E-mini ES 2019/03/11 #ES_F #emini #sp500 #spx

Bull gap, above HOY, T1B, BB, 1P, H2, SC
one can see nicely bulls taking profits at the multiples of their initial risk (1, 2, 3 and 4xIR) of the 1st buy below b3 (with a stop below b1)

daily chart
Always In Short (AIS) since 03/07
from Friday’s comments
“nevertheless today can be the 1CHBO (1st counter trend breakout in a channel, which is about to fail) in the spike & channel bull from the beginning of the year
today is a strong entry bar for that, but stopped right at the breakout test of the IOI

 

E-mini ES 2019/03/04 #ES_F #emini #sp500 #spx

Bull gap, above HOY, bear CH, 1P, fH2, BP, FF, XT, BT
the future has a range of 50.5 points, which means some bears short HOD and were able to take profits at 50pts

daily chart
Always In Long (AIL) since 01/04 (still)
might be another expanding triangle here, typical PA for a CH
some bulls might B around the LOY, or the 02/21 gap (2775)
bears see a DT

Continue reading “E-mini ES 2019/03/04 #ES_F #emini #sp500 #spx”

E-mini ES 2019/03/01 #ES_F #emini #sp500 #spx

Bull gap, above HOY, mDT, 1Tail, 1P, CXT, bear CH, 1W
trading range day
sellers at the OOD took profits right at 16 points 🙂

daily chart
Always In Long (AIL) since 01/04 (still)
like I mentioned yesterday “I’d expect more bears to short above the entry bar (02/26 high)”, the OOD was 1t higher
also sellers a bit higher at the open of the week (which is also right at the LH from the wide bear CH)
bulls could not close the week as a bull body, this weeks PA resembles a double top, some bears might short the close

 

E-mini ES 2019/02/25 #ES_F #emini #sp500 #spx

Bull gap, above HOY, DB, DT, fH2, LH MTR, 1IB, bear CH, 1tF BT, L2, mW, mDT, 2E

daily chart
Always In Long (AIL) since 01/04
failed breakout of the last lower high of the wide bear CH I mentioned here
expanding triangle (XT ) and stop entry short for the bears with the low of the XT as a target
the wide bear channel does not break, unless we go above the next lower high

 

E-mini ES 2019/02/05 #ES_F

Bull gap, above HOY, bull CH, 1CHBO, 1W, mW, fH2, LH MTR, fBO, TCL OS
some double top price action, a small trading range day

daily chart
Always In Long (AIL) since 01/04
bulls have a 2nd closed above the 62% retrace of last year’s sell-off (2720), follow through bar for the bulls
bears are still at the skiing resort 😉