for NinjaTrader® – Forget Squiggly Lines!
Continuation, LH MTR, fH4, bull CH, 1CHBO, BP, H2, H1, SC, L1
because of the bull CH from late yesterday, bears got out after two weak pushes down from the LH MTR at bar 1
daily chart
Always In Long (AIL) since 01/04
Follow Through bar for the bulls
but also a possible failed H2 for the bears and a lmt C short near the EMA and a prior Lower High (12/19) in a bear trend
we might try to fade the 12/19 outside bar (go above, before we find Sellers/Profit Taking)
Bull gap, mid range, 1P, H1, BT, BP, fL3
daily chart
Always In Long (AIL) since today
bulls closed back into the TR from last year (above 2530.25)
bears S at the EMA, a fH2
the RVB on the weekly chart triggered, a fBO of the TR low
Bear gap, below LOY, 1Tail, SX, mDB, DP, HL MTR, DT, fEB, bear CH, BP, L2, XT
daily chart
Always In Short (AIS) since 12/06
we took out the April low and reversed just above the low of the year
two nice reactions at the MMs (2x and 3x MM) of the SB from 12/12, where some bears took profits
Bear gap, below LOY, fBO LOY, 1P, 1W, BT, fH2, L2, mW, BP, DT, fH1, mDT
wide bear CH, see also 12/07 comment
daily chart
Always In Short (AIS) since 12/06
follow trough (FT) for Y entry bar, bulls could prevent a close below 2600
Continuation, fBO HOY, SC, 1P, BP, BT, fH2, L2, 1CHBO, 1tF BT
spike & channel, DO NOT buy possible reversals above bars or a HL, they will all eventually fail in a bear CH, take shorts near the CH TL or above swings
if you want to take counter trend trades B below the LOD and scale-in
to break a bear CH bulls need to take out at least TWO LHs (like they did just before the close) – and then we’re only in a TR from which you can have a BO, up OR dn
daily chart
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