Back-to-back excellent monthly closes for the bulls.
Monthly bullish order block confirmed while also leaving some room to create a monthly imbalance in May.
If there is any weakness to start May, it likely won't be for long, as there are now multiple bullish support levels below on both the weekly and daily time frame.
It really is amazing what kind of information the close of a candle can give you.
$SPY $QQQ
Think about how many unnecessary stop outs have occurred from trying to pinpoint the absolute tops of a bullish price run.
Waiting for some sort of confirmation prior to fighting the trend is paramount.
What I use for confirmation is one imbalance to the downside, as long as it doesnโt move us into a higher time frame bullish imbalance.
"How do you approach trading at all-time highs?"
A question that I've received many times over the last few days...
In this thread, I'll discuss how I view markets when indices are at all-time highs ๐งต
You are not bullish enough.
March lows inside of the quarterly imbalance are enough for now.
Limited higher time frame resistance overhead.
All time highs coming in timeโฆ
$SPY
Tonight at 8:30PM EST we close the book on an epic Q1 2026 and prepare for our next challenge, Q2.
If we have time Iโll go through some chart requests. Drop them below ๐
$SPY