Last week's candle reached into a bearish imbalance, right at the 70% retracement of the current swing range and rejected. Bulls will need a close above that level for another upside push towards the swing high at 4638.
NQ ran into the weekly bearish order block at 15556, rejected and close below. I am expecting a pullback into the discount bullish imbalance, preferably in the 62-79% range.
DXY with a strong close to the week, closing above the bearish imbalance dating back to February for the first time after multiple attempts. Liquidity at 104.69 and 105.88. If DXY can reach there, that should be enough to pull back the indices.
Still no daily close over the bearish imbalance from early August. IF this is the high, I'd like to see price head for a lower imbalance, preferably in the golden pocket 62-79% range.
Like ES, I am looking for the same type of move, preferably 15000 before an end of year run on the highs. Taking out 14609 would put an end to my bullish end of year thought.
Nothing too convincing on the SPY SPY 30m just yet. Price has been range bound over the last few days. Will wait on an imbalance to form and proceed from there.
AAPL - Stronger than most, used previous resistance as support and continued to run higher to close out last week. 2 levels of interest at 189.92 and 188.28.
TSLA - On a larger view, the aggressive sell off turned out to bring price right to the 79% level, where price bounced to end the day. 3 levels of resistance overhead.
GOOGL - Bearish market structure shift on Friday and chop to close the week. One large bearish imbalance in the golden pocket starting just above 136.
AMZN - Bearish market structure shift Friday, before retracing into premium and rejecting. If bearish, I'd expect 134 to get hit this week.
MRNA - 79% retracement and hold to finish the week. Highs at 119 still have yet to have been swept.
NVDA - Bearish market structure shift on a smaller time window Friday, creating a large bearish imbalance from 490.94 to 497. I'd want a retracement to that level and rejection lower, down towards 470.
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