E-mini ES 2021/08/12

Continuation, T1B, mW, mDB, DB, H2, bull CH

Yesterday’s b79-81 triple IB (III and W) is the last reasonable SB from yesterday and today’s b1 is the EB for that. I have a theory, that if we open below near the SE price of that reasonable SB from yesterday, one can short the OOD (and put a stop above the W),  especially if the OOD isn’t too far away like today.

daily chart
Always In Long (AIL) since 07/21

Breakout above ATH

 

E-mini ES 2021/08/10

Continuation, W1P, WfBO, W, mDT, fH2, XT, bear CH

we needed two days to fade the bear spike at yesterday’s open (spike & inverse channel)

daily chart
Always In Long (AIL) since 07/21

bears see a 2nd short at the TCL from two weeks ago
bulls see another breakout test