20241017 pre market



News
We had job data
Taiwan semiconductor with good results

Condition 1
Trying to break out of 3 day balance

Condition 0
open with large gap up

Thoughts
Market is bullish but inventory is already long
Try to participate without sitting on the flagpole

20241018 pre market



News
09:30 feds bostic
10:00 feds kashkari
12:10 feds waller
12:30 feds bostic

Condition 1
4 day balance area

Condition 0
we open in middle of y range
trade later

Thoughts
Yesterdays early liquidation from all time highs had all opportunity to go further but it did not
This is a sign that there is not much selling interest in the market

20241021 pre market



News
1300 feds kashkari

Condition 1
Balance area
Friday inside day

Condition 0
we open inside the inside day

Thoughts
balance rules apply in relation to the inside day and to the balance area
Expect chop inside the inside day
Next week is big earnings week

20241022 pre marekt



News
10:00 feds harker

Condition 1
balance area

Condition 0
open near y low

Thoughts
yesterdays liquidation did not find any follow through. It was not able to produce a belly
Trade from the standpoint that the market is in balance until proven otherwise

20241023 pre market



News
09:45 BOC decision
10:00 numbers
10:30 crude inventories
13:00 bond auction
14:00 beige book

Condition 1
Balance !

Condition 0
open near the low of y

Thoughts
Yesterday the eth also brought us lower. Will the rth go up again (like yesterday) ?
Or will we challenge the low of the balance area (which would be normal market behaviour)?
Remains to be seen. Wait for clear signs, do not act on ticks

Added: yesterday low is weak

20241024 pre market



News
9.45 numbers
10:00 numbers
tsla up 14%

Condition 1
Yesterday broke out of 7 day balance but is now back in

Condition 0
we open 0,5% higher near y high
oni is long

Thoughts
balance rules apply
if we accept in range the break out has failed which is bullish

earnings next week

20241025 pre market



News
10:00 numbers

Condition 1
look below and fail

Condition 0
open with gap up
oni is long

Thoughts
if we do not sell off fast this sitiuation (wyckof spring) is very bullish
try to participate without siittitng too much on the flagpole

20241028 pre market



News
-

Condition 1
Balance area

Condition 0
open in the middle

Thoughts
the market is in balance and is tightening
we have big tech earnings this week
DO NOT ANTIZPATE BREAKOUTS, wait for them to happen

20241029 pre market



News
10:00 numbers
googl amc

Condition 1
tightening balance area
yesterday inside day

Condition 0
gap down out of inside day but still within outside day

Thoughts
This is despie the gap nothing but pure balance
Expect chop
one time (perhaps with tech earnings perhaps with something else) the market will break out in any direction
Until then: Save your emotional and financial energy and show up when its time for it