Last day of the month. Feels like musical chairs with shorts getting squeezed. All targets hit Smash! Downside and upside targets, LOL! Well most targets hit. LOL
Hi Smash, good plan as always. Thank you. In the the visual presentation for April 30th plan you have the Smashlevel at 5550. I think the 5575 in the text is correct.
Hi Smash, what is your threshold for a Poor High nowadays? I've always thought the Dalton two ticks should be expanded to 4 just to account for inflation.
It definitely needs to be increased, as the ranges have generally been larger lately. It's hard to pinpoint exact numbers, but in yesterday's case, the poor high was clearly visible—even on a candlestick chart—given the multiple closely aligned highs.
Thanks! Feels like a larger liquidation break could set up if we get back below 5550.
Good call. ES_F 5548.50 at 06.00 - 06.10 am EET, in Europe. Have a good trading day.
LAAF on a weekly timeframe, perhaps?
Thank you Smash
Good morning, Tom. Happy Wednesday. PCE, GDP Growth, Personal income & spending data readings on deck.
Have a good trading day .
Thank you sir you as well!
Last day of the month. Feels like musical chairs with shorts getting squeezed. All targets hit Smash! Downside and upside targets, LOL! Well most targets hit. LOL
The smash level on the chart needs to be adjusted to 5575 from 5550 to comply with the explanation
Corrected! Thanks!
Hi Smash, good plan as always. Thank you. In the the visual presentation for April 30th plan you have the Smashlevel at 5550. I think the 5575 in the text is correct.
Thanks! 5575 is the correct pivot!
Buenos dias, Smashelito. Spero che tu stai bene.
Per favore, mira il SMASHLEVEL 5550 ?
Credo che tutti altri livelli e indicazioni nel grafico
sono corretti.
Grazie mille per tutto quello che fai per noi. Cordiali saluti da Helsinki.
5575 is the correct pivot, thanks!
Thank you Smashie!
Hi Smash, what is your threshold for a Poor High nowadays? I've always thought the Dalton two ticks should be expanded to 4 just to account for inflation.
It definitely needs to be increased, as the ranges have generally been larger lately. It's hard to pinpoint exact numbers, but in yesterday's case, the poor high was clearly visible—even on a candlestick chart—given the multiple closely aligned highs.
Thank you very much!