for NinjaTrader® – Forget Squiggly Lines!
Bull gap, above HOY, bear MC, 1TL, mW, 1W, bull CH, fL2, 1tF BT, 1P, 1CHBO
FOMC report
daily chart
Always In Long (AIL) since 01/04
bulls BO above last weeks high and closed above, but Srs near the 12/12 swing high, which was a LH in the bear trend from last year
bears see DT with 12/12 LH
Bull gap, above HOY, 1W, W1P, fL2, H2, DB, DT, 1tF BT, bear CH, L2
there were probably sellers in the ETH at the 12/13 gap price, the magenta line (also the 50% retrace of the bear move from the ATH)
RTH opens above the gap price and those sellers probably bought back their shorts
daily chart
Always In Long (AIL) since 01/04
more up, but close just below the high of the Entry Bar (12/13) from the 12/12 LH,
classic location for sellers (Entry Bar highs and lows are support and resistance as well – 1tF EB), check out the numerous examples on the 5min chart
Bull gap, above HOY, 1P, fL2, XT, HL MTR, 1CHBO, CXT, bull CH
LOD was probably the 1W from the 1P
the 1P was right at that 38% retrace (see below and comment on chart)
daily chart
Always In Long (AIL) since 01/04
gap close, bears see L2
we closed below the 38% retrace of the range of the last year
a bear bar tomorrow forms a 3BR with yesterday’s bar
Bull gap, above HOY, bear MC, CXT, bear CH, fH2, SC, mDT, L2, DT, DB, 1Tail, DP, XT
bear micro channel at the open (b2-b5), b8 is a CXT in that MC (going above b3 and reversing), the move dn from that formed the bear CH
the DB at the low of last week probably was trend termination for the bears
daily chart
Always In Short (AIS) since 12/06
we need to Close above yesterday to become Always In Long (AIL)
failed EB for the bulls, but some buying at the low of last week
bulls need some more juice tomorrow
Bull gap, above HOY, OR, SA, 1tF EB, L2, 1tF BT, fH2, DB, DP, fBO, fH2, XT, HL MTR, bull CH, 1TL
daily chart
bear body with shaved open near resistance, weakness for the bulls
also sellers on the closes of the bull bars in the bull spike from last week (I mentioned that already earlier)
also sellers at 2800 round number
