E-mini ES 2019/11/21

Continuation, bear MC, 1P, CXT, DB, DP, DT, H3, mW, fBO

small TR, more profit taking by the bears from the daily chart at 94

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 !!

more bears PT at 1x their initial risk (IR) for a SE below and a “bar” stop above the 2BR

Continue reading “E-mini ES 2019/11/21”

E-mini ES 2019/11/19

Continuation, mDB, bear MC, L2, 1CHBO, FF, fBO, bull MC, DB, HL MTR, fL2, bull CH

despite the good buying pressure (shrinking bear bodies with increasing lower tails) at the LOD, the move off of the DB HL MTR was only a weak bull CH and didn’t make it to the target, which would have been the high of the bull MC (the prominent LH)

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 !!

1st bear close after seven bull bodies, not a short yet
we’re still “Always In Long” on the daily chart

Continue reading “E-mini ES 2019/11/19”

E-mini ES 2019/10/17

Bull gap, above HOY, Opening Range, fBO, DT, bear MC, 1CHBO, WfBO, LL MTR
a couple of nice reaction at MM from yesterday and from the OR

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
fBO Signal Bar, Close below mid bar
3rd push up from the RVB a couple of days ago

E-mini ES 2019/08/21

Bull gap, mid range, Opening Range, bear MC, 1IB, fBO, 1tF BT, DT, DB
FOMC report, small Trading Range day

Nice confirmation from the BuySell Pressure Indicator and the 5 tick failure on the fBO of the Opening Range.
The three higher time frames (15, 30 and 60 minutes) had trading range bars for the 1st bar. This might have been an early indication to look for fBO at the extremes of the day.

daily chart
Always In Long (AIL) since 08/19
another attempt to close that gap with the 08/13 close

 

E-mini ES 2019/07/23

Bull gap, above HOY, bear MC, inv. SHS, HL MTR, XT, LL MTR, DB, DP, 1P, BP, SC
bulls draw a Fib from the H of b1 on the 5min chart to the Friday low and B the 38% PB (see daily inset)

daily chart
Always In Short (AIS) since 07/17
the DB triggered above HOY, the EB didn’t make it above Friday’s high
this is the 2nd open gap, yesterday was the 1st