Very soon, you will be able to access daily and weekly NQ plans in a more concise format on my private Substack at: https://smashlevels.substack.com. However, there are still a few things that need to be sorted out first.
The levels from the Weekly Extreme Low to the Weekly Extreme High are my focus for the week. If buyers struggle to reclaim 4823 early in the week, the odds of testing lower levels increases. Friday's session was a double distribution trend day down, indicating expectations for a continuation of the downside. However, if buyers reclaim 4823, negating Friday's trend day, the probability rises for a test of the ATH.
As I've mentioned before, my levels serve as reference points for assessing market strength and weakness. To effectively gauge market behavior, it is essential to continuously monitor real-time developments through the observation of price action and order flow.
We're hear to learn from the Sierra chart via your interpretation of it.
As I understood, the main part of your activity is to sell your very useful books on how to read and interpret correctly all Sierra's indicators.
The buyer of your 6 books must install Sierra chart/software in his/her computer. Which is not easy for many traders. Everyone is used his/her already installed software/chart.
If you could write a newsletter which many more information about the tradeability of few important levels that would be a paid subscription too.
Otherwise, what we see in the current newsletter is:
a.Sierra's software chart with levels daily
b.your yellow levels
c. the Smashlevel.
The Smashlevel, which is The Most Important part ends up to be a disorienting indicator.
What remains is a chart with levels and your yellow levels.
Thank you for your efforts. All the best in this year for you and your business.
You have placed a question that stays in many people's mind.
Smashelito, answered but still the question : Break and hold above 4823, for how long ? Holding below 4823, for how long ? hasn't been answered.
I'm insisting to make the same question as yours, because Smashlevel is the most important part of the process during day trading. Is the most important part of the newsletter too.
A real example:
A. I wake up 02.00'hrs EET , Helsinki, Finland. Asia and Oceania market is in full operations.
B. At 09.00' hrs CET, Germany, all Europe starts trading.
C. At 09.00' GMT , London starts trading.
D. At 09.30' EST, NYSE starts trading.
During all those sessions, the levels could break and hold, above or below the Smashlevel many times for hours.
Be well Algo. I wrote what's really happened to the Smashlevel many times since I started to follow Smashelito's newsletter..
By interpreting Sierra 's data, he could write much more about probable outcome of certain levels and not about the one and only level that determines, or conditioning the fate of a trading session.
Doesn't exist a level that sets the conditions for the next levels in any index.
10ys bond yield levels are conditioning the level of ES_F.
WE SAW IT ON FRIDAY 29 DECEMBER 2023. And many more times in the history of the indexes.
People like you make this a better world
Thank You
Appreciate it!
If and whenever I’m Chicago please allow me to buy you dinner steak or pizza
Thank you very much for your valuable contribution to the community Smash.
Thank you for your discipline every day and for the altruism.
All the best to you in this new year 2024. ✨🥂
Thanks, my friend! Wishing you and your family a fantastic New Year. Let's make 2024 an awesome year for trading!
Smashy New Year!
Thank you Smash!
Happy New Year , Smash! I wish you a good and profitable year! Thanks for everything you do.
P.S. Are there any plans to launch $NQ analysis?
Very soon, you will be able to access daily and weekly NQ plans in a more concise format on my private Substack at: https://smashlevels.substack.com. However, there are still a few things that need to be sorted out first.
Break and hold above 4823 for how long? Holding below 4823 for how long?
The levels from the Weekly Extreme Low to the Weekly Extreme High are my focus for the week. If buyers struggle to reclaim 4823 early in the week, the odds of testing lower levels increases. Friday's session was a double distribution trend day down, indicating expectations for a continuation of the downside. However, if buyers reclaim 4823, negating Friday's trend day, the probability rises for a test of the ATH.
As I've mentioned before, my levels serve as reference points for assessing market strength and weakness. To effectively gauge market behavior, it is essential to continuously monitor real-time developments through the observation of price action and order flow.
Happy New Year Smashelito!
Thank you for your coherence and consistency.
We're hear to learn from the Sierra chart via your interpretation of it.
As I understood, the main part of your activity is to sell your very useful books on how to read and interpret correctly all Sierra's indicators.
The buyer of your 6 books must install Sierra chart/software in his/her computer. Which is not easy for many traders. Everyone is used his/her already installed software/chart.
If you could write a newsletter which many more information about the tradeability of few important levels that would be a paid subscription too.
Otherwise, what we see in the current newsletter is:
a.Sierra's software chart with levels daily
b.your yellow levels
c. the Smashlevel.
The Smashlevel, which is The Most Important part ends up to be a disorienting indicator.
What remains is a chart with levels and your yellow levels.
Thank you for your efforts. All the best in this year for you and your business.
Rely on the levels as your guide, and employing order flow/bookmap can provide valuable insights..
Happy New Year to everyone.
You have placed a question that stays in many people's mind.
Smashelito, answered but still the question : Break and hold above 4823, for how long ? Holding below 4823, for how long ? hasn't been answered.
I'm insisting to make the same question as yours, because Smashlevel is the most important part of the process during day trading. Is the most important part of the newsletter too.
A real example:
A. I wake up 02.00'hrs EET , Helsinki, Finland. Asia and Oceania market is in full operations.
B. At 09.00' hrs CET, Germany, all Europe starts trading.
C. At 09.00' GMT , London starts trading.
D. At 09.30' EST, NYSE starts trading.
During all those sessions, the levels could break and hold, above or below the Smashlevel many times for hours.
I agree with you 100%
Be well Algo. I wrote what's really happened to the Smashlevel many times since I started to follow Smashelito's newsletter..
By interpreting Sierra 's data, he could write much more about probable outcome of certain levels and not about the one and only level that determines, or conditioning the fate of a trading session.
Doesn't exist a level that sets the conditions for the next levels in any index.
10ys bond yield levels are conditioning the level of ES_F.
WE SAW IT ON FRIDAY 29 DECEMBER 2023. And many more times in the history of the indexes.
ES/ SPX Spread ?