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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.

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E-mini ES 2019/11/11

Bear gap, mid range, SC, 1CHBO, H3, DB, mDB, BT

Bulls from the stop entry above the RVB at the LOD took profits at 1x IR and 3x their AR (see measured moves).
The Support and Resistance – Breakout Failure Tick indicator gave nice heads up just before the turning points.

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
2nd bull bar, another test of the gap we closed yesterday
H1 buy Signal Bar for the bulls, shaved close = urgency
just below 3100 round number

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E-mini ES 2019/11/08

Bear gap, mid range, DP, DT, mDT, WfBO, LL MTR, SC, 1CHBO, BT, DT, bear CH, BP

Some Selling Pressure just before a the DT/mDT on bar 5. Only lmt C sellers got a 10 point fill just before the news hit on bar 7.

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
weak Entry Bar for the bears
we closed the gap with Wednesday

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E-mini ES 2019/10/30

Continuation, fBO, mDT, fL2, DB, DP, BT
FOMC report

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
Breakout Test of the September high

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E-mini ES 2019/10/23

Continuation, fBO, XT, DT, HL MTR, fH2, BT, BP

Bears tried three times to sell off, but failed the 2nd and 3rd time right at the LOY. The two failures to go lower, a large DB right at the LOY, was a strong statement by the bulls.
Nice Selling Pressure (Seller on the close of the prior bar) in the Channel down though (red boxes).

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
failed Entry Bar for yesterday’s bear Signal Bar, Breakout Pullback buy from Friday’s H1 buy just below the ATH