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 2019/02/19 #ES_F #emini

Bear gap, mid range, T1B, SC, mDT, 1CHBO, LH MTR, fH2, bear CH, CXT, H5, 1tF BT, DT, DP

can see nicely the re-test of the b2 close, which was the switch to AIL, on b14
with stop at the b1 low a risk/reward = 2 was reached just before noon
(2nd chart below)

daily chart
Always In Long (AIL) since 01/04
close above the high of last week, next gap to close is at around 2796
the high of the shallow bear CH is around 2825

E-mini ES 2019/02/08 #ES_F

I left early

Bear gap, mid range, mDT, WfBO LOY, LL MTR, bear CH, 1CHBO, L2, DT, bull CH
bull CH from fBO LOY tries to close the gap

daily chart
Always In Long (AIL) since 01/04 (for now, a close below LOY would be AIS)
buyers below LOY, some bears took profits below yesterday’s weak entry bar
bulls try to close above the OOW to have bull body on weekly chart