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Daily TPO homework for DAX and NQ


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Daily TPO homework for DAX and NQ

  #661 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
Posts: 644 since Dec 2016
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DAX has been weaker.
Targetting 11400 as minimum target.



shrekchenbin View Post
A top is most likely to be in, though the formation has yet to be completed and confirmed.
The break of the 5260 would confirm the top.
It is likely to test the 5180 level after the break.


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  #662 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
Posts: 644 since Dec 2016
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Dow has triggered a spring long setup targetting the 25600.

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  #663 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
Posts: 644 since Dec 2016
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Well, I was wrong.
No supportive order flow appeared at the low.

shrekchenbin View Post
Dow has triggered a spring long setup targetting the 25600.


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  #664 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
Posts: 644 since Dec 2016
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The expectation is for it to test 25300 support.



shrekchenbin View Post
Well, I was wrong.
No supportive order flow appeared at the low.


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  #665 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
Posts: 644 since Dec 2016
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Bounce from prior resistance in RTY.



shrekchenbin View Post
The expectation is for it to test 25300 support.


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  #666 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
Posts: 644 since Dec 2016
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The move down and then back is too slow to be qualified as a spring.
A lesson learned.
A proper spring is formed during one session when a move back in the range follows a stop run.

shrekchenbin View Post
Well, I was wrong.
No supportive order flow appeared at the low.


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  #667 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
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Russell enters the chop zone.
The next line of interest stands at 1505. The Russell has been the leader to the down side.
Watch out the lower liquidity situation, which means the stops would have to be widened.


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  #668 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
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Retest of the 25000 is back on the table.
It is going to be the first big psychological number for the bulls to fight for.




shrekchenbin View Post
Russell enters the chop zone.
The next line of interest stands at 1505. The Russell has been the leader to the down side.
Watch out the lower liquidity situation, which means the stops would have to be widened.


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  #669 (permalink)
 shrekchenbin 
UTRECHT/The Netherlands
 
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Don't see much structure in ES, but 2720 should a critical level for the bulls.
My focus of this session is still RTY and YM, which the ES is merely to watch for order flows.



shrekchenbin View Post
Retest of the 25000 is back on the table.
It is going to be the first big psychological number for the bulls to fight for.


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  #670 (permalink)
 
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 MiniP 
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shrekchenbin View Post
Don't see much structure in ES, but 2720 should a critical level for the bulls.
My focus of this session is still RTY and YM, which the ES is merely to watch for order flows.

are you using a 2 hr TF? I really like the view of that

-P

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