πŸ•΅οΈβ€β™‚οΈ I SPY, QQQ TA – Friday March 18, 2022 (0dte Scalpers Delight) via /r/wallstreetbets #stocks #wallstreetbets #investing

πŸ•΅οΈβ€β™‚οΈ I SPY TA – Wednesday March 16, 2022 (0dte Scalpers Delight)

https://preview.redd.it/bwavmhxq01o81.png?width=1456&format=png&auto=webp&s=f0d6bab5b74dca6cc403125c979e49aa19ac9312

https://preview.redd.it/ve39yvet01o81.png?width=1386&format=png&auto=webp&s=753111797175ccf5f03b0da6a56f4f892c32c61b

Levels

  • Break 441.91 and look for – 443.31 – 444.47 – 446.05 – 448.11
  • Break 446.05 and look for 451.20 – 452.91
  • Lose 439.17 – 438.28 and look for 436.49
  • Lose 436.49 and look for 433.84 – 432.46 – 431.39 – 428.68
  • Lose 428.68 and look for 427.16 – 424.75

https://preview.redd.it/dwx01cuw01o81.png?width=1456&format=png&auto=webp&s=2dd6eb640a154c27da249a15f8fdb6e8d1658ef3

Notes:

  • If we close above 440 tomorrow I will be neutral!
  • Important for bulls to hold above 432 tomorrow.
  • With the 65 min oversold I see a little downside tomorrow. We are near the top of the small uptrend and just had a larger downtrend break. I think we might see a retest around the 436 range (prior larger downtrend resistance). We shall see. Be πŸ’§ and follow the price action!
  • Key levels to watch on Friday AM: 441.10 – 439.63 – 438.21 – 434.11

https://preview.redd.it/tj8rurkz01o81.png?width=1456&format=png&auto=webp&s=b7c33d6be9c1547ba8f88e4c9daf0caaa83c4582

  • We closed above the 21 EMA (15 min) and the 200 EMA (15 min.)
    • 21 EMA currently sits at 438.04
    • 200 EMA currently sits at 426.28
  • Daily RSI – bullish. 65 min RSI – oversold – bullish. 15 min. RSI – oversold – bullish. Will we get a 46.83 backtest? Bulls looking for 58.39 – 60.90

https://preview.redd.it/3k7twpx111o81.png?width=1456&format=png&auto=webp&s=b843fc3b6ad7e3b57e226844655349719c0df782

  • Bearish divergence on 2 min. for what it’s worth.

https://preview.redd.it/d8zuu1k411o81.png?width=1456&format=png&auto=webp&s=3c4b8700ef7670672a60e65b3d88f3a1dfab9052

  • Consolidation – Neutral Bias – Channel: 432.21 – 423.45 – 414.52. Measured bullish breakout targets: 440.90 – 449.82. Got the half measure today. Bulls looking for a full measure tomorrow.

https://preview.redd.it/ytm2910711o81.png?width=1456&format=png&auto=webp&s=a7233a0777922c77cce075768fb476f132959a0d

  • Algo Flow – Day – Divergence at 441 – something to keep an eye on. However, looks like a bullish close IMO. We shall see.

https://preview.redd.it/ptqjqgd911o81.png?width=1456&format=png&auto=webp&s=6a3dbf4d80ebf060c09f968300975e3414279755

  • Algo Flow – 5 Day – Divergence at 441 – Something to keep an eye on.

https://preview.redd.it/lxd416tb11o81.png?width=1456&format=png&auto=webp&s=3af832f768ea1dd505d076a2b1a8190b933f7c9c

  • Netflow – 1 Day – Bulls showed up. Wanna see puts under 0 on a one-day scale for capitulation IMO. Be πŸ’§.

https://preview.redd.it/nb501b2e11o81.png?width=1456&format=png&auto=webp&s=c157b406fd87996f4bd52e6c2f4ecf015eb69b4a

  • Netflow – 5 Day – Puts and calls increased today. Be πŸ’§.

https://preview.redd.it/88d27dng11o81.png?width=1456&format=png&auto=webp&s=2af73d728d6176ccebaec6ffffb38ee12701a76c

Fib-Retracement Study – 1 Day

Key Levels

  • 0 – 473.9
  • 0.236 – 462.66
  • 0.382 – 455.71
  • 0.5 – 450.09
  • 0.618 – 444.47
  • 0.786 – 436.47
  • 1 – 426.28
  • 1.618 – 396.84

https://preview.redd.it/h9kgkchi11o81.png?width=1456&format=png&auto=webp&s=2f5e73cbc242ffb10f877c7045c6d8fb97e83b99

Key Levels

  • 0 – 458.60
  • 0.236 – 444.09
  • 0.382 – 435.11
  • .5 – 427.85
  • 0.618 – 420.59
  • 0.786 – 410.26
  • 1 – 397.10
  • 1.68 – 359.10
  • 2.618 – 297.60
  • 3.618 – 236.1

https://preview.redd.it/zc4z75pk11o81.png?width=1456&format=png&auto=webp&s=b73056ad6cc4328edbfe9c03eb150fdb6cdb24ee

https://preview.redd.it/7tqqox0n11o81.png?width=1370&format=png&auto=webp&s=e4e24472c126cdc36cc5d61c517f0900d274c989

Levels

  • Break 344.25 and look for 346.49 – 348.45 – 352.01
  • Break 352.01 and look for 354.99
  • Lose 341.84 – 340.92 and look for 338.61 – 337.16 – 334.97 – 333.58

https://preview.redd.it/hxh4ns1p11o81.png?width=1456&format=png&auto=webp&s=8ba637985a3efe95ab974783bfdef5fb5ce84013

Notes:

  • Closed above 21 ema (15 min) and the 200 EMA (15 min)
    • 21 EMA – 341.58
    • 200 EMA – 330.28
  • πŸ”‘ for bulls to hold above 333.58 tomorrow. Preferably 337 IMO.

https://preview.redd.it/kv1k28jr11o81.png?width=1456&format=png&auto=webp&s=5e00fb1678d9cd551900d63f8e087d15a1daf592

  • Key levels to watch Friday AM: 344.45 – 343.20 – 341.71 – 337.61

https://preview.redd.it/29tplrdu11o81.png?width=1456&format=png&auto=webp&s=8e12d16ddc2a6a74fc09b5942da37fa5ce69c580

  • 1 Day RSI: 52 (neutral – bullish)
  • 1 Day MACD: Bullish cross today. Bulls break -5.64 and will be in business. Bears looking to break -9.35
  • 2 min. RSI bearish divergence. Something to keep an eye on.

https://preview.redd.it/3ntrd68y11o81.png?width=1456&format=png&auto=webp&s=840e2f3cf00b3599dea8c9d1285dc43b499f93f2

  • 15 min. MACD bearish divergence. Something to keep an eye on.

https://preview.redd.it/te0t47p021o81.png?width=1456&format=png&auto=webp&s=38c30fcdd989a8f067aa16600bbb169358ea52a0

Positions:

Scalped Calls. Played small QQQ put lotto into the close.

https://preview.redd.it/i1lgw3r821o81.png?width=1456&format=png&auto=webp&s=84b52cb30550e2e64a3366be722b6f27dd38929b

Thanks for reading,

🌝NightMan

NOT INVESTMENT ADVICE.