Playback speed
×
Share post
Share post at current time
0:00
/
0:00

Samantha's RECORDED Live Trading Room - 4/17/24

Your LIVE TRADING ROOM options:

1. For LIVE real-time & custom engagement: Join our CLUB membership for $350. Includes Samantha’s Swing/Trend portfolios/alerts & all macro-to-micro contributors/trades & all posted analysis/education/Tradytics option flow!!

2. For VIEW-ONLY real-time: Join our COMMUNITY membership for $125. Includes live stage moderators & Samantha's intraday/multi-day Chases & market thoughts!

3. For RECORDING & summary notes: (soon) Join PRO in Substack for $95. Includes the full recording of Samantha's live trading room each daily with summary notes.

FREE FOR NOW

#trading-room-summaries by Rithika & Michael

Greetings. We are two of Samantha’s Live Trading Room Moderators. Rithika focuses on the the chase action for intraday moves. Michael captures a summary of all ideas & trades across all timeframes - chase, swing & trend. We both make best efforts to cover her trade set ups as well as those requested by clients in the room.

For best results, listen yourself. Or better yet, join us live!


GET THE TRADE BEFORE IT HAPPENS

Rithika's Chase Summary

Market is still broken under the surface with breath very weak and volume trying to find support
VIX selling off on expiration and monthly resistance; above 19.29 is market bearish, below we can have a bounce
Miners are continuing to sell off
Airlines are having a bounce on good earnings
XME approaching 63.5 then 66.6
QQQ 430.2 pivot fails we could see 425
SPX needs to get above 5080 if its wants a push to 5180
Yields digesting give some support short term
ASML below 927 can head down to 900,888
WSM below 280 back to 265 and eventually 240 gapfill
DAL above 48 can attempt to test 50 sideways so far
UAL above 44.2 pushing towards 46,48
NKE 94.63 tagged, some digestion here first then has a gapfill to 98
TSLA below 155 can see 150,146.41
MSTR below 1200 can see 1080
NVDA below 860 back down to 823


Share Macro-to-Micro by Samantha LaDuc

Michael's Trading Room Summary

APR 17, 2024 AM

MAG7 - Yesterday this gapped down to the bottom of the daily channel; Still above the 50-day & this morning we have gapped up towards the 20-day MA but are still inside yesterdays range.

Weighted Dollar / Yields Ratio - Hit 310 yesterday before fading back; Still around the 305 area. Expecting 350 before the current drama is done.

IWF:IWD - Above the daily MA's (50, 20, 10) but still sideways & chopping around the 1.93 area.

INTERMARKET

T2100 - bounced up this morning. Bullish short term.

T2104 - minor buying; but NOTHING really. Nothing here really ...

T2123 - sitting on the 10-week.

WTI CRUDE - Seems to be testing the lower end of the daily range; 84 getting tested this morning from above.

GOLD (futures) - Closed Doji yesterday; so far this morning premarket we are Doji again. Still holding the daily range under 2400.

Nat Gas - up premarket but still within the daily range under 2.00

Bit Coin - Down again premarket; looks to be testing 62K from above. 60k likely the next level lower; "half"ing happens this week.

FX

Dollar (DXY) - Holding under 106.50; likely we would see markets react if this did get & stay above 106.50.

USDJPY - 154.75 tested; this continues to test the highs & press for more. Still a threat. 155 & 165 would not surprise Sam.

The BOJ-10Y likekly goes to 1.00% (if 0.80 to 1.00).

BONDS

TLT - Closed yesterday higher then where it opened; this morning it's gapped completely outside of yesterdays range (higher). Still under 89 daily. BOND BULLS MUST DEFEND HERE...

TNX - Getting / staying above 4.688% likely brings panic with it. Rejected that high yesterday and is now closer to 4.62%. Need this to roll over for equities to move higher.

ZN (10Y) - came into 107-1/2 area before turning higher again; still chopping

ZT (2Y) - came into 101-1/2 area before turning higher again; still chopping

INDEX

SPX - Has to get above 5080 for a cont push higher for a gap fill into 5192.50.

SPY - 503.50 was PT & we hit it; a little bounce now needs to get above the 3-day.

QQQ - 430 PT has been hit; expecting a bounce before moving lower into the next PT at 425

VIX - The expiry today "should" help the indexes bounce (SPY / QQQ). Weekend risk likely reappears after the options expiry Friday. Above 19.29 is market bearish. Below that we could have a broader market bounce.

SVXY - attempting a breakout of yesterdays range; no follow-through yet.

CHASE

ASML below 927 can head down to 900, 889

DAL above 48 can attempt to test 50 sideways so far

NKE - 94.63 tagged, some digestion here first then has a gapfill to 98

QQQ 430.2 pivot fails we could see 425

TSLA - below 155 can see 150,146.41

XME approaching 63.5 then 66.6

QCOM below 167.4 next is 164

HONORABLE MENTIONS

CAREFUL insurance & insurance brokers & things like that. (KIE - for example).

ARM - roll over. Testing the 55-day MA. Broke the 10-week & the 55-day MA. Extended intraday.

ASML - earnings roll-ver. Looks like a good short. $888.72 weekly support. Pushed under the 55-day MA. 889 PT. Stay below the 55-day

CPNG - tagged 22.50 & rejected;

CRUS - looks weak.

GBTC - on double support; if that does not support then it is really really weak

GS - still like this short; looking for rejection from oversold bounce.

HCC - very good looking chart. Weekly "scoop" pattern.

JBHT - Rejected 218 weekly; been chopping grinding lower since. Now under the 200 & 55 day MA's. May see a possible bounce around 165 weekly; long above 168 hourly

MSTR - still a great short.

MARA - looks to be the most oversold.

MRVL - going back to the 200-day MA would not surprise. Looks good.

NKE - great job. 94.63 tagged, some digestion here first then has a gapfill to 98

NVDA - break 860 for 823PT.

PLCE - looks like drama.

RMBS - looks soggy;

SMCI - 994.44 hourly resistance; 1077.80 daily is likely the place this rejects (thats PT)

TRV - stay above 208 hourly for bulls; 198.35 if we break below.

TSLA - 155 weekly support; 400-EMA weekly is the next lower PT (the 150 area weekly). Could overshoot into 136.68 weekly. Monthly support at 120 area. Still a mess. Break 153.88 for a move into daily gap fill 146.41 next PT. Oh YA; that is going to get tagged.

TMDX - an Alex play; looks supported above 90$ daily. 94 weekly. PT 100.00$.

UAL - stay above 44.20 if bullish. This is giving the others in this space a lift; still don't like it. DAL is the best looking of the airlines but it's still sideways.

USB - moving into 200-day MA from above.

WSM - still above the 55-day; rolling over. Looks like a nice short; stay below 292.40.

WPM - just wow; less violent miner.

XME - still see this as swing long.


Before you leave!

Please remember I have a great team you are helping to support.
If you enjoyed this analysis, let us know!

0 Comments
Macro-to-Micro by Samantha LaDuc
Recorded Live Trading Room
Every trading day, Samantha runs a Live Trading Room from 9 - 11 am ET for CLUB/EDGE clients - complete with custom engagement, option analysis, macro event risks and market moving news. She captures the move before it happens & sets up the trade for clients across CHASE, SWING & TREND timeframes. CATCH HER RECORDINGS HERE ON SUBSTACK - posted by 2pm ET - except Fridays when she reviews ALL OPEN/CLOSED trades in her portfolios for CLUB/EDGE clients.