“You better have a plan ahead of time and it better be self-executing, and you better have thought through it.” — Paul Tudor Jones.
@eminiplayer Trade Plan Vulcan Trader (to get a giant step closer to self-executing) 🖖
From today's MTP:
"The better or more conservative area of support is lower at 7371.50-7379.50, and if the market is going to head higher in any significant way, then we want to see ES holding above 7371.50-7379.50"
Overnight: $NQ_F Buyers active at the 28227.75-28332.75 Support (Bias Confirming Zone)
As we discussed in the Live Recap:
in order for $ES_F to put in a sustainable break-down, NQ would need to break and hold below 28227.75. Otherwise, we could get a false/failed break-down 🔮
⚠️ Higher volatility environments require quicker thinking/analysis.
In a high volatility environment (like we're in now), moves that used to take days, now happen in a matter of hours.
Moves that took hours, now happens in minutes!
That requires faster real-time analysis ⚡️
Sellers active at the 7392.75-7405.75 Initial Resistance for a move down to the 7299-7309 Initial Support where Buyers stepped in 🎯
Trade Location = EDGE 💰
$ES_F#VulcanTrader 🖖
Guaranteed profit day:
Today's Initial Resistance zone was the 61.8% retracement of yesterday's massive selloff
Key inflection point for bears to step in and continue the move downward
1st hour low is definitively broken and 70% chance the HOD is likely in
Looking at the massive relative volume and assuming the rest of today's range is playing to the downside, expanded my HPT and FT targets
HPT was expanded to today's Initial Support (61.8% retracement of yesterday's relief bounce) and now hit
FT is still being held and will evaluate where to fully exit. Still plenty of hours left in the session
#STBNeutralBearish