Blog categorized as DailyiQ

Following Fridays high and a vigorous overnight, do your charts tell you this? 

Day - Monday

Opening Gap Direction - Up

Market Status - Friday saw new highs and the overnight numbers look strong with a potential open between R2 and R3 Price Pivot Zones (PPZ)

Instrument - ES, RTY, NQ, YM

Trading SetUp - Intraday

Market Trend - Still in a Bullish trend pushing new highs.

Trade Type - L...

08/24/2020 09:15 AM - Comment(s)
OPEX day opportunities growing weaker over time
The markets are quietly holding their gains on opex day. Let's see what that has led to historically into the close.
08/21/2020 02:30 PM - Comment(s)
A Lower Open on OPEX day may tempt the Bear
The market is moving lower as we approach the open on options expiration day. Here is what has happened historically when gapping down on opex.
08/21/2020 09:32 AM - Comment(s)
A low opening with lots of green candlesticks may offer some late afternoon opportunity
The market opened below yesterday's low and has trended higher all session. Let's see what that pattern has led to historically as we approach the close.
08/20/2020 02:22 PM - Comment(s)
Options Expiration Day tomorrow can create excitement today
Tomorrow is options expiration day. This day has historically favored one side of the market more often than the other.
08/20/2020 09:10 AM - Comment(s)
Do the FOMC Meeting Minutes create selling pressure (and opportunity) this afternoon?
The market is selling off after the FOMC Minutes. Let's test that in real-time to see what it has led to historically.
08/19/2020 03:09 PM - Comment(s)
Which way will the market move following yesterday's Neutral Day with an S&P 500 20 day New High?
This Market Profile day type at recent highs has historically resulted in larger average moves to one side...
08/19/2020 09:12 AM - Comment(s)
After another new high, will we get a glimpse of the bear today?
The markets are pushing higher after yesterday's 52-week high, let's examine what that has led to historically.
08/18/2020 09:17 AM - Comment(s)
A quiet 9 Point Range today, Bullish or Bearish at the close?
The markets are consolidating tightly after this morning's gap up, let's see if that has historically produced a bias into the close.
08/17/2020 02:43 PM - Comment(s)
Will the Market have the Monday blues today?
Let's look at what has happened when the week ended with a narrow range session.
08/17/2020 09:09 AM - Comment(s)