Indecision, Indecision... Get Prepared For Another Busy Week With Markets With Mando!

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As always, we start Sunday nights on the Weekly. Weekly gap open holds, despite another long reach lower. Price has entered the weekly bearish imbalance, and approaching the 50% of that level at 15221. Upon reaching that 15221, I will shift neutral. Bull case is a move above the bearish imbalance, while the bearish case would be a discount retracement and dump for new lows.

Unlike NQ, ES took out previous week's low, while body held the bullish volume imbalance in discount of the range. There has been a gap down, so that level will be one of interest for me into the upcoming week.

is that.... a red candle... The streak is over, as DXY finally paints a red candle. Look where it happened... right off 50% and a bearish imbalance ! Interesting... Dollar pullback can lead to some more juice for the indices.

Bullish market structure shift on Friday, with multiple bullish imbalances in discount. With this gap down, I want to see a retracement into discount, trap bears and run towards the weekly target.

See SPDR S&P 500 SPY. Almost a mirror image. In the additional setups below, check out that weekly Apple Inc. AAPL chart. Perfect hold of the bullish imbalance at 50% of the range. Bear case, below the 175 bullish imbalance and things can get ugly.

One of the few large cap names that did not take out the swing high on Friday. If we get the pullback I am expecting, Tesla, Inc. TSLA could sweep that low and get into that bullish imbalance around 250.

NVIDIA Corporation NVDA with another run, taking swing high before rejecting a bearish imbalance. Multiple bullish imbalances down in discount...

Perfect playout of my model. Bullish market structure shift, retracement into discount imbalance, and rip! 2 Standard Deviation move completed Friday... Do we see 4 SD at 109.95?

Bouncy indeed :)

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This newsletter is a collection of my thoughts and is intended for educational purposes only. Nothing posted above is ever to be construed as financial advice.