Discover more from Tic Toc's OrderFlow Newsletter
Daily Plan 9.19.23
Hey folks -
In the morning, I sent a chat room update where I thought we could trade up to 4517 area if we closed the IB above 4500. The IB close was a couple of ticks above 4500 and shortly thereafter, we traded up to that level.
This is the weekly level and not surprised we found some sellers there to trade down into 4490 area and closed the sessions slightly above 4500.
If you have not already, make sure you install the chat room and you are able to get updates from me whenever I post them.
I had some other good calls as well like TSLA and GME amongst others which can be read in the plan from last night.
Levels for tomorrow
Key level tomorrow remains from the weekly plan as they have held today.
Scenario 1: I think as long as we hold 4517 as resistance, there may be a tendency to test lower levels around 4460-4470.
Scenario 2: The bulls need to take out 4517 for bullish price action in my view.
At time of this post we last traded around 4505.
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, and 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. By reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are courtesy of Ninja Trader, FinViz, Think or Swim, and/or Jigsaw. I am just an end user with no affiliations with them. Information and quotes shared in this blog can be 100% wrong. Markets are risky and can go to 0 at any time. Furthermore, you will not share or copy any content in this blog as it is the authors’ IP. By reading this blog, you accept these terms of conditions and acknowledge I am sharing this blog as my personal trading journal, nothing more.