This Monday, Although There is Red Folder News, It is Low probability and it is Better Not to Trade it.NQ is Falling and YM is Rising for itself and ES is Also Making Almost No Special Moves and is Consolidation Them Out And The Market has Come Out of Correlation.
Be Careful...
Trump has been one of the worst things for the market. He is unstable and every moment he makes a news about him, he usually makes a statement about himself between 10:00 and 10:30 and makes the market crash.
Be more careful during this time.
The previous post had a mistake and I mistakenly used the word stronger instead of weaker, so that post was deleted and a new post was posted that has been corrected.
Thanks to our good friend for pointing this out🙏:
@zyrexxis
This can be extended to include more TO's and a larger number of these TO's can be used in a stacked manner and aligned, as you can see in the image below.
Chart Example:
As you can see, when the true open starts at the beginning of Q2, in the next quarter this cycle creates a lower cycle with the true open opening and going above both true opens, forming a stacked true open and smt at the ceiling of the sell position.
and when below this stacked true opens a turtle soup, we actually have
a SMT in at a deep discount, which has a higher probability of success than the usual case of just being above One TO.