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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
1440M and 5UniRenko Charts from my mentor at StructuralTrading.com
Fibs don't lie @3350 but WHY ask WHY @3357.75 exactly?
The answer was in 10M Intraday Chart from WED's next Measured Move [3288.25 3331.25] 38%L3314 T-62%3357.75 hit as THU's ONH
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
W#04
2020 JAN 20-24
MON Martin L. King Jr. Holiday
WEEKLY Chart for Projected Target(s) of Inverted H&S T1@3377
IF there is selling... then watch out for NeckLine @3100ish as retesting ptBO
ELSE could be Inverted H&S T2@3717 in the making.
Note:
Selling …
WEEKLY Chart for Projected Target(s) of Inverted H&S T1@3377 is still intact.
2020's 2ndTIT[@3069.50-3337.50] 38%L3235T3400ish is in play using same @3069.50 anchor that retested second time on MON FEB 03 @6:10 pmET reOpen.
480M Projection Chart
Move trailSTOP up depending on preNFP price action, but
Keep 1RunnerL3223 until mid-March for Quarterly Rollover, if at all possible.
What's the problem?
10M Intraday for algoDUET traded THU [3357.75-3340.50] T127-141%3333!hit.LOD as beCypher.ptC to ptD where it has been holding down @3349-52 all day and all night, yesterday. Oh oh, potential H&S?
postMlyNFP updated:
Yoyo up and down just trying to fill Top & Bottom of Gaps... see better in RTH 5M and 15M Charts.
Will see if SUN reOpen with continuing selling or not.
ShadowTrader Video Weekly
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
W#04
2020 JAN 20-24
MON Martin L. King Jr. Holiday
WEEKLY Chart for Projected Target(s) of Inverted H&S T1@3377
IF there is selling... then watch out for NeckLine @3100ish as retesting ptBO
ELSE could be Inverted H&S T2@3717 in the making.
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#07
2020 FEB10-14
No major events
OpEx 3220>3325<3365
WOW, OpEx T3365 hit within 24 hours from SUN reOpen!
WEEKLY Chart for Projected Target(s) of Inverted H&S T1@3377 was within 2 points yesterday, but no cigar...
Going to the MOON with 1Runner left for Quarterly Rollover.
BTFD was there to lift it up again... Hmmm, the multiple setups were there as shown on chart. It's not IF but WHEN? T3400ish likely hit as long as @3300ish LIS is holding up.
Updates:
YAHOO! Limit order for [email protected] filled to-the-tick, WED morning.
No more buyers? Not until bears let go of 9:40amET RTH Hammer candlestick... until then tight up stopLoss for Intraday Long positions.
SHHHH!
By 6pmET reOpen, the musical-chair stopped? or the recipe "M" for Murder is being served?
Whatever it was... algoSELL is running during Asian and European sessions.
Therefore, monitor for a continuation of selling or NOT during NYSE session, especially @3337.50 prior High--see much better in 90M Chart.
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
W#07
2020 FEB 14 FRI
OpEx T3420?
... from previous statement of WEEKLY Chart for Projected Target(s) of Inverted H&S T1@3377
... to revising statement for current tradePLAN as follows:
Quote from my first mentor: "The lack of safe investment alternatives will continue to bring new international buyers into the US market.
The dip buyers will continue showing up to slow any decline. At the same time, sellers will continue fighting for the index to make new highs — again."
It's up to us to place the necessary hedgeShort position(s) using safeStopLOSS as Risk Management that almost always giving 10 points in profit to fund the stop-loss.
Notice that chasing from the last two dips would have to be 20 points between the last candle low to the next candle as lower high.
It's up to OpEx Players to make their moves for T3420 today!
Nope, no BO of @3384.75 YH during RTH but BTFD buyers again at another Long setup near EOD.
Note:
TUE & WED Fed Chair Powell Testifies
FED announces that they are cutting REPO and the markets are starting to sell off, but still holding up @3357.75 prior High, yesterday. https://www.screencast.com/t/6bxXO7q0R
Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
