New Level Format!
Example below: IF we are BELOW PD POC - see the downside levels above as resistance till we cross PD POC and all levels above are targets. (vice a versa for if we open way above POC)
-PD POC in the middle.
Thoughts on /ES🤔
Insane down day. If we breal 3938 we will see 3750s and 3600. I expect much lower but we have some nasty gaps on the SPY daily chart will be filled to the upside eventually. They could just take this back up after FOMC then dump it again so let's go over the levels to the downside as many are near making new lows for the year, yet /ES and SPY have another 400 points to drop...
“Remember, the market transfers money from the impatient to the patient!”
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🐦 BIRD’S EYE VIEW
Stocks We Will Be Reviewing
- FUTURES - /ES & /NQ
- ETFs - QQQ (tech) & IWM (small caps)
- VIX - Volatility Index
- STOCKS - AAPL / MSFT / AMD / NVDA / AMZN / GOOGL / TSLA