for NinjaTrader® – Forget Squiggly Lines!
Bear gap, mid range, bear CH, mW, 1CHBO, fL2, L2, SC
nice selling pressure on the 1CHBO
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
BO below the TR of the last couple of days, bears need a FT bar
new low of the month, but BB and the month closed off of the lows, but below the open
Bear gap, mid range, 1P, DT, DP, WfBO, fL1, fL2, BP, BT, HL MTR, fEB
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
Double bottom with Monday, but no close above HOY
Bears see a mDT with Wednesday
Bull gap, above HOY, fBO, SX, DB, mDB, 1P, mW, H2, WfBO, BT
the daily EMA was nice support, like yesterday
just take the price from the prior day and draw a support/resistance zone on your chart before the open
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
Breakout pullback short SB for the bears, probably Srs on the close
1st bear close below the EMA since a while
over 300 pts of profit on the daily chart since the last buy at 10/14
Bull gap, mid range, fBO, 1P, FF, 1tF EB, WfBO, DB
Bar 1 is a fBO HOY, but it failed because of it’s small body
a good RVB should have a body of at least 1/3rd of it’s range, this one had less than 1/4th
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
Bull BO bar, Close above the EMA, but not back into last weeks range
Bear gap, below LOY, Opening Range, mW, WHL, DB, fL2, 1tF BT, DT, H2, L2, CXT
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
Buyers at the gap close and the TL from the October low
but weak close