Daily Bit | 27 June 2022
Straight rip as we broke 3800 resistance and ran all the way up to 3919! The open was the most volatile then followed by chopping around for hours and hours. Right before close had a nice push but closed to 3913. Does it rally continue?
Straight rip as we broke 3800 resistance and ran all the way up to 3919! The open was the most volatile then followed by chopping around for hours and hours. Right before close had a nice push but closed to 3913.
From here we could push through 3935 possibly see 4,000. However, we have quite a few levels to test and gaps to fill, and once these gaps fill I think we will see our next leg down.
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/ES
Game Plan:
OPEN Above POC - Need to POC level. Next would be 3943 > 3965 > 4007.
OPEN Below POC - Below 3871 we could test 3855 then 3830. If that fails 3807 then 3787 is next. Not much support till 3703.
POC: 3886 | VH: 3919 | VL: 3872
/NQ
Game Plan:
OPEN Above POC - In a weird zone from 2 massive down days. The first level is 12227 then 12295 POC zone over that 12407.
OPEN Below POC - Below 12023 we have no real support till 11847 zone next below that 11652 POC.
POC: 12023 | VH: 12086 | VL: 11863
VIX
Game Plan:
Below 26 we can head down to 24.69
Back over 28s, we could see it make its way back over 30 up to 32s.
AAPL
Game Plan:
OPEN Above POC - Needs over 142.03 for a test of 143.59. We could also test 146.41.
OPEN Below POC - Below 139 we can fill the gap and test 137.34 POC. Below that 135.93 test of a POC, we are holding lightly. If all fails 134.1 then drop to fill the gap and test 131.77 POC.
GAPS: 142.59
POC: 140 | VH: 140 | VL: 139
AMD
Game Plan:
OPEN Above POC - Needs over 82.87 for us to retest 84.27, Â next we can re-test 85.92 POC.
OPEN Below POC - 86 - Below 86 we could test 85.2 then 83.41. If all fails 81.03 POC could be next.
GAPS: 116.38 > 118.59 (up)
POC: 86 | VH: 86 | VL: 85
AMZN
Game Plan:
OPEN Above POC - Needs to hold over 116.6 POC that we are testing currently. Over that we can see 119.73.
OPEN Below POC - Â Below 113.96 we test 113.44 then 111.92. We have a POC at 110.56.
POC: 114 | VH: 115 | VL: 113
TSLA
Game Plan:
OPEN Above POC - 732 - Over 738.11 we can push to 747 zones, next 764 and 782 POC. If we get through that we could see 800s where we will find sellers.
OPEN Below POC - 732 - Below 726 we slide down to 715 then 707. If we break 707 we can test 680 POC.
POC: 732 | VH: 735 | VL: 726
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