Steve Norman

#DOW H1: hitting supply cont' & nearly M15 TZ1: a good PRZ. Looking at the reaction to the NFP data, I'm thinking M15 TZ2 @ ADR T and prev' support/ SR piv'. See how price deals with the M15 first.

#NASDAQ H1: supply not too far above but if the bulls can flip that: M15 TZ1 calling and that aligns perfectly with the Me Gap projection
#PriceAction #Fibonacci

#NASDAQ D1 is attempting a TLB after a pretty good reversal from the old WOWC gap, and on the back of Nvidia earnings. This is interesting ... let's see how the day closes

Any bets on whether we'll see the Unemployment Claims today? (marked as tentative on ForexFactory). I suspect not, with reports of even more massive job cuts.

OTonomics!!! How one man can turn a strong economy into shit in just 10 months ... Make America what again?

#DOW H4: 78.6 & WOWC gap support (nearly), so like DAX we have the option of a much needed correction up. SDF / SR piv zone in the way though and I'm still open to the MM down - will wait for #NFP 🙂 #FOMC mins bought #VIX down to help the bulls a bit.

#DAX H1: possible inv-H&S with projection to the 62%, looks quite good, with the confluence. We have the smashed D that could offer an SDF, between 38 & 50%. FE100 current resistance, so it's possible that's the upside done

#DAX D1: FE100 and range support held, to give us a corrective bounce: will it be more than a correction? Perhaps today's NFP will tell, but let's see if the lower channel holds. There is strong Be momentum and an FVG to support more down.
#PriceAction #DayTrading #Fibonacci

#DOW H4: FOMC Mins today & NFP 2moz- breather today? H1 TZ2 is easy magnet 1, then 88.6% @ prior support. VIX still on the rise but, as for DAX, we do need a correction. Let's see if price does the H1 2 and how it reacts there with the 10/13 WOWC gap
#PriceAction #DayTrading #ElliottWave

#DAX H1: yday's target done on the nose. TZ2 (almost 23k) a little below would be a fine magnet for today. With the Sept demand being flipped, it does look good for the bears, if not for investors, but that TZ2 could be the springboard for the correction per D1 review, otherwise M15 TZ1 @ ADR B

#DAX D1: decision time! 4 strong Be days with enough momentum to smash right through the support, but stranger things have happened. We need a correction and this would be the place to do it from, especially with the FE100 & KS Gap confluence
#PriceAction #TechnicalAnalysis

#NASDAQ H1: support broken - just - with TZ1 being tagged: a PRZ. Mindful of Nvidia's earning tomorrow, looking for a bounce for a correction or SDF down to the levels shown

#NASDAQ D1: Mid Oct WOWC gap support + 78.6%R + FE62 for a PRZ but if Friday's low is smashed, we have FE100 in a terrific spot. We might need to wait for the #Nvidia earnings report tomorrow

#DOW H1: beyond ADR for today but this seems like a logical next magnet and no sign that the bomb has landed, yet ...
#PriceAction #ElliottWaves

Some sessions are just designed not to be traded ...
#DAX #TechnicalAnalysis #PriceAction #ElliottWave #DayTrading

#DOW H4: TETLEYS for yday's lower target. We could have an MM setting up: NFP on Thursday could help that. Current support is a strong PRZ but with the smash of demand (waiting for the close), the H1 TZ2 looks like a good magnet today. #VIX is flashing a strong fear signal: risk-off, obviously 🙂

#DAX H1: TETLEYs and then some., Mid-Sept demand smashed, so we look to the next downside magnet: TZ2 / FE100 @ ADR B, allowing for the inevitable correction. 5 waves down for an A wave perhaps ...
#ElliottWaves #PriceAction #TechnicalAnalysis

#DAX D1: 3 x bombs and another in progress, to make the PA since early June look more like an 'ending'. TLB D support, at least for now, so the next day or two will decide what's next: if demand smashed, we look to the Fib Rs; if it holds ... well we'll think about that IF it happens
#DayTrading

#NASDAQ H1: strong reversal from the 62 with FVG current support. 3 x TZs as possible downside magnets, if the FVG can be smashed - with the Be MF across the indices today, that seems like the best option; if not, well you know ...

#NASDAQ. Weekly shows last week as more indecision than anything, with the bears just wining the week. On the daily, with that WOWC gap flip down, I rather like the look of FE100 but that was a strong DR on Friday.

#DOW H1: a little tricky as it does (what is currently) an ABC back into M15 corrective demand, then we have the main demand just below there. On H1 we have the SR piv/reflex, so let's see if that gets smashed (looks likely) - if so, ADR B; if not a possible C up to M15 2

#Crypto D1: #BTC finding some support on FE100; #Ripple on demand after a lot of CIM; #SOLANO also at demand; #ETH would be nice to see 62% for a reflex on the ABC; #Binance: FE100 just a short way below but 62% TLB holding for now; #DODGE also at demand. MF down but all at PRZs.

#DOW H4: 78.6% held, for now. I like the MM down idea (they're particularly good when strong moves are reversed), but we also have a possible reflex setting up, which also looks very good. Neutral at time of blah, let's see how today goes.
#PriceAction #ElliottWave #TradeSetup #TechnicalAnalysis

#DOW Weekly: strong UR from the ATH, what a week! One bar doesn't signal a change of direction but it could be the start of a bigger correction. For now, MF remains in favour of the bulls while grey box (flipped Be Mo Bar) is support. We could get an ABC back to the 4: a >10k pt dip, if it should

#DAX H1: the H&S idea worked well although there is still some way to the projection. It looks like we might have an ABC up, so I'll be keen to see if the M15 TZ1 / FE62 or just the 38% gets tagged this morning: it's a strong PRZ that could give us the MM.
#ElliotWaves #DayTrading #PriceAction

#DAX D1: 'just an idea' remains as one option and still looks ok, despite the end of week bomb. The big question remains, for PA since early June: ending or leading or just a flat 4? Two of those support more up.

#DAX Weekly: still stuck in that darn range. UR ghost bar with a close remaining above the TLB for the 7th week, in the range for ½ the year, and the TCSWTGB accumulates more energy for the break. It's quite some area of balance that we have here, one that will serve us well in the way-off future.

#DOW H4: that's a huge UR combo, Strong SR Piv support: if holds, we look to ATH Supply - or at least a correction of the down - if flipped down we look for a possible MM, or just a deeper correction of the last up-wave. PA favours the bears but will they have the strength ... Crazy PA!

#DAX H1: correction: all the way to D & a little below. SDF zone smashed but there is an argument for a sharp ABC; there's also a possible H&S in the making here so let's watch the neckline (SR Piv): for a break & MM back to the main demand. Alt, is a correction of the down but Be MF is strong.

#DAX D1: no comment! Refer weekly ...

#NASDAQ: D1 is still playing inside 24 27 WOWC gap.H1 looks heavy, after the failed attempt to smash the strong resistance, so thinking M15 TZ2 as for DOW, perhaps lower to close the WOWC gap @ ADR B + 50%