Education
August 24, 2021
SPY made a volume reversal last week. The red and blue bars on the chart indicate volume reversals at at least 5 year highs/lows. The signal is rare. Proposed resistance levels for ES and NQ futures (see next 2 charts) are about 4500 and 15460.
August 18, 2021
The USDOLLAR pullback bottomed at 11911…just above 11900. Is this a massive breakout? It is until it isn’t (then it would be a failed breakout). Risk is higher until noted otherwise with focus on 12129/60.
May 5, 2021
Kiwi has traded in a textbook fashion over the last week or so. Resistance at the channel high…hard break of the center line…center line acting as resistance…and finally the lower channel line holding.