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Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#14
4.01-05.2019
Bears lost 2888 LIS after NYSE Open--see better on RTH 10M Chart.
It's about 14 points Gap Up from last SUN/MON Open... likely will retest this Gap soon or later.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Can you help answer these questions from other members on NexusFi?
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
W#15 MON 04.08.2019
Weekly OpEx 2795>2900<2945
OMG!
Aggressive Bulls? OpEx Players have to hold up 2900 for DT.DoubleTop @2945?
Looks like a trap to me, especially in ONT.OverNightTrading if can't BO.
Watch out for taking Profits at multi Targets:
1. 60M InPlay.PreviousW14.WED@15:30pmET
[2840.75-2889.25] 3rdExtL38%L2870 T127% 2902
Flag was there but volume wasn't there yet... 9:30amET Sell then 10amET Buy through out the afternoon--repeated pattern for more than 10 days. Bears had a chance to get out yesterday when Bulls reclaimed 2885.75 prior Highh with 2884 as LOD.
In addition, 1440 Chart has Bullish Butterfly pattern... but first thing first, Bulls have to break out of @2900; then will see if it's Double Top @2945 for OpEx players.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Unbreakable @2900?
Yeah, Bears got over 20 points--first time in a long time, with 'Liquidity' barrier 1Tick above 2889.75 YH.
That was Tuesday but maybe not today because of Wednesday's news events:
8:30amET ECB Press Conference (on WED instead of usual THU--don't really know WHY)
10:30amET Oil Inventory report
2:00pmET FOMC Minutes
Exhausted last night, stayed up late to catch "Ambushed Bulls" on a failed BD as a retest of 4pmET 2877.25 LOD--hmmm there was volume... every time Bulls using their 'secret' weapon.
Well, not really a secret... see it a lot better on 60M chart.
If Bears are able to hold Down 2888, then better think about H&S to retest 2840.75 Bottom of Gap BO point.
Updated after WED Closing:
Took more than 6 hours of consolidation to get 10 points.
Market Internal kept it from breaking down and held up @2884 prior Low, then reclaimed @2888 after FOMC Minutes.
Still unbreakable in ONT.OverNightTrading going to Thursday; but has potential of breaking it when Big Brother NYSE Open.
Watch out because Lady Crude was in EOB.ExtremeOverBought and in process of cJUN Rollover.
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
Thanks Given: 281
Thanks Received: 389
Looks like 'later' than 'sooner' for retesting 2840.75 extension anchor--Bottom of Gap.
So why the heck @2900 as "unBREAKable" for so many times?
The "ambushed Bulls" were holding a "hidden Triangle" even in RTH
[2856.00-2873.50-2865.75] buABC L2865 T200%2900.75
W#15
4.08-12.2019
Was there another setup for this week?
Yep, so better to take profit and to buy on pullback again.
[2856.00-2889.25-2869.00] buABC L2882 T200%2935
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
