E-mini ES 2020/01/13

Bull gap, mid range, Opening Range, 1fBO, fL2, H2, BT, mDB, H4, 1tF BT

Some nice reactions at the S/R from the daily chart. Once we broke above the highest daily bull close (light pink area), that became support and we got a bull tend into the close.

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 12/06

Aggressive bulls bought the Breakout Test of the high of last week
we couldn’t even close the gap with the COY

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E-mini ES 2020/01/09

Bull gap, above HOY, Opening Range, 1fBO, 2E, H2, H3, FF, WfBO, 1P

Every new high of the day was a Tick Failure Breakout (red circles) of the Opening Range. Use the Support and Resistance – Breakout Failure Tick indicator to show that.
Sellers all day at the TCL from the daily chart, but we closed above at the end of the day.

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 12/06

Follow Through for yesterday’s Breakout Bar

Continue reading “E-mini ES 2020/01/09”