Monday Model for 7.11.22 based on TQQQ
Welcome back--I am officially rebooting this blog, and cross sharing my posts with Blogger and the Trading View Community. All of my charts come from data exported via Trading View, although I may also export other data from Fidelity if necessary. I chart intra-day patterns on the stock market. I do this because it is of interest to me. I like viewing how the patterns evolve, and how they are different across the week. I initially began charting the leveraged qqq's because that is what I mostly trade. However, I am looking to expand this exercise to the indices. I also believe that charting is valuable in that I am in touch with how the markets typically behave throughout the day. As a disclaimer, be aware that these are merely historical patterns and cannot be used to predict price action. You should always follow price. Instead, the pattern helps guide my information gathering process, and serve as confirmation if I believe the market is going to move in a direction.