Traders: an exclusive look 👀 at the market internals. Notice how TRIN stayed below 1 all day and most attempts to break lower were thwarted.

https://tictoctrading.substack.com/p/magic-of-market-internals?r=uko95&utm_campaign=post&utm_medium=web&utm_source=

While TRIN is perched above 1 so far 15 minutes into session, I am watching 4689. This is where a lot of shorts are from yesterday. For any meaningful downside action, this level has to break on strong volume.

Now 4692. This has been a theme. Slow summer like churn in fall. But won’t last for long.

Not much resistance offered at 4689, sliced thru easily signifies the sellers are confident. 4689 now may be the support turned resistance. Now 4685.

Some softness developed at 4679 ahead of my 4680, leading to about ~ 8 pointer. This after my 4660 caught the downside. Intraday now 4680 is my LIS. I don’t wanna see bids above it for weakness to prevail.

Fairly balanced overnight session. Small range. Levels of some import are 4692, 4700 and 4670. Overall consolidation in uptrend. See below for detailed plan. Now 4694.


https://tictoctrading.substack.com/p/home-builders-some-crypto-and-a-fresh?r=uko95

Low vol, inconclusive open. Now 4686. Today is big FED speak day, starting in an hour or so. Expect real move to begin then. We are still within yesterday’s IB range.

Decent IB. Found bids at my 4692. Good for about ~ 10. Expectation is to try and take out 4710. Now 4695. But 4692 must not give up during IB period.

Folks: many guys have said my Telegram is dead 💀

Not true.

I am working to make it more relevant, more actionable and more alpha for followers. I need some time as it has to make sense, it has to add value.

More to come 👍

Folks, a bunch of traders got caught flat footed today . Despite my warning ⚠️ last night at 4696. I will do what I can to add some value in tonight’s newsletter 🗞 and provide some context to current action. Now 4740. See y’all there 👍

https://twitter.com/tictoctick/status/1462805153921175558?s=21

S&P500 now just broke 4723 multi day high.

At the very least I can’t be short above 4723. And this is the least. As it may become a natural support of sorts.

Now 4740.

Within the IB, we don’t business in yesterday’s value area. Lows and highs both traded. This is not party time yet for the bulls. As I said in my sub-stack yesterday, the bulls MUST create VA above 4690. Now 4680 .

Desperate bid to take out 4680.. big reward if successful (4696)…punishment if fall back 4658 🙀

As expected, once 80 broke, next logical target was 92.

58 was low of the day shared yesterday.

Not too happy though we did not go all the way to 96 which would have been super bullish.

I don’t want this to fall under 80 now as that will really suck and open doors back to 60. Now 86.

👍👍

4696 target 🎯 achieved.

Weekly plan and levels + market profile education content i am now exclusively posting on substack (the best platform for long format posts). Make sure you subscribe if you have not already and let me get over the 10000 subscribers 👍 have a great weekend ..

Folks: if you just woke up, I gave 4625 in the AM which by now has been super resistance, giving 5+ ten pointers. See below link for what else I am gonna be watching this Black Friday.

4644. By now most should be smiling ☺️

Now 4610.

If 4597 gives up, lights from bull may be snuffed. 4550 below it.

Quite heavy volume coming in at the lows here 4612-4615. If this holds thru close, or we close above 4612, this may be it. We may gap up Sunday. Now 4613.