E-mini ES 2019/08/14

Bear gap, mid range, bear CH, 1IB, 1W, fL1, L2, 1CHBO, BT, DB

b8 can be a Signal Bar for a 1W (b1, b4 and b8 – although I’d say we’re in a bear CH at that time and reversals probably fail)
b8 triggered on the wrong side, which makes it a TR bar
then bulls BB b8 (on b9 to b11) and bears SA b8 on b13

the 1CHBO (with nice selling pressure at the 2nd entry) at lunch time is another nice example, not to expect a bear CH turn into a  bull trend too soon, read more here

daily chart
Always In Short (AIS) since today
BO below the mDT/DT, but no BO below the low of last week
aggressive bulls probably B the close and scale-in lower (strong close near the low of a possible TR can mean bear exhaustion)

 

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