Levels are all for June. Not March. Emini is now 4220, not 4230. Old Supply Demand levels remain unchanged as both contracts will have negligible difference at expiry.

Good Morning folks,

1. My weekly plan called for the profile shape to find harder to get selling going below 4140/4150. This is what we are seeing with ON LOW at 4130 tonight. This is a +.
2. Futures even when positive in night are getting sold off on rallies. A key level shared yesterday needs to be taken out for this thing to have legs. This is a -.
3. Now 4175. Retail sales in next few. I am watching $aapl.
4. Oil has a tremendous sell off after it developed the Pivotal Move.. now 94.

https://tictoctrading.substack.com/p/weekly-plan-313-22?r=uko95&s=w&utm_campaign=post&utm_medium=web

Correction: news is Producer Price not retail which is tomorrow.

Good Morning ☀️ Traders…

Sharp overnight rally off my 4263, to trade as high as 4315 in night. This is almost 175 off my 4150 shared over the weekend where I have been bullish overall on the market at the 41XX lows.

Overnight the Chinese party officials have appeared to soften to Chinese companies tech crackdown. This has also led to a very sharp pre market rally in BABA, KWEB etc. Hang Seng rallied 9%.

While a welcome relief , long term trends rarely reverse on a dime. So it won’t be a straight line from here.

As far as Emini is concerned, there was no plan last night but I sent out a chat thread 💬 to Substack folks with levels, structure and my primary bias in night. All eyes on FED now.

Today is last chance to get an excellent 3% discount off my Substack. It’s never been lower. Never will be.

Link below. Good luck 🍀

https://tictoctrading.substack.com/p/orderflow-101?r=uko95&s=w&utm_campaign=post&utm_medium=web

Many asked me why I thought FOMC was dovish yesterday.

There are two options :

1. Fight the inflation now. This is the right thing to do. This also means we will get recession and unemployment in near term .. this is short term bad for market longer term good.

2. Let the inflation run wild . This will not prevent the pain that’s coming but will delay it . This is short term good for markets and long term end goal.

With the leadership in country, many know what I think if it. The leadership is not effective , it weak. Weak leadership by nature will kick can down the road as they are not able to address the reality - this is the nature of weakness.

Powell is a dove. The moment his presser started I knew he had chosen to go with option 2. With 10% CPI about to get to 15-20% , you cannot fight it with 2% FED rate. It’s maths!

Therefore the market is now up almost 150 handles from when he started speaking .

If this makes sense, share it with like minded traders, like your self 👍

Good morning traders, not much overnight action except $eurusd. Check ur emails.

https://tictoctrading.substack.com/

Vol compression on smaller time frame BB. Expecting a large move out of this compression . Now 4390. Low right after my post was 68, barely missing the support at 64 by few handle.

Jerome does a 180 degree .. takes some fluff out of emini .. once 4440 broke, it was a bee 🐝 line to 4425

https://twitter.com/tictoctick/status/1505954075224944640?s=21

Emini under some pressure today . Check out the latest plan. Feel free to share 👍

https://tictoctrading.substack.com/p/daily-plan-322-22?r=uko95&s=w&utm_campaign=post&utm_medium=web&utm_source=direct

Overnight session capped by my levels . My LIS is 4450 per trade plan shared above. Slight risk on sentiment in night due to China and new Tesla factory. Banks are a little hawkish fueling commodity currencies. I expect a test and then decide next steps from LIS 👍

Overnight my 4450 held, spurred an almost 30 point bounced.

I expect rallies if any 4487-4490 may be sold for a retest of lows and possibly even test the LIS # 2 shared last night below 4450. Now 4471.

A chance to win free substack .. see below

https://twitter.com/tictoctick/status/1507012282995290128?s=21

New weekly plan expecting a st raid into my lower LIS levels..

https://tictoctrading.substack.com/p/weekly-plan-327-22

There is absorption on offer side at 4620. For any business to be done above it, that needs to be neutralized today imho especially in IB.

We need to break this 4500 round number level by 1 PM or so. Now 1207 PM and 4510. I am also watching this NQ I don’t want it go back above 14800-14833. Now 14750. This is where downside auction had failed 😨 earlier in week and I don’t wanna see a repeat of that. Therefore this lunch hour is key 🔑

Tremendous carnage of oil shorts over night .. large over night move

FOMC day cometh…

https://twitter.com/tictoctick/status/1511414682858364932?s=21&t=Ewpxnm6QdFKQtpZq8P-PEQ