Get a comprehensive overview of the market analysis from the Monday session of the trading week. Explore potential trading opportunities and key insights for informed decision-making.
Market Insights and Expected Moves
βοΈThe Spy weekly candle structure showed a solid green bodied bar with not enough upper or lower Wick to read into from a psychological perspective.
πThe upper bound for the expected move is 45575, indicating a higher high and trend continuation.
πThe lower bound for the expected move is 44580, which would be an equal low to the Tuesday low from the CPI Gap up.
πΌLook for a potential short squeeze if the market makes a rotation and breaks for a gap fill.
πPay attention to confluence from anchored view apps and the CPI Gap and go anchored view app for potential market strength.
Sector Analysis and Trading Opportunities
πThe NASDAQ broke the weekly resistance trend line two weeks ago and finished the week below it, hitting the target at the top of the range.
π°The XLK is leading the upward direction, indicating a risk-on sentiment.
πFinancials started to show some improvement, but a higher high is needed for a bullish rotation.
πThe SPX 50r closed at a higher high, indicating a bullish divergence.
πTesla has a bullish bias unless it breaks below the daily level of 23065.
FAQ
What are the potential trading opportunities based on the market analysis?
Potential trading opportunities include a potential short squeeze, confluence from anchored view apps, and sector analysis indicating risk-on sentiment and bullish divergence.
How can I identify a bullish rotation in the financial sector?
A higher high is needed for a bullish rotation in the financial sector.
What is the key level to watch for Tesla's bullish bias?
Tesla has a bullish bias unless it breaks below the daily level of 23065.
What are the key insights from the weekly candle structure of Spy?
The Spy weekly candle structure showed a solid green bodied bar with not enough upper or lower Wick to read into from a psychological perspective.
How can I identify a potential short squeeze in the market?
Look for a potential short squeeze if the market makes a rotation and breaks for a gap fill.
Summary with Timestamps
π 0:05The market was quiet on Friday, but there are some easy-to-watch setups for the upcoming trading week.
π 4:59The expected move for this week is bullish, with a higher high and trend continuation.
π‘ 9:40The speaker discusses potential short squeeze opportunities in the market and highlights key indicators to watch.
π 14:25The NASDAQ weekly chart shows buyers in control, with a strong close near the highs of the weekly range.
π 19:16The video discusses the balancerange in the market and highlights three key levels to watch.
Get a comprehensive overview of the market analysis from the Monday session of the trading week. Explore potential trading opportunities and key insights for informed decision-making.
A summary and key takeaways of the above video, "The exact same SHORT SQUEEZE setup is here..." are generated using Tammy AI