David

Former PM, Trading How The 99% Don't ** VIEWS ARE MY OWN **

[David @ProSTrades]

@tradingview 9 Years+, and going....
u/n: ProSTrades

[David @ProSTrades]

@tradingview 9 Years+, and going....
u/n: ProSTrades

[David @ProSTrades]

Will periodically repost this (back in early April) as avg. 30 year rates make headlines. We see it coming.

#mortgage #mortgagerates
#housingmarket #housingfinance
#RealEstate
#rates

[David @ProSTrades]

IMO, Average US 30-YR Mortgage rates...

9.25% coming to promissory notes near you...last time: Dec. '94

Rates could hold at 6.25%....at best some relief down towards 4.75 before increases are seen.

#mortgage #mortgagerates
#housingmarket #housingfinance
#RealEstate
#rates

[David @ProSTrades]

@patrickwieland @Topstep Officially going to a 1-Step, 1-Rule process; Either hit your profit or hit your loss.

[David @ProSTrades]

@patrickwieland @YouTube @Topstep @patrickwieland Was this a legit contest today for hitting 200k? Haven't heard anything from you yet for winning -- emailed and hit up your comments on your latest YouTube video. Thx.

[David @ProSTrades]

@patrickwieland @YouTube @Topstep Patrick, David G here from the LIVE stream. Check your email. Thanks man!

[David @ProSTrades]

Tired of me mentioning 13120...

...well, its proved it point as a healthy S/R area.

Remain above and we go to 13285

$NQ #NQ #ES $ES $NDX $QQQ #QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #Futurestrader

[David @ProSTrades]

Last week's NFP LOs are the line in the sand for tomorrow...13120

Stay above and we'll see 13265-85.

Stay below and we'll start working towards 12800 this week.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

Pesky 13120 causing doubts.

$NQ #NQ #ES $ES $NDX $QQQ #QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futures

[David @ProSTrades]

Today...

12970 to act as support/rejection for HI and LO momentum. Watch for false breaks. 12800 as we remain under.

13120 is still in play should we go higher again.

$NQ #NQ #ES $ES $NDX $QQQ #QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futures

[David @ProSTrades]

Today...

12970 to act as support/rejection for HI and LO momentum. Watch for false breaks. 12800 as we remain under.

13120 is still in play should we go higher again.

$NQ #NQ #ES $ES $NDX $QQQ #QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futures

[David @ProSTrades]

Showed as resistance. We'll see for how long. Until then, maybe some are enjoying the ride down.

12800

Manage properly.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

What a day.

13120. Keep it on your charts.

It's already proved it, and will either remain as a healthy support or resistance area when it finally cycles away..however that looks.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

@GRDecter This is too good.

[David @ProSTrades]

@check_trader See what I mean :)

[David @ProSTrades]

What a day.

13120. Keep it on your charts.

It's already proved it, and will either remain as a healthy support or resistance area when it finally cycles away..however that looks.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

@check_trader Yes it is, so far. We need to see 13120 prove itself. However, doesnt mean you cannot trade back to it when it aligns with your own trade strategy. Think of it as a potential target or proof to initiate a trade from....manage properly.

[David @ProSTrades]

@check_trader Either it is going to be a catalyst to trade towards or if price has already been there, will be moving away from it. Very similar to how 13120 works.

It may become the next line in the sand for to help gauge trends over or under -- short term / long term.

[David @ProSTrades]

Still remains true today....13120 is your line in the sand.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

Last week's NFP LOs are the line in the sand for tomorrow...13120

Stay above and we'll see 13265-85.

Stay below and we'll start working towards 12800 this week.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

Last week's NFP LOs are the line in the sand for tomorrow...13120

Stay above and we'll see 13265-85.

Stay below and we'll start working towards 12800 this week.

$NQ #NQ #ES $ES $NDX $QQQ $AAPL $TSLA $SPY $SPX $VIX #CNBC #Bloomberg #DayTrading #futurestrading

[David @ProSTrades]

Update 3 wks later:

Oil declines to $64 ($63 close) + Saudi oil cuts. Now up 25%, closer to $85.

It still amazes me how chart analysis may also predict news events.

After all, price needs something to blame as a catalyst - news, fat fingers...price cycles?

#Oil #CrudeOil

[David @ProSTrades]

IMO, seems logical that buyer sentiment kicks in at $63-$60 (not to exceed $59-58) for a swing upwards towards $85-100 a barrel.

#Oil #CrudeOil #SwingTrading #TradingView #CL $CL #USO #usoil #CNBC #WTI #Bloomberg

[David @ProSTrades]

IMO, Average US 30-YR Mortgage rates...

9.25% coming to promissory notes near you...last time: Dec. '94

Rates could hold at 6.25%....at best some relief down towards 4.75 before increases are seen.

#mortgage #mortgagerates
#housingmarket #housingfinance
#RealEstate
#rates

[David @ProSTrades]

@sukamuhdingding ISM numbers at 9 CT