The Pulse Of The Market (smtraderCA)
The Pulse Of The Market (smtraderCA)
Market and stock analysis based on MGI, market generated information. I have been trading for more than 3 decades and have experienced multiple bull & bear markets. I created this channel to share my experience and my learning from the market to help you avoid some of the pitfalls & mistakes I have made. In this channel, you will not get fluffy predictions or end of the world forecast on the market, or those pie in the sky predictions on stock prices from me. If you are interested in an unbiased, objective view on the market and stocks, and want to learn how not to make those avoidable mistakes most inexperience traders make, then subscribe to this channel. Follow me on twitter @smtraderCA and subscribe to my newsletter on smtraderca.substack.com for additional contents, and visit my blog at www.lastchipstanding.com for archived contents.
Disclaimer: the contents in this site are purely for entertainment and educational purposes only, they are not investment advice.
Пікірлер
It might do it in one week😂
Looks like it could. Watch the possibility of retesting the 50-61.8% zone then go back down. Just my guess for now.
Hello Do you run a discord community 🎉🎉🎉
No I do not. I’m on X and substack. Nothing else.
Thanks. Its an election year and I dont know what to believe right now. Could be manipulation either way
I believe the market is adjusting for the recession. That’s why we see rotation out of the tech/high growth stock right now.
Do they tell you we are crashing before we crash?
pull back, go watch previous week video for the first part of the story :)
Everyone is so bearish i think even if we go down later in the month we might have 2-3 weeks of green
We could see one this coming week.
@@smtraderCA I think it will crash eventually but tomorrow or this week is questionable
Yes, <5000
They tell us market doesn't go in a straight line. Well it did today! ES 156 handles straight down!!
You heard of market goes up on an escalator, and it comes down on an elevator? 😀
Thanks for the video. Appreciate your time and effort to help bring some insight to the current market.
Glad it was helpful!
Great script, it’s possible to custom column yesterday % change, previos yesterday change and until precious day 4th (separate each day % change) thanks.
The what retracement?? 😂 dude if you can't speak English make the video on your native tongue Holy chit bro
How many languages you speak dbag?
Fibonacci retracement.
says someone who says 'on' your native tongue LOL I dont receive comment notifications btw
Dont be a douche.
Southbound 🎉
It's all gunna crash like a mofo now 👍
Black Monday 😮
Thank you valuable information
You are welcome
Does %YTD script represent the change in price between today and Jan 1st of this year OR between today and 365 days previous? If the former, is there a script available to generate %YTD change over prior 365 days. Thanks
thank you for all you do and for the dependability on your content. I hope you are feeling well and wish you good health and a continued success in your channel and substacks, i thoroughly enjoy
Spy has a 78 rsi and if it pumps to 580, then it'll eat the bearish divergence, which means we'll keep climbing to 620 or more.
Same like 2000 and 2007 all all time high very danger now , up up up , and go quiqly down 😂😂😂
Yes, something will break and cause a reset. For the time being, whatever is about to break still not apparent yet. But we all know the FED reduce rate not because things are good, but there is a crisis or something is broken. So I tell those that are wishing for a rate cut to be careful on what you are wishing for.
How do you feel about bitcoin?
I do not trade cypto, but time to time I do trade the cypto miners based on their price action, not based on bitcoin or eth. So I do not have an opinion on bitcoin.
Thanks for sharing! I did install them several months ago, but I uninstalled and reinstalled TOS without saving my workspace. Now I need to import these indictors again. They are very helpful. However, the links do not work. Could you please check?
Be sure you are typing in the link correctly. Best way to do it is a simple copy and paste into TOS share item. Watch the video for instructions on how to import the script into your tos platform. YTD%: tos.mx/0mMtqSv MTD%: tos.mx/RzDuWTY WTD%: tos.mx/SveBE9d percentage for chart: tos.mx/LPcPT6k The link starts with
NDX 100K 💰🤑
Which lifetime 😀
It’s just crazy price action Anyone who thinks it will just go up and up drives me crazy It’s like they can’t see how parabolic this market has been for a year Barely any pullbacks Just up only That tells you something is broken here and when sell off comes it will be just as baf
And it’s just being driven by a handful of mega tech stocks.
QQQ 346 looooool
didn't watch the video. But how high?.... SPX 6969.
Didn’t read your question, so no answer 😉
SPY 600 is definitely a possibility with this upward trend. We are definitely being cautious and are ok with missing out on some gains. Trying to actively trade in our portfolio. Good luck 👍🏽
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may i know what is the red and green cloud indicator
The red and green is the 8/21 ema cloud.
❤❤❤
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qqq hit a high of 496. How much more place left to hit upper boundry line which you have drawn? please share your views
Go watch this week’s video.
Sold half of my positions at the end of the trading day Friday July 5th. Too frothy and cashing in
Indeed, getting too frothy. I would rather be on the outside looking in than getting trapped on the inside looking out at the current state of the market.
@@smtraderCA the last three days seemed like a short squeeze on low volume and perhaps a blow off top. I’ll rebuy my positions later in the year after the elections
good video. Short to the point.
Glad you liked it.
Looking for a good area to jump in..... I'm patient...... dollar cost average or sit on the side line for the Mother of Pull Backs ?
mother of all pullback might not come until after the FED admit they have f'up and the recession has them scrambling to cut rate to begin another boom bust cycle.
Thanks!!!
Welcome!
This is what I have been watching too
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@@smtraderCA It is already outside of the two hundred week and month 2 standard deviation trend channel.
what do you think on friday is it up or down for nasdaq100 ??
if you are interested in my trade plan for the s&p/emini futures, then go check out the daily trade plan I publish on substack, the link is smtraderca.substack.com/archive
There will be no pull back . 7000 we go on snp
I get the optimism, but isn’t this a bit euphoric 😀
@smtraderCA this time is different. AI is powerful and perfectly priced, we aren't pulling back till elections
no, your behavior and my behavior have not changed since yesterday. This time is no different. I believe we will get a pull back before the election. Black swan is Biden finally announce his withdraw from running for re-election.
@smtraderCA we can only hope , but limited chances of a pull back. Highly likely we rally to 7000 or even 8000
CONGRATS once again to all those who play the ZERO risk free money just buy SPX system$$ I love 100% up room to go with ZERO risk free money baby $$$Kachingo$$$ markets CRUSHING shorts one youtube permabear at a time $$$
yep... MELT UP HUGE on SPY/QQQ is coming baby .. I love 100% up room to go with ZERO risk free money being long SPY and QQQ $$$
zero risk ... sure sure
yep, it'll break through that upper trend line and should hit 600 by eoy.
That will be epic to watch 😀
this year may be the year there is no significant pullback
Maybe 😀
When everyone thinks the market can’t crash is when it will crash snd catch everyone bullish by surprise. I think that time is very near or even here already
@@wheretheresawheeltheresawa2379 oh honey, bless your heart. And your account
Agree.
be patient.... breakout to the moon will come
💪😎🎸 KILLA 🎸👻
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Nice analysis. I crave for the volatility we had in 2022.
Thanks.
Thank you Sir.
I want noodles on the side
Looking forward to this week! Thanks for your detailed outlook.
Thanks for the informative video. BTW, at least how far back you need to anchor your trade instrument? At least 6 months?
That’s depends on the pivot price level you are interested in, and the time period for your candlesticks.
Thanks a lot. I have used it for quite a bit of time, but I never used the boxes you added. Will implement them into my set up too thanks
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Thank you!
This market is a complete charade. I cant believe it continues. Were in the 9th inning. Its over. Run for the hills.
I’m totally with on that 😀
Can you do a video about the historic over-valuation of semiconductor stocks?
Henry?