E-mini ES 2020/01/08

Continuation, Opening Range, mW, fBO, mDT, DT, bull MC, 1CHBO, H2, bear CH, DT, 1IB, BP

can compare the PA to 12/31, 01/03 and 01/06
on all of those days b1 was a fBO LOY, but today that fBO happened already during the overnight session, we sold off 50 pts below LOY and made it back into yesterday’s range
B above large b1 (with a stop below) worked for a couple of legs higher

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 – one month!!

BO and close above old ATH, more up

Continue reading “E-mini ES 2020/01/08”

E-mini ES 2019/11/14

Continuation1P, 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)

daily chart
Always In Long (AIL) since 10/10 – now over one month !!

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

Continue reading “E-mini ES 2019/11/14”

E-mini ES 2019/11/12

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.