2025-03-18
Market Dashboard
Chart Analysis / Live Chart
Working Thesis
NQ1!
3/18/25 $NQ We took out the Monday candle which was an up day that was the second of the past 2 rebound days. This leads me to believe that we are still bearish on the indices. I'll be looking for the price to stay below Monday's candle and the move sets up around the NWOG range 19670(L), 19691(M), 19712((H), and we also overlap a D-FVG with 19687.50(L) and 19726.75(M). We also have the D+FVG(H) 19623 level that could also act as rejection. If I'm able to get into a trade these are the levels I need to watch for. We turn bullish only if we somehow take out a PDH. We took a LTF BSL pool within a LTF -FVG already and this may leave a LTF+FVG which if we are bearish, we will need to look for this to get inverted and we can look for a LTF-IFVG setup above the LP.
YM1!
3/18/25 $YM This chart is different from the other indices where we need to get our bias from the weekly, daily, and the 4H charts. The weekly is trading into a PW candle and the candle is a strong bearish candle that would require a lot to get above and will have several -PDAs. There is a NDOG from last Monday and Tuesday, not drawn, since the 4H-FVG (range 41991(H), 41920(M), 41849(L)) looks a lot cleaner. I want to see price hold below this area but this may range given that we didn't take a high or a low so this one is a little unclear. We also rejected the NWOG so this one is a little more 50/50 setup. So if we stay bearish, I'll wait to see us react to the LTF-FVG which similar to the other, we took LTF BSL out and reacting to the levels as we speak. Then the next area to consider is the NWOG and if it is inverted we can use the levels (41510(H), 41483(M), 41456(L)). We only trade bullish if we take out a PDH. I also don't see that we take out the YL immediately as well.
DXY
3/18/25 $DXY We took out the PDL and we are trading into a M+FVG(H) 103.373 at the moment. It looks as though we go lower into the FVG and reach the FVG(T3) level 103.029 or even down to the the FVG(M) 102.645. We took liquidity from the election day low 103.373
ES1!
3/18/25 $ES We took out the Monday candle which was an up day that was the second of the past 2 rebound days. This leads me to believe that we are still bearish on the indices. I'll be looking for the price to stay below Monday's candle and the move sets up around the NWOG range 5627(L), 5633.50(M), 5640((H), and we also overlap a D+FVG with 5632.50(T3) where these levels could be used as bearish levels. We also have the D-FVG above current price 5651.50(L) level that will act as my main area of rejection and I would prefer that we don't reach the midpoint 5662.25(M). We are currently sitting in the NWOG at the moment so I'll be watching the area as an area to see if we get heavy from here. We turn bullish only if we somehow take out a PDH. We took a LTF BSL pool within a LTF -FVG already and this may leave a LTF+FVG which if we are bearish, we will need to look for this to get inverted and we can look for a LTF-IFVG setup above the LP.
Gold (XAUUSD)
3/18/25 $GC The move is up as we follow the inverse correlation to the down side of DXY and move against it. Since these are new all time highs this 3050 level looks prime as a main target but if we get this move we could see an even higher run of price. There was a NDOG left behind but I don't want to see price come near it and I'd rather see that we form the high of a a new D+FVG where we dive into a LTF+POI and move up from there. There are a lot of areas of imbalance but if I had to pick an area of interest it would be one of the 1H+OBs at 3035.5 or 3023.5 and as long as we held above either of them I'd look to see us move higher.
Bias by Ticker
DXY 3/18/25 $DXY We took out the PDL and we are trading into a M+FVG(H) 103.373 at the moment. It looks as though we go lower into the FVG and reach the FVG(T3) level 103.029 or even down to the the FVG(M) 102.645. We…
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