Ray on Markets

🚨🚨🚨Hindenburg Omen ➰➰➰

🚨 The Hindenburg Omen is a technical indicator that signals when a stock market crash may be imminent.

🚨 It's named after the Hindenburg disaster in 1937 and was introduced by Jim Miekka in the 1990s.

https://investopedia.com/terms/h/hindenburgomen.asp

🔴𝔸𝕤 𝕠𝕟 𝕕𝕒𝕥𝕖 𝟛 𝕠𝕦𝕥 𝕠𝕗 𝟜 𝕔𝕠𝕟𝕕𝕚𝕥𝕚𝕠𝕟𝕤 𝕒𝕣𝕖 𝕞𝕖𝕥🔴

"ᴛʜᴇ ᴇꜰꜰᴇᴄᴛ ɪꜱ ꜱᴛʀᴏɴɢᴇʀ ᴡʜᴇɴ ᴛʜᴇ ᴄᴏɴᴅɪᴛɪᴏɴꜱ ᴏᴄᴄᴜʀ ɪɴ ᴀ ꜱʜᴏʀᴛᴇʀ ᴛɪᴍᴇ ꜰʀᴀᴍᴇ. ꜰᴏʀ ᴇxᴀᴍᴘʟᴇ, ᴏʙꜱᴇʀᴠɪɴɢ ꜱᴇᴠᴇʀᴀʟ ᴄᴏɴᴅɪᴛɪᴏɴꜱ ᴡɪᴛʜɪɴ ᴀ ꜰᴇᴡ ᴡᴇᴇᴋꜱ ɪꜱ ᴀ ꜱᴛʀᴏɴɢᴇʀ ɪɴᴅɪᴄᴀᴛᴏʀ ᴛʜᴀɴ ᴏʙꜱᴇʀᴠɪɴɢ ᴀʟʟ ᴄᴏɴᴅɪᴛɪᴏɴꜱ ᴏɴᴄᴇ ᴏᴠᴇʀ ᴀ 30-ᴅᴀʏ ᴘᴇʀɪᴏᴅ" - see shaded area in the chart and previous signals

𝕎𝕙𝕒𝕥 𝕟𝕖𝕩𝕥 for ?

⚓️ from election-high ( using high of the bar) and from low on 5th ( using low of the bar)

frames the price action since the election nicely

⚓️So far, attempts to break above did not work, just did another retest as I write this

⚓️ Market flirting with 5SMA

🗝️ setting up OD/ID pattern



❓ a quick trend day and long liquidation or a blow-off to a new high over the next two days?

🆆🅴🅴🅺🅴🅽🅳 🅵🆇 : 🆂🅻🅸🅽🅶🆂🅷🅾🆃🆂 💹💵🪙
https://traders.com/documentation/feedbk_docs/2007/06/ForexFocus/FOREXfocus.html
ᴄᴏᴍɪɴɢ SOON ᴛᴏ ᴀ ᴄᴜʀʀᴇɴᴄʏ ɴᴇᴀʀ ʏᴏᴜ $JPY $USD $CAD

💲Ready to slingshot down? 🔻
💴 Ready to slingshot Up? 🔺
🦆Ready to Slingshot Up? 🔺

Forex Focus - June 2007 Access to foreign exchange trading has opened up exciting trading options for the retail trader. You can now trade alongside corporations and institutions in a highly liquid market that is global, traded around the clock, and highly leveraged. Before jumping into this market, however, we must unders...

ᴜɴᴜꜱᴜᴀʟ ᴏᴘᴛɪᴏɴꜱ ᴀᴄᴛɪᴠɪᴛʏ ɪɴ ʟᴀᴍʙ ᴡᴇꜱᴛᴏɴ 🔍📈🍟

🍟 is one of the largest producers of frozen 🥔products

🍟 Large supplier to

🍟 Stock is bouncing after Jana Partners took a stake and the latest earnings

🍟 Unusual Call Options Activity using TradeStation shows accumulation

🍟 Upside potential 25% to target 🎯 $96

Dang, those 🍟🍟 are getting salty 👿

ℕ𝔸𝕊𝔻𝔸ℚ 𝕊𝕖𝕥𝕥𝕚𝕟𝕘 𝕦𝕡 𝕗𝕠𝕣 𝕒 𝕞𝕠𝕧𝕖 📈📉

is in "balance" poised for a move soon out of the triangle

Projected moves after the inevitable shakeout will set the next stage of the story during the earnings season + elections

ᴅᴀʏ ᴛʀᴀᴅɪɴɢ ᴛʜᴇ ɪɴᴅɪᴄᴇꜱ : ᴛɪᴄᴋ ᴛᴏᴄᴋ ᴛɪᴄᴋ ᴛᴏᴄᴋ ☀️⏰💰
ding

⏰ Using Market Internals $ADD $TICK $VIX to identify the type of day will increase your odds. Note that $TICK could not come to the bullish zone any time since open today. Learned to apply this ( 80,2) to the $TICK from Linda Raschke

⏰ Now add Pivot Points and basic Time of Day Functions and Key Decision points
- Previous Day High / Low, Globex High Range, Opening Range, Europe Close - you have yourself a roadmap and decision points throughout the day

⏰ Finally, when in trade, use defined targets + a Volatility Stop to capture the 🍖🥩 of the day's move

𝘼𝙣𝙙 𝙙𝙤 𝙩𝙝𝙞𝙨 𝙚𝙫𝙚𝙧𝙮 𝙙𝙖𝙮

🅼🅰🆁🅺🅴🆃 🆁🅴🅶🅸🅼🅴: 🅱🆄🅻🅻 🆀🆄🅸🅴🆃

ʀᴇᴘᴇᴀᴛ ᴀꜰᴛᴇʀ ᴍᴇ - ᴍᴀʀᴋᴇᴛ ʀᴇɢɪᴍᴇ: ʙᴜʟʟ Qᴜɪᴇᴛ

𝐌𝐚𝐫𝐤𝐞𝐭 𝐡𝐚𝐬 𝐚 𝐜𝐚𝐬𝐞 𝐨𝐟 𝐇𝐚𝐥𝐢𝐭𝐨𝐬𝐢𝐬 📈📉😮‍💨

😮‍💨 Market is close to All-Time High but bad breadth persists and has weakened in the last few days

😮‍💨I am using 𝗠𝗮𝗿𝗸𝗲𝘁 𝗕𝗿𝗲𝗮𝗱𝘁𝗵 𝗦𝗰𝗼𝗿𝗲 - a custom tool from

from their excellent Masterclass Series ( ░F░R░E░E░) by David Russel and Jesus Nava

😮‍💨 This tool combines breadth, trend direction and momentum on constituents of each index over multiple lookbacks and presents a smoothed view weighted towards recent data

😮‍💨 Unless we see this score improving soon, we will probably see further downside in the indices in the coming days

𝐎𝐧𝐥𝐲 𝐏𝐫𝐢𝐜𝐞 𝐏𝐚𝐲𝐬 📈📉💰 $MSFT $ADBE

📌 As we begin the week studded with 15 speakers + minutes, I present Only Price Pays

📌No averages, regression etc, - simple and effective view of trend of price 🔴🟢

📌 We see $NASDAQ still in 🟢 both on weekly and daily

📌 But and are both in 🔴 on the weekly and daily - thereby showing relative weakness as well as 🔴 trend of price

📌 These would be my candidates if we get further correction during October



Charts using TradingView

𝐀𝐧𝐚𝐭𝐨𝐦𝐲 𝐨𝐟 𝐚 𝐃𝐚𝐲 𝐓𝐫𝐚𝐝𝐞 📈🚀💸



💸 CPI print drove the market down - setting up for a 700 points roundtrip on

💸 Sharing the long trade which perfectly captured the V bottom

💸 Trading is all about catching 🌊 while staying safe unless you get that fat pitch ⚾️. This set-up was a fat pitch - low-risk, supported by market structure at entry and further supported by easy-to-use tools to capture the meat of the move

Chart and tools on

Stock Trading Ideas 💡💸📈📉

ALPHASTRIKE SYSTEM :Day Trading Performance Aug 8, 2024



💰$16920 per Nasdaq futures traded
💰2.92 Profit Factor for the day

💸 We had second back-to-back trend day
💸 System produced a great signal ( with Boost - green arrows) just before data release
💸 That led to upside breakout which was retested at NYSE open
💸 Retest was followed by a monster move enough to make your day
💸 Two more good signals and we close with ⚡️🌩️ profit and profit factor for the day

TradingView