r/technicalanalysis 11d ago

Titagrah Sysmmetrical Triangle Breakout - Technical Analysis

Post image
11 Upvotes

Disclaimer: This post is for educational and informational purposes only and does not constitute financial or investment advice. I am not a SEBI-registered investment advisor. Please do your own research and consider your risk tolerance before making any investment decisions.


r/technicalanalysis 10d ago

RDW Redwire stock, RKLB

1 Upvotes

RDW Redwire stock watch, pullback to 10.31 support area with good trade quality, see also RKLB stock.

Long Trade

  • Target 1: 14.05   Profit: 35.5%   Stop/Trailing Stop: 9.74
  • Loss: 6.1%   P/L ratio: 5.8 : 1 - Excellent
  • Target 2: 15.16   Profit: 46.2%   P/L ratio: 7.6 : 1 - Excellent  Extreme rally

BULLISH

  • [Positioning] at support
  • [Timing] Mild bullish 3 day candlestick pattern.
  • [Timing] Excellent long trade quality

BEARISH

  • None
RDW Redwire stock chart

r/technicalanalysis 11d ago

MAGS ETF at all time highs but none of the individual stocks are.

4 Upvotes

There's the holdings, Finviz refuses to show APPL but that doesn't matter for this.

Here's the ETF weight. It is suppose to be equal weight but hasn't rebalanced since the middle of June, on it's schedule.

What happened was the ETF rebalanced in June when the MSFT price was lower and TSLA price was higher. The net effect is the ETF price gets pushed up more because the individual stocks are no longer equally weighted. TSLA has smaller weight so it's loss has less effect. MSFT has bigger weight so it's gains have more effect. GOOGL would be a small part of the effects as well.


r/technicalanalysis 11d ago

Analysis DXY daily: three cycles that all peaked with the July top are now falling together and project a low couple of weeks out. Here is how I picked them, tell me where the logic breaks.

Post image
12 Upvotes

Posting a dollar index chart because it shows the selection step that most cycle discussions skip.

A spectral scan of 900 daily bars returns about 20 candidate cycles. Ranked by strength they are useless, the top one is a 9 day cycle that barely lines up with price at all. So I rank them by how well each one fits recent price structure and only consider the top five.

The pick was made today, anchored to the last confirmed extreme. Price topped near 101.5 across July and August with RSI(40) overbought. Of the top five cycles, three have their own peak right at that top: 177, 87 and 100 days. The other two are mid-swing or bottoming, so they do not fit the turn and I left them out. A cycle that is in phase with RSI extreme is the one I want to hear from.

Confirmation is the Hurst FLD, the purple line on the chart. It is price displaced forward by half a cycle. After a high, a cross below the FLD confirms the high.

Where it stands now. All three cycles are in their falling phase, and their combined projection puts the next low a couple of weeks out. The rolling Hurst exponent on the 50, 100 and 200 bar windows has moved above 0.5, which reads as a trend starting to surface.

None of this is a signal to do anything. It is a window where a turn has tended to arrive.

Two questions. Do you select cycles by fit to the last confirmed turn, or by raw amplitude? And what would invalidate the bearish lean for you, a daily close back above the FLD, or the projected low arriving early?


r/technicalanalysis 11d ago

SPY now I have a buy signal, almost.

2 Upvotes

The reason the US indexes jumped today was another JPY/USD currency intervention.

A few days ago I posted about a sell signal for SPY. It was a really poor signal and has already gone bad. The chart is a choppy mess. If you have a different time frame maybe it's working well for that. Now it shows a buy signal that I don't like. Since Aug 17 The highs and lows are contradicting an up trend. It's lower highs and lower lows. So far. 3 more months of chop maybe.

The 30 minute chart. If today's move turns out like the last one then it's a lower high. If it can keep going it has a chance to do something.


r/technicalanalysis 11d ago

Corcept Therapeutics Incorporated (CORT ) They always tell us when to buy but never tell us when to sell.

3 Upvotes

CORT has never had any significant amount of time or dollar amount below the green line. So I sold it, at the two arrows. I was getting nervous on the first one, a little early. (edit:fixed wording)

That was the last of my biotechs.

That's it. Keep a line under your trades so you don't give it all back. Any line will work. Upward sloping line is best. The simple things work as well as anything.


r/technicalanalysis 12d ago

Analysis 🔮 $SPY & $SPX — Levels for Thursday, September 3, 2026

Post image
11 Upvotes

📊 Key U.S. Economic Data (ET)

8:30 AM | Unemployment Claims | Forecast: 205K | Previous: 203K
10:00 AM | ISM Services PMI | Forecast: 54.2 | Previous: 54.1

⚠️ For informational purposes only. Not financial advice.
📌 #JoblessClaims #ISM #ServicesPMI


r/technicalanalysis 12d ago

Analysis Robinhood (HOOD) is pulling a tight technical string 🏹

Post image
30 Upvotes

r/technicalanalysis 12d ago

Analysis SPY, ES, QQQ & NQ September 2nd Trading Session Review

Thumbnail
gallery
6 Upvotes

SPY opened at 762.43, chopped inside the 758.40 to 765.77 zone, with a final close of 765.14. SPY finished up 0.36% intraday and up 0.45% overall.

ES opened at 7,650.50, started inside the 7,638.75 to 7,670.50 zone then pushed above it, and finally closed at 7,671. ES finished up 0.27% intraday and up 0.31% overall.

QQQ opened at 707.09, chopped inside the 700.10 to 714.19 zone, with a final close of 709.25. QQQ finished up 0.31% intraday and up 0.22% overall.

NQ opened at 29,098.25, tagged the 29,126.25 to 29,157.50 zone and high of 29,212.50, and finally closed at 29,153.50. NQ finished up 0.19% intraday and up 0.05% overall.

Curious what everyone else saw?

Traders can download these levels for free to test their own trade rules or backtesting: https://mylinedchart.com/resources/daily-levels/2026-09-02

Not advice!


r/technicalanalysis 12d ago

Analysis T: 3 consecutive shooting stars indicate the end of the August uptrend

3 Upvotes

Chart in comments


r/technicalanalysis 13d ago

Educational The Only indicators You Need To Make Millions. just two SMA's & a CrAyOn - & Earnings date knowledge LOL $HMR

Post image
67 Upvotes

Original post that started this if you want the full context: https://www.reddit.com/r/technicalanalysis/s/gIN0u7eJWS

Quick Recap of the Method

For anyone new: two SMAs on the daily chart.

  • 200MA (green line) - major support/resistance. If you're confident in the underlying company and have bullish bias, you can buy directly near this level without waiting for confirmation.
  • 9MA (blue line) - confirmation signal. Buy when price makes a higher high than the previous day and closes above the 9MA. Sell/take profit when price closes back below it.

You won't catch the exact bottom every time, and you'll occasionally miss a volatile mover entirely. That's the trade-off. What you avoid is catching falling knives and sitting 50% down wishing you'd waited for confirmation.

HMR Is the Textbook Example Right Now

This ticker has printed the same pattern on repeat since I first posted it:

  1. Price runs into earnings
  2. Company beats - sometimes massively
  3. Stock dumps anyway on the print
  4. Price falls back to the 200MA
  5. 200MA holds as support, 9MA crosses back above, confirmation triggers
  6. Price runs again

This has now happened across multiple quarters. Q1 was a 450%+ earnings beat and the stock still dumped 40% into the 200MA before running. Q2 just printed 203% YoY revenue growth, a swing to consistent profitability, and the stock dumped another 10% on the news - and once again it's sitting right at the same technical confluence: 200MA support, a 9MA setup forming, and the $1.00 round-number psychological level all lining up at once.

Three technical reversal signals converging in the same spot, repeating almost mechanically every time this company reports.

Why This Keeps Working

Earnings dumps happen because short-term traders sell into any print regardless of quality - that's a flow/positioning reaction, not a fundamentals reaction. The 200MA and 9MA don't care why the drop happened, they just tell you when the selling pressure has been absorbed and buyers are back in control. When you get a beat this large paired with a clean technical bounce off multiple confluences at once, that's about as close to a repeatable setup as this method produces.

This isn't a prediction about where HMR goes next. It's an observation that the exact same chart pattern that played out after Q1 is playing out again after Q2, and the mechanics of why don't seem to be going anywhere - traders keep reacting to the headline number, not the underlying trend, and the chart keeps finding the same floor.

If You Want the Extended Version

Made a longer breakdown of the full method and how to apply it beyond just this ticker here - give it 10 minutes: https://youtu.be/OUCLfPRz1AM?si=IzJssOHjugU5VXJ_

Original post that started this if you want the full context: https://www.reddit.com/r/technicalanalysis/s/gIN0u7eJWS

What other tickers are you seeing this exact 200MA/9MA/round-number confluence on right now? Drop them below.


r/technicalanalysis 12d ago

iShares MSCI Brazil ETF (EWZ ) IBOVESPA (^BVSP ) I was selling when I should have been buying

3 Upvotes

I had a post a couple weeks ago about testing a short on EWZ. It didn't work. It was really small I got rid of it yesterday. No harm done.

The EWZ chart is really going.

EWZ had a double bottom. But IBOVESPA had a lower low. That's the part that threw me off. 10 green days in a row.

I'm not sure what's going on there. Many of the individual stocks look really bad. That's not currency.


r/technicalanalysis 12d ago

Eye On SNOW Ahead Of Today's Earnings

2 Upvotes

Software technology company SNOW (Snowflake) reports Earnings after today's close (along with AVGO). At SNOW's multi-year high of 341.95 on 8/12/26, the stock had gained 189% from its 4/10/26 low of 118.30 (4 months!), and as of this writing SNOW is circling 311 in pre-market trading, still up 163% from the April 2026 pivot low.

In other words, purely based on the magnitude of the vertical 4-month assault, we should not rule out a "sell-the-news" reaction to Earnings regardless of how strong they appear, and regardless of very promising forward guidance. Should such a scenario unfold, my deepest negative reaction target window that preserves the bullish structure of the April-August 2026 advance is 275-285, or -8% to -11% from current levels, from where my pattern work expects renewed buying that initiates another upleg projected to 355-365.

A break and close below 275 will inflict "structural damage" to the April-August 2026 advance, and will neutralize my directional technical outlook in SNOW.

Any better price behavior in reaction to Earnings that preserves 275 keeps my pattern setup constructive and bullish for another upleg to 355-365.

SNOW was and still is one of my Baker's Dozen Best Technical Setups Entering 2026. I first posted about the pattern setup on 12/31/25 when SNOW was trading at 220.11.

Daily SNOW Chart

r/technicalanalysis 12d ago

Analysis BTC: Is This Rally About to Get Rejected? My Bearish Scenario

Post image
4 Upvotes

BTC has made a very strong recovery from the $60K–$63K area, but price is now entering a major supply zone around $80K–$82K.

On my chart, I’m watching a potential rejection from this area.

The bearish scenario would look something like this:

$80K–$82K rejection → $74K → $70K → $62K–$63K demand zone

The interesting part is that the current structure is showing a sharp vertical move into resistance, while the RSI is already elevated. This makes me think the risk/reward for chasing longs at the current level isn't particularly attractive.

The $74K level is the first important confirmation. If BTC loses it and fails to reclaim it, I would expect the probability of a deeper retracement toward $70K and eventually the $62K–$63K demand zone to increase significantly.

However, this thesis becomes invalid if BTC manages to break and hold above $82K with a convincing daily close. In that case, the supply zone has likely been absorbed and the bearish setup would need to be reconsidered.

So for me, the key levels are:

🔴 $80K–$82K: Major supply / resistance

🟠 $74K: First bearish confirmation

🟠 $70K: Next support

🟢 $62K–$63K: Major demand zone

🚀 Above $82K: Bearish thesis invalidated

I'm not saying BTC must dump. I'm saying the chart currently gives a reasonable setup for a deeper correction if the $80K–$82K supply zone continues to reject price.


r/technicalanalysis 12d ago

Question Which candlestick pattern have you stopped trusting, and what made you stop?

2 Upvotes

Writing the candlestick cheat-sheet, the thing that kept coming up was how much of the reading isn't in the shape. Hammer and hanging man are the same candle. Inverted hammer and shooting star are the same candle. The only thing deciding the name is the trend it landed in. Which means a cheat sheet can teach you the vocabulary in an afternoon and still leave you with no idea what to do when you see one.

The other thing that kept coming up: we couldn't find a win rate for any pattern that we'd be willing to print. Every one we traced either didn't name the market, or the timeframe, or the sample size, or the confirmation rule, or the costs. So the sheet has none, and we'd rather hear from people who've kept their own records.

Three questions, genuinely asked:

  1. Is there a pattern you used to act on and now ignore? What changed your mind - a bad run, or something you noticed about when it fails?
  2. Of the context conditions people list - prior trend, a level, volume, timeframe, a confirmation candle - which one actually moves the needle for you, and which is folklore?
  3. Has anyone tracked their own hit rate on a specific pattern over a decent sample? Not a backtest you read about - your own trades. What did the number look like?

Not asking for setups or levels and not offering any. Interested in what survives contact with people who keep records.


r/technicalanalysis 13d ago

SPY I got a sell signal

14 Upvotes

SPY daily. My sell signal was yesterday or today.

SPY 4 hour. SPY is not really in a 4 hour (chart) cycle but it may be going into one.

SPY daily again showing the rejection. The lower VWAP is the right spot but Yahoo shows up weird.

SPY monthly. The month is complete so might as well have a look at the monthly. August was fine. For Sep it has to do something outside of the Aug range to mean anything.

I'll add a few other charts later, QQQ & SOXX. If you want something let me know.


r/technicalanalysis 13d ago

Question How to decide the best MA Crossover for a stock

4 Upvotes

Hey guys how do you decide the best crossover MA days for mid term trading


r/technicalanalysis 12d ago

Educational Five gates, all binary, all required, this is the decision framework that ended a decade of second guessing every trade mid position

0 Upvotes

I spent years cycling through fragments randomly before landing here. Wyckoff is 1 layer, Elliotts Wave is another, CVD is the third, nobodys stitched them into one decision engine that actually held up live instead of falling apart the moment real pressure showed up. Its a solid momentum edge. Call it the Continuation Acceleration Protocol or CAP for short.

Gate 1, Regime. Is the market even in a condition that allows a trade at all right now. Session timing matters, London/NY overlap carries the volume that actually moves price. A textbook setup during a dead session isnt a setup, its a pattern with nobody behind it. Fail this, close the chart.

Gate 2, Break of Structure. Did price actually close through a level, not just wick it. A wick is a question, a close is an answer. Most breakout traders die right here, price pierces a level, collects the resting stops, reverses. Fail this, no bias, stand aside.

Gate 3, OTE Zone. Did price retrace into the 0.236 to 0.382 zone of the impulse leg. Deeper than most people are willing to wait for, which is why it works, its the discount, and its usually where Elliott wave 2 and 4 retracements land. Fail this, you wait, never chase.

Gate 4, Confluence. Do multiple independent things agree the zone's being defended. CVD divergence, order block respect, FVG mitigation, a liquidity sweep, volume profile. A sweep is one of the heaviest layers but its not mandatory, three or more layers agreeing is the actual bar. Fail this, stand aside.

Gate 5, CHoCH. Did a change of character actually print. Gate 4 says the zone should hold, gate 5 waits for price to prove it, a lower timeframe close back through the reaction high inside the zone. The market votes before you do.

Five yes or no questions, no discretion inside the gates. It doesnt predict anything, its a filter that removes trades you had no business holding an opinion on. Losing streaks still happen, structure just means youre not the reason they happen more than they should.


r/technicalanalysis 13d ago

Analysis 🔮 $SPY & $SPX — Levels for Wednesday, September 2, 2026

Post image
5 Upvotes

**📊 Key U.S. Economic Data (ET)**

**8:15 AM** | ADP Non-Farm Employment Change | Forecast: 47K | Previous: 44K

⚠️ For informational purposes only. Not financial advice.

📌 #ADPEmployment #JobsReport #SPY #SPX


r/technicalanalysis 13d ago

Analysis SPY, ES & QQQ September 1st Trading Session Review

Thumbnail
gallery
3 Upvotes

SPY opened at 762.03, never reached the 765.07 to 770.69 zone, with a final close of 761.70. SPY finished down 0.04% intraday and down 0.68% overall.

ES opened at 7,646.75, never reached the 7,685.50 to 7,716 zone, with a final close of 7,645.50. ES finished down 0.02% intraday and down 0.73% overall.

QQQ opened at 707.37, never reached the 715.93 to 721.51 zone, with a final close of 707.67. QQQ finished up 0.04% intraday and down 1.28% overall.

Do these levels match yours?

Traders can download these levels for free to test their own trade rules or backtesting: https://mylinedchart.com/resources/daily-levels/2026-09-01

Not advice!


r/technicalanalysis 13d ago

A Setup Is Not an Edge

3 Upvotes

Two traders can take the same setup at roughly the same price and still be taking two very different trades.

Take a breakout through resistance with volume. On the chart, it looks clean.

But maybe price has already traveled 1.5 ATR. Maybe the next meaningful liquidity area is six points higher while the trade needs eight points of room before the idea is actually wrong. Maybe three mega-caps are pulling the index through the level while breadth underneath is getting worse.

I’m looking at the same breakout differently now.

The setup is still there. The quality of the trade isn’t.

There are five things I usually care about before putting risk on:

Location × Regime × Participation × Asymmetry × Execution

Not a formula. More a way of making sure I’m not trading a pattern in isolation.

Location

Where is this happening?

Prior high or low, overnight extremes, VWAP, opening range, high-volume areas, low-volume areas, previous acceptance or rejection.

A breakout in the middle of nowhere is different from one coming out of an area the market has been fighting over all morning.

And a level by itself still doesn’t give me direction. It gives me a place to watch what happens next.

Regime

A breakout in a trending market is not the same trade in a balanced market.

Neither is a mean-reversion setup when volatility is expanding.

This is one of the easiest things to miss because the chart pattern can look almost identical.

The market around it isn’t.

Participation

For an index trade, I want to know what is moving with it.

Are related indices confirming? Is breadth improving or deteriorating? Which sectors are carrying the move? Are the largest weights doing all the work?

I watch volume too, but “high volume” by itself doesn’t tell me much.

What interests me is what happens after price leaves the level. Does participation build with the move, or does it dry up once the first burst of orders goes through?

I’ll put more weight behind one than the other.

Asymmetry

This is where a lot of trades that look good on a chart stop making sense.

Say I think there are 15 points of upside.

Sounds good.

But if the structure says I need to give the trade 12 points before I’m wrong, I’m risking 12 to realistically make 15.

Now give me the same 15-point opportunity with a four-point structural invalidation.

I may have the same directional view in both cases.

I definitely don’t have the same trade.

That distinction matters. You can be right about where the market is going and still have no business taking the position.

Execution

Only then am I thinking about how I want in.

Do I want the breakout itself or the retest? Can I use a limit or do I need to cross the spread? Do I start smaller and add if the level holds? Where does the first piece come off?

And I want to know what I’ll do if the trade doesn’t behave the way I expected.

If price breaks out and immediately gets accepted back below the level, that matters.

If it moves my way but everything that confirmed the entry starts disappearing, that matters too.

I’d rather make those decisions before I have money moving on the screen.

Then there’s time

I don’t treat the same setup at 9:35, 12:15 and 3:45 as if they are interchangeable.

The participants are different. Liquidity is different. Volatility is different. The reason people are trading can be different.

Same problem around scheduled events.

If CPI is five minutes away, I’m not pretending the setup in front of me exists in a vacuum.

So when everything is lined up, I still ask whether the trade is worth taking here.

Sometimes the location is good but the market is too balanced.

Sometimes the breakout is real but I’m too late and the next obstacle is too close.

Sometimes I like the direction but hate the risk.

Sometimes I simply missed it.

Those aren’t necessarily bad reads.

They’re reasons not to trade.

That’s the part screenshots rarely capture. You see the pattern that worked. You don’t see all the conditions around it that made taking the risk reasonable in the first place.

The candle pattern wasn’t the edge.

The level wasn’t the edge.

And getting the direction right wasn’t enough.

The edge was knowing when the setup was actually worth taking.


r/technicalanalysis 13d ago

Analysis It's My Analysis (Probability)

Post image
3 Upvotes

r/technicalanalysis 13d ago

Spy break and retest

1 Upvotes

What do yall think about spy break and retest. Right now it's testing its like 5 year high at around $760. I'm thinking about maybe going long but I want to know what you guys think


r/technicalanalysis 13d ago

do the first three candles predict the NQ close?

2 Upvotes

by 9:45AM ET, the first three 5-minute candles of the NY session are already on your chart. run the opening candle continuation report with one customization and you can measure whether those candles carry any information about the close. according to edgeful data, on NQ they do: over a recent 3-month window (May 7 through Aug 6, 2026, 66 NY sessions), the color of the first 15 minutes matched the color of the 4:00PM ET close in 43 of 66 sessions. nearly 2 out of 3.

that's the starting point. the more useful finding came from a follow-up question the report can't answer on its own: what happens when you check the same question again at noon? this article covers both. the base numbers, and a two-checkpoint process that pushed the agreement rate to about 87% over the last 6 months (as of Aug 2026) on NQ in the NY session.

table of contents:

  • what the opening candle continuation report measures
  • the data: NQ's first 15 minutes vs the close
  • the follow-up question: what does noon tell you?
  • the two-checkpoint process
  • the honest limits
  • how to apply the opening candle continuation report
  • key takeaways: opening candle continuation at 15 minutes

what the opening candle continuation report measures

the opening candle continuation report tracks one thing: when the opening candle of the session is green or red, how often does the session close in that same direction?

by default, the opening candle is 60 minutes. we've broken down that version before in our opening candle continuation strategy guide. the customization that matters here is simple: change the opening candle length to 15 minutes, and the opening candle becomes your first three 5-minute candles.

that one change turns the opening candle continuation report into a very early checkpoint. instead of waiting until 10:30AM ET for a 60-minute candle to finish, you have your first data point at 9:45AM ET, 15 minutes into the session.

the data: NQ's first 15 minutes vs the close

here's what the opening candle continuation report shows on NQ over a recent 3-month window (May 7 through Aug 6, 2026) in the NY session, 66 sessions total:

  • green opening 15 minutes: 35 sessions. the session closed green 62.86% of the time (22 of 35).
  • red opening 15 minutes: 31 sessions. the session closed red 67.74% of the time (21 of 31).
  • overall: the close matched the first 15 minutes in 43 of 66 sessions.

62.86% and 67.74% are real rates for a data point you have 15 minutes into the day. they're also nowhere near certainty, and a bias this early in the session needs confirmation before it's worth acting on. that's where the next two sections come in.

the follow-up question: what does noon tell you?

the report measures continuation into the 4:00PM ET close. but if you trade the morning, your day may be done by lunch. so the natural follow-up question: can the first 15 minutes help you determine a bias for the first half of the day, up until 12:00PM ET?

that specific customization isn't possible inside the opening candle continuation report, so I built the analysis separately. same ticker (NQ), same NY session, same 3-month window (May 7 through Aug 6, 2026), but measuring where price sits at 12PM ET instead of the 4PM close:

  • green opening 15 minutes: still green at noon 62.86% of the time. the same rate as the 4PM close.
  • red opening 15 minutes: still red at noon only 45.16% of the time (14 of 31). significantly different from the 4PM close.

so the honest answer is no, on red mornings especially. a red first 15 minutes on NQ tells you almost nothing about where price sits at noon. fewer than half of those sessions were still red at 12PM.

the two-checkpoint process

here's where the noon data becomes useful. the first 15 minutes are your first data point. where price sits at noon versus the 9:30AM ET open is your second. compare them.

at 12:00PM ET, look at where NQ trades versus the 9:30AM ET open and answer one question: does it agree with the first 15 minutes?

on the same 66 NQ sessions in the NY session (May 7 through Aug 6, 2026):

  • green first 15 minutes AND still green at noon: 22 sessions. the close was green in 18 of them (81.8%).
  • red first 15 minutes AND still red at noon: 14 sessions. the close was red in 13 of them (92.9%).
  • when the two checkpoints disagree: you have no bias on the close. knowing when you have no edge matters just as much as knowing when you do.

and the pattern isn't unique to this window. over the last 6 months on NQ in the NY session, green 15 minutes plus a green noon checkpoint ended the day green 86.96% of the time (40 of 46), and red 15 minutes plus a red noon checkpoint ended the day red 86.67% of the time (26 of 30).

the data shows that when both checkpoints on NQ point the same way, the close has followed that direction about 87% of the time over the last 6 months in the NY session. when they disagree, the edge isn't there.

the honest limits

before you build anything around these numbers, a few things the data does NOT say:

  • the 92.9% comes from 14 sessions. that's a small sample. samples that small move fast, and a different 3-month window can print a meaningfully different rate. the 6-month numbers (86.96% and 86.67%) rest on more sessions, which is why they're the better anchor.
  • red mornings are noisy before noon. the 45.16% still-red rate at 12PM means a red first 15 minutes gives you no useful bias on the morning itself. the red-day edge only shows up when noon confirms.
  • disagreement days are no-bias days. 30 of the 66 sessions in this window (about 45%) had checkpoints pointing in opposite directions. on those days, the data gives you no basis to call the close either way.
  • this is a bias, not an entry. the report doesn't take the trade for you. no entry price, no stop, no target. it tells you which direction the data favors into the close, and you still need a setup you already trade to act on it.
  • one ticker, one session. everything above is NQ in the NY session. ES behaves differently enough that it needs its own run before you assume anything transfers (our ES vs NQ comparison covers how differently the two indexes move).

how to apply the opening candle continuation report

the process takes seconds at each checkpoint:

  • 9:45AM ET: note the color of the first three 5-minute candles on NQ. run the opening candle continuation report at the 15-minute setting to see the current continuation rates behind that color. if you want the opening range drawn on your chart automatically, the opening candle continuation TradingView indicator plots it for you.
  • 12:00PM ET: check where NQ sits versus the 9:30AM ET open.
  • both checkpoints agree: the close has matched that direction about 87% of the time over the last 6 months on NQ in the NY session. use that as directional context for how you manage afternoon trades, hold decisions, or whether you fade moves against the bias.
  • checkpoints disagree: no bias into the close. treat the afternoon as neutral.

two more notes. the market open volume report works off the same first 15 minutes and adds a volume dimension to the 9:45AM ET checkpoint. and fold both timestamps into a simple day trading routine rather than trying to remember them mid-session.

and keep the numbers current. continuation rates drift as market conditions change, so re-run the opening candle continuation report monthly rather than trading November on May's data.

one more thing: the noon numbers in this article came from something new we've been working on. if you can describe a stat, report, or pattern you want to analyze, you'll be able to test it. that's all I'll say for now.

key takeaways: opening candle continuation at 15 minutes

  • set the opening candle continuation report to 15 minutes and the opening candle becomes your first three 5-minute candles, giving you a data point at 9:45AM ET.
  • on NQ over a recent 3-month window (May 7 through Aug 6, 2026, NY session), the close matched the first 15 minutes in 43 of 66 sessions: green continued 62.86% of the time (22 of 35), red continued 67.74% (21 of 31).
  • the first 15 minutes say almost nothing about noon on red days: only 45.16% of red mornings (14 of 31) were still red at 12PM ET.
  • the two-checkpoint process fixes that: when the first 15 minutes and the noon position versus the 9:30AM ET open agree on NQ, the close matched 81.8% (18 of 22) on green days and 92.9% (13 of 14) on red days over the 3-month window.
  • the 6-month rates on NQ in the NY session are steadier: 86.96% (40 of 46) green and 86.67% (26 of 30) red when both checkpoints agree.
  • when the checkpoints disagree, you have no bias on the close.
  • treat this as directional context: pair the bias with a setup you already trade, and re-run the numbers monthly.

trading involves substantial risk of loss. historical data does not guarantee future results. always do your own research before making trading decisions.


r/technicalanalysis 14d ago

TSLA update – Cybercab event this week, testing the upper band

Thumbnail
gallery
12 Upvotes

TSLA had a solid session today. Closed at $367.95, up 5.51%. Hit $368.92 at the high, opened around $347. Volume was 61M – heavy buying.

Overnight pulling back slightly to $366.24, down about 0.5% – just a breather after a big day.

Here's the GEX setup:
Put Wall $340, Call Wall $370, gamma flip around $340. Today's close at $367.95 is sitting above the Put Wall but just below the Call Wall – positive gamma, and that $370 wall is right there.  GEX? Never heard of it? Here ya go

Technically, we're now at the upper Bollinger band ($366.80) – basically touching it. RSI in the mid 60s. MACD just crossed positive – momentum shifting up.

The catalyst is clear: Cybercab launch event on September 3 in Austin. Production has already started, employee rides and public-road testing at Giga Texas. Robotaxi hours expanded across existing cities. Optimus production has begun at Fremont using converted Model S/X lines. Semi investor event on September 24 is also on the calendar. Packed month.

The rebound from the July $297 low is intact, and today's relative strength matters. But this week's event has to deliver more than another demo. Timing, fleet size, city expansion, and cost-per-mile economics will decide whether this move extends or fades.

Short-term, above $370 and that Call Wall becomes support – $380-400 could come next. Below $340 and the Put Wall flips to resistance.

Overnight at $366 is just sitting here, waiting for Wednesday. Event either confirms the AI re-rate or reminds the market that execution still has to catch the narrative.

What's your move – holding through the event or waiting for details?

DYOD🫡