Daily Plan 11/11/22
Important message
Folks-
An amazing day for OrderFlow. I have been calling for this type of a day for many weeks now and the CPI showed the trend of increase has blunted and the markets rallied off this news. Very sharp rally that at time of this post almost traded 3950.
At start of the day, when we gapped up I issued my Telegram post how 3860 will remain my intraday LIS and I was correct as we proceeded from there to rally another 70 points.
One very important admin information - I raised the Substack price again by 20 dollars. However, a lot of folks thought they did not get enough of a heads up. This is fair - and as a result I have rolled back the pricing increase for another couple of days to let any one who wants to join get in at lower prices. These prices will never increase for as long as you remain subscribed. This will be the last chance to get in at lower price and be grandfathered in.
Emini was not the only big winner today - APPS stock rallied almost 60-70% off my $10 LIS shared in the weekly post below.
On top of this we also saw a massive day in Gold and gold stocks as well as the bonds TLT saw a 3% up day now up about 5 dollars from my 93 LIS. NEM saw yet another 7 % day, shared here a few days ago.
We have been calling this for over 6 weeks now. OrderFlow has yet again prevailed. Other methodologies can often be looking at the past data points and they are taking a beating as S&P500 makes new highs on smaller time frames.
Eventually all real time chats will move to the link below for the subscribers and we will keep the chat running thru the session once the support is made available for Android users by the Substack team. For now this only works on the iPhone app.
My levels for tomorrow
Scenario 1: My key level for tomorrow will be 3900. Now 3930. I favor a push into 3960-3965 as long as we open and remain bid above 3900 in cash session tomorrow.
Scenario 2: An open or bid below 3900 may lead to a test of 3870 level which may be support for rest of the session.
Any updates to this will be shared in my Twitter or my Chat app below.
~ Tic
Disclaimer: This newsletter is not trading or investment advice, but for general informational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, bonds trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. Reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are the courtesy of Ninja Trader, Think or Swim and/or Jigsaw. I am just an end user with no affiliations with them.
3960 target was actually achieved during cash session today alone . Updated levels may be issued for subscribers in the AM based on over night auction 👍
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