plenty of confluent fib levels reached. Additionally, there was an important velocity relationship realized that is always worth respecting. (In fact, that setup paid four times today.) For now, let's see if this 61.8 sell zone hurts the bulls, or if they can push through.
$ES $NQ $SPX $NDX $SPY $QQQ $UPRO $TQQQ
English

T1 is not usually the end of the line, but it can pause or even temporarily reject.
This is the composite, going back about four days.
Just trying to show that despite the rollercoaster, the proportions are actually normal/reasonable.
I posted this earlier in a Discord I hang out in (not mine and no financial interest).
$ES $NQ $SPX $NDX $SPY $QQQ $UPRO $TQQQ

English









