Long time follower, always appreciate ur efforts, moved from twitter to substack once u started posting here...
So i think there is some discrepancy in summary & targets
You Say in summary
Be cautious buying 3,922 (long) & selling 3,809 (short) until acceptance above/below
BUT
In targets you say
> 3,922 - cautious with shorts
< 3,808 - cautious with longs
I think i understood the point that above/below last targets in the range, watch PA for acceptance/rejection but this 2 different viewpoints might confuse some....
3922 is the top of the balance area, meaning an area where you book profits if you have a long position and it's not an optimal area to initiate new long positions, so be "cautious with longs". Generally it is an area to look for short setups, BUT if we break and hold above 3922, then you don't want to look for shorts since a breakout can be in play. At the same time, going long can be risky because the last upside target is met, if that makes sense.
To summarize: 3922 is a level where I look for short setups as long as we don't build value above it, then I'm "cautious with shorts."
Hey Smash if it’s to much to ask. Do you mind posting yellow target/intraday levels for NQ and RTY as well. I don’t expect the commentary like ES since it can be a bit much to do. I appreciate all the work you do.
Hey Smash,
Long time follower, always appreciate ur efforts, moved from twitter to substack once u started posting here...
So i think there is some discrepancy in summary & targets
You Say in summary
Be cautious buying 3,922 (long) & selling 3,809 (short) until acceptance above/below
BUT
In targets you say
> 3,922 - cautious with shorts
< 3,808 - cautious with longs
I think i understood the point that above/below last targets in the range, watch PA for acceptance/rejection but this 2 different viewpoints might confuse some....
Thanks!!
Hey Alpha2Omega007! Thank you, much appreciated!
I agree that it can be a bit unclear.
To simplify:
3922 is the top of the balance area, meaning an area where you book profits if you have a long position and it's not an optimal area to initiate new long positions, so be "cautious with longs". Generally it is an area to look for short setups, BUT if we break and hold above 3922, then you don't want to look for shorts since a breakout can be in play. At the same time, going long can be risky because the last upside target is met, if that makes sense.
To summarize: 3922 is a level where I look for short setups as long as we don't build value above it, then I'm "cautious with shorts."
The same in reverse for 3809.
Yes sir!!
I know what you mean but just for larger audience wanted it out there...
Am not sure tho, how many of our folks read comments :)
As always very nice to interact with you!!
Cheers!!
Hopefully they check the comments before asking questions ;)
Hey Smash if it’s to much to ask. Do you mind posting yellow target/intraday levels for NQ and RTY as well. I don’t expect the commentary like ES since it can be a bit much to do. I appreciate all the work you do.
Thank you for the feedback and suggestion, Efutures! It may be something I will add in the future.
Thank you for additional levels!