for NinjaTrader® – Forget Squiggly Lines!
Continuation, T1B, 1P, BT, FF, mDT, bear MC, mW, HL MTR
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
BO to a new ATH, but tail on top, some PT
Bull gap, above HOY, bull MC, 1P, BT, XT, mDB, SHS, L2, LH MTR
bull CH, bear CH and LH MTR on the re-test of the gap price (3150.25)
there was also nice Selling Pressure at that price (shrinking bull bodies in a bull move and a 5tF), the 2nd red circle
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
gap close, 2nd push up from Tuesday’s RVB
Continuation, fBO HOY, T1B, 1Tail, mDB, SC, 1CHBO, fH2, mDT, DB, H2, BT
Trading Range day, almost an Inside Bar on the daily chart
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
from yesterday – “weak EB for yesterday’s bull RVB”
some disappointed bulls PT above yesterdays EB
also IR / reward = 1 for Tuesday’s RVB was just above HOY (blue circle)
Continuation, T1B, 1P, fEB, SC, 1CHBO, inv. SHS, DB, HL MTR, XT, BT
bear spike and channel
the 1st B on the RVB at bar 8 occurs right after a sell climax (the largest bear bar of the day), a reasonable buy despite 7 bars down before
but watch out for a failure of the bulls and exit your long, if that happens, here we got a 21 tick failure and a close just below the bear TL on the EB for that RVB
bulls exit at the close of the EB and bears S that lmt C
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
Bear BO, gap close, probably get FT down
Bull gap, above HOY, H2, mDB, DT, BT, DB, WfBO, HH MTR
Bulls B a 50% PB of the gap
HH MTR, but bulls got a DB and resumed into the close
E-mini S&P 500 Future 5 min chart (trend lines, arrows and boxed text drawn by hand)
Follow Through for yesterday’s Entry Bar
Breakout above the ATH and a Close above