Advised Trader

Share this post
Stocks offering last chance before larger 20 day cycle rally; watchlist
www.advisedtrader.com

Stocks offering last chance before larger 20 day cycle rally; watchlist

1410 CST

Derek William Frazier
May 31, 2022
Share this post
Stocks offering last chance before larger 20 day cycle rally; watchlist
www.advisedtrader.com

I believe that what is happening is just a pullback, as of now on $ES the 10 day trough and the 5 hour cycle are bottoming as of 1400 CST, prediction is for it to rally from here.

Below 4100 is the stop. R:R is 5 to 1 here but waiting for absorption and then seeing a bull imbalance does provide more information.

If there is a selloff, a watchlist is coming end of day… as it may continue lower into late week with some bad stocks. This may be an item, going forward, as well. So stay tuned for this week, it has a lot of info to give.

Bears could get something started, it seems that every minute that goes by past this half hour, and stocks are still down, could mean a larger selloff is coming late week. Have to watch it closely for confirmation.

Get my Watchlist

Share this post
Stocks offering last chance before larger 20 day cycle rally; watchlist
www.advisedtrader.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Derek Frazier LLC
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing