for NinjaTrader® – Forget Squiggly Lines!
Continuation, 1P, DT, mDT, mW, FF, bear CH, fL2, 1CHBO, 1Tail, bull CH, mDB, SC, BT
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
yesterday’s H1 buy triggered just before the close
today is the Entry Bar for the H1 buy
bulls could close the EB above HOY, also the highest daily close ever
Continuation, T1B, 1Tail, FF, SHS, bear CH, 1TL, fBO, mDB, DB, mDT, 1CHBO, LH MTR, BT
A lot of Buying Pressure (Buyers on the close of the prior bar) in the bear CH from the HOD/SHS. But still, need to get out, if a MTR forms. Here a LH MTR.
We formed a nice RVB right at support (daily BT level – blue circle) for a nice move into the close and a test of the OOD. It became the LOD.
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
daily chart
Always In Long (AIL) since 10/10
we made it to 3100, weak Entry Bar for the H1 buy
Breakout test of the swing high from last week (blue circle)
Bears see 3rd push above the Trend Channel Line (blue line)
A lot of lines and comments on today’s chart. Here is the “naked” version of it, with just the indicators applied.
Bear gap, mid range, SC, 1CHBO, H3, DB, mDB, BT
Bulls from the stop entry above the RVB at the LOD took profits at 1x IR and 3x their AR (see measured moves).
The Support and Resistance – Breakout Failure Tick indicator gave nice heads up just before the turning points.
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
daily chart
Always In Long (AIL) since 10/10
2nd bull bar, another test of the gap we closed yesterday
H1 buy Signal Bar for the bulls, shaved close = urgency
just below 3100 round number
Bear gap, mid range, DP, DT, mDT, WfBO, LL MTR, SC, 1CHBO, BT, DT, bear CH, BP
Some Selling Pressure just before a the DT/mDT on bar 5. Only lmt C sellers got a 10 point fill just before the news hit on bar 7.
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
daily chart
Always In Long (AIL) since 10/10
weak Entry Bar for the bears
we closed the gap with Wednesday
Bull gap, above HOY, mDT, bear CH, 1IB, 1CHBO, 1W, DB, DP, WfBO
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
daily chart
Always In Long (AIL) since 10/10
Bears might see a small XT at the TCL (see below chart) from the weekly and daily charts
