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Except the last, Fridays were usually upbeat days
-- I favour higher and who knows maybe this is a day that I was waiting for -- bringing a surge to the new high… not only daily, but weekly and who knows maybe monthly.
Sorry, I'm very optimistic today (maybe is just long weekend) but it’s the last day of August. and could be a day to remember
Can you help answer these questions from other members on NexusFi?
So far today is a beautiful ES unfair advantage day.
(1) The market started its NY Opening Hour Move down (12pts)
Then
(2) @ 10:10 ES initiated its Morning move up (over 14pts)
an later with
(3) Delayed Morning Move down (9pts)
As it turns out I was too optimistic this morning. Although Sept futures managed to get higher intraday relative to this morning (1412 -- matching Aug 29 & 30 intraday highs) there was no daily, weekly, or monthly recorded high. It closed at 1404.75 down 5.75 pts on the week -- a second consecutive weekly decline. All the action was between R2 and bit below PP.
Yesterday was a beautiful unfair advantage day for traders trading ES .
(1) The market started its NY Opening Hour Move down (12pts) This move is important as a reference to what is going to happen later in a day
Then
(2) @ 10:10 ES initiated its Morning Move -- as expected the move was up (over 14pts) Expect a counter-trend move to the NY Opening Hour Move in the first 45 to 60 minutes
an later with
(3) Delayed Morning Move -- the move was down (9pts) Expect a resumption of the NY Opening Hour Move
As I've posted before (i.e. post 185) I’m recently focusing only on the 5 moves that I’ve described in my post #1.
a) 9:35AM - 10:15AM NY Opening Hour Move
b) 10:00AM - 10:45AM Morning Move
c) 12:45PM - 2:00PM Post-Lunch move
d) 2:00PM - 3:00PM Afternoon Move
e) 3:00PM - 3:30PM Delayed Afternoon Move
--but the move was so obvious that I had to included it in today's analysis.
(4) 12:45PM - 2:00PM Post-Lunch Move -- the move started @13:10 and as expected the move was down -- parallel to the NY Opening Hour Move (over 4pts) Expect a resumption of the NY Opening Hour Move trend (or upward or downward bias)
(5) 2:00PM - 3:00PM Afternoon Move Expect a counter-trend move of the NY Opening Hour Move
--The move was up, initiated @ 14:05 (over 4pts); it was a second leg of the bigger move that started half hour earlier.
Then @ 14:56 ES has initiated its Delayed Afternoon Move -- the move was down (4pts)
(6) 3:00PM - 3:30PM Delayed Afternoon Move
– the 2:00pm move will help dictate what may happen at 3:00pm, Expect a resumption of the NY Opening Hour Move if a counter-trend move occurs around 2:00pm
This is an experimental indicator that can enter and exit live positions. Use entirely at your own risk and with extreme caution! You have been warned, so don't blame me! I will not accept liability for anything!
On Wednesday, April 25, NY session opened @ 1380 and ES went up from there
(1) 9:35AM - 10:15AM NY Opening Hour Move
Market develops its trend or bias for the day -- the move was up (6pt)
And then around 10:10AM it initiated its Morning Move
(2) 10:15AM - 10:45AM Morning Move
Expect a counter-trend move to the NY Opening Hour Move in the first 45 to 60 minutes
-- the move was down (6pts)
(3) 12:45PM - 2:00PM Post-Lunch Move --the move was up and started @12:50 (nearly 5pts)
Expect a resumption of the NY Opening Hour Move trend (or upward or downward bias)
(4) 2:00PM - 3:00PM Afternoon Move -- the move started bit late @14:25 (5pts)
Expect a counter-trend move of the NY Opening Hour Move trend if the market is testing the high or low of the day.
(5) 3:00PM - 3:30PM Delayed Afternoon Move -- the move started bit early @14:50 and was up 5pts
– the 2:00pm move will help dictate what may happen at 3:00pm,
Expect a resumption of the NY Opening Hour Move trend if a counter-trend move occurs around 2:00pm and the market is trading down off of the high of the day
(1) 9:35AM - 10:15AM NY Opening Hour Move
Market develops its trend or bias for the day This move is important as a reference to what is going to happen later in a day
(2) 10:15AM - 10:45AM Morning Move Expect a counter-trend move to the NY Opening Hour Move in the first 45 to 60 minutes
(3) 12:45PM - 2:00PM Post-Lunch Move Expect a resumption of the NY Opening Hour Move trend (or upward or downward bias)
(4) 2:00PM - 3:00PM Afternoon Move Expect a counter-trend move of the NY Opening Hour Move trend if the market is testing the high or low of the day.
(5) 3:00PM - 3:30PM Delayed Afternoon Move
– the 2:00pm move will help dictate what may happen at 3:00pm, Expect a resumption of the NY Opening Hour Move trend if a counter-trend move occurs around 2:00pm and the market is trading down off of the high of the day
(1) 9:35AM - 10:15AM NY Opening Hour Move
Market develops its trend or bias for the day This move is important as a reference to what is going to happen later in a day
(2) 10:00AM - 10:45AM Morning Move Expect a counter-trend move to the NY Opening Hour Move in the first 45 to 60 minutes
(3) 12:45PM - 2:00PM Post-Lunch Move Expect a resumption of the NY Opening Hour Move trend (or upward or downward bias)
(4) 2:00PM - 3:00PM Afternoon Move Expect a counter-trend move of the NY Opening Hour Move trend if the market is testing the high or low of the day.
(5) 3:00PM - 3:30PM Delayed Afternoon Move
– the 2:00pm move will help dictate what may happen at 3:00pm, Expect a resumption of the NY Opening Hour Move trend if a counter-trend move occurs around 2:00pm
(1) 9:35AM - 10:15AM NY Opening Hour Move
Market develops its trend or bias for the day This move is important as a reference to what is going to happen later in a day
(2) 10:00AM - 10:45AM Morning Move Expect a counter-trend move to the NY Opening Hour Move in the first 45 to 60 minutes
(3) 12:45PM - 2:00PM Post-Lunch Move Expect a resumption of the NY Opening Hour Move trend (or upward or downward bias)
(4) 2:00PM - 3:00PM Afternoon Move Expect a counter-trend move of the NY Opening Hour Move trend if the market is testing the high or low of the day.
(5) 3:00PM - 3:30PM Delayed Afternoon Move
– the 2:00pm move will help dictate what may happen at 3:00pm, Expect a resumption of the NY Opening Hour Move trend if a counter-trend move occurs before 3:00pm
