Tradesight Plus Report for 6-15-21

Opening comments for the session posted to YouTube. It was a weird session Monday with a split market and then a very late rally. Hopefully, Tuesday is clearer and more unified.

Longs first, in the order of best chart construction, starting with EA > 150.50:

GPRO > 13.79:

POWW > 7.88:

Shorts, just one, GNTX < 32.00:


Tradesight Recap Report for 6/14/21

Overview

The markets opened mostly flat and split, with the ES drifting down and the NASDAQ drifting up until the last hour when everything suddenly ran up on 4.3 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and stopped over the midpoint:

NQ Opening Range Play triggered short at A and long at B, both too far out of range to take:

Results: -13 ticks

Forex:

GBPUSD triggered short at A and stopped:

Results: -25 pips

Stocks:

From the report, ATVI triggered long (without market support based on the trigger posted in the Plus report) and worked a little:

NTNX triggered long (without market support due to opening 5 minutes) and worked:

From the Twitter Plus feed, Rich's AMZN triggered long (with market support) and worked:

PYPL triggered long (without market support) and worked:

That’s 1 trigger with market support, and it worked, plus three others.


Tradesight Plus Report for 6-14-21

Opening comments posted to YouTube (or will be soon). I didn't find much new stuff after this last week, but we will certainly call it from the tape this week. Quarterly futures contract roll is behind us, but triple expiration is this week, so we shall see. Summer is here as well.

Longs only, in order of best chart construction, starting with ATVI > 98.92:

NTNX > 35.58:

GPRO > 13.79:

POWW > 7.88:


Tradesight Recap Report for 6/11/21

Overview

Pretty much as we expected for quarterly contract roll. The markets gapped up small, filled, and sat there all day until the last ten minutes on 4.1 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

First red day of the week on the Opening Range Plays.

ES Opening Range Play triggered long at A and stopped, triggered short at B and worked:

NQ Opening Range Play, too big of a range to take:

Results: -7 ticks

Forex:

GBPUSD triggered long at A and stopped, triggered short at B, hit first target at C, closed second half at D for end of week:

Results: +10 pips

Stocks:

From the report, nothing triggered.

From the Twitter Plus feed, ADBE triggered long (with market support) and worked:

That’s 1 trigger with market support, and it worked.


Tradesight Recap Report for 6/10/21

Overview

The markets gapped up and pushed sharply higher out of the gate, then pulled back, broke the lows, and dropped to fill the gap, then bounced back to the middle of the range for the rest of the day on 4.8 billion NASDAQ shares.

ES with Levels (Value Area Play worked perfectly from A to B):

ES with Market Directional:

Futures:

ES Opening Range Play triggered long at A and worked great:

NQ Opening Range Play triggered long at A but too far out of range to take:

Results: +21.5 ticks

Forex:

GBPUSD triggered short at A and stopped:

Results: -25 pips

Stocks:

From the report, no triggers.

From the Twitter Plus feed, Rich's AMZN triggered long (without market support due to opening 5 minutes, but he also told everyone to just take it over the opening 5 minute candle if they waited, so with market support) and worked huge:

His BIIB triggered long (with market support) and worked:

His FEYE triggered long (with market support) and worked:

That’s 3 triggers with market support, all of them worked.


Tradesight Plus Report for 6-10-21

Not too much different than yesterday after the dull action, but we have three calls here and we will call the rest from the tape as we head into the two days of quarterly futures contract roll.

Longs first, starting with NTNX > 35.58:

GPRO > 13.79:

POWW > 7.88:


Tradesight Recap Report for 6/9/21

Overview

The markets gapped up small, spent most of the day drifting down into the gap, range was very narrow, and we sold off a bit more late in the session on 5.6 billion NASDAQ shares. Really boring.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and worked:

NQ Opening Range Play triggered long at A and short at B, both out of range:

Results: +6.5 ticks

Forex:

GBPUSD:

Results: +15 pips (includes the trade from the prior session that closed out today)

Stocks:

Not a very interesting day.

From the Plus report, HCAT triggered long (with market support) and worked enough for a partial:

From the Twitter feed, lots of calls, but the only trigger was GS triggered short (with market support) and didn't work:

That’s 2 triggers with market support, 1 of them worked and 1 didn’t.


Tradesight Plus Report for 6-9-21

Opening comments posted to YouTube. Hopefully something happens Wednesday because the rest of the week will be tied up in futures contract roll junk.

Longs only, starting with GPRO > 13.79:

NTNX > 35.58:

HCAT > 59.10:


Tradesight Recap Report for 6/8/21

Overview

The markets gapped up, filled, sold off sharply for a bit, and then came back up to close around even on 5.9 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and worked:

NQ Opening Range Play triggered long at A and short at B and both were too far out of range to take:

Results: +19.5 ticks

Forex:

GBPUSD triggered short at A, hit first target at B, still holding second half with a stop over C:

Results: still pending as the trade is still open

Stocks:

Not much action.

From the Plus report, nothing triggered.

From the Twitter feed, BIDU triggered short (with market support) and worked:

That’s 1 triggers with market support, and it worked.

 


Tradesight Recap Report for 6/7/21

Overview

A flat opening and a flat day on 4.6 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and worked:

NQ Opening Range Play long trigger was out of range:

Results: +9  ticks

Forex:

GBPUSD, triggered long at A, hit first target at B, closed second half at end of chart for end of week:

Results: +10 pips

Stocks:

From the report, ARWR triggered long (with market support) and worked:

From the Twitter feed, Rich's HD triggered short (with market support) and worked:

That’s 2 triggers with market support, both of them worked.