for NinjaTrader® – Forget Squiggly Lines!
Continuation, fEB, opening range, fBO LOY, 1fBO, fH2, DT, L2, HL MTR
the HL MTR was a spot on retest of 5 x IR, 5 x the MM of the 12/12 SB
(see other post from today)
daily chart
Always In Short (AIS) since 12/06
bears see a BP of the old low of the year (2530)
bulls might see a fBO SB, but it has a bear C, also 8 bars down
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
Bull gap, mid range, T1B, fEB, mW, 1W, mDB, fBO LOY, BX, bear MC, 1CHBO, CXT, fL3, fL4, HL MTR
still a wide bear channel, bears sell strong bull closes near the CH TL
two sided trading
daily chart
a close below the last 4 bars, not a good sign for the bulls
we might go below the low of last week
Bear gap, below LOY, fBO LOY, 1fB1, BT, DB, DP, test EB, SC, fL2, BT, HL MTR, XT, mW, LH MTR
daily chart
bulls managed to keep the gap with Wednesday open -> bull strength
Bear gap, below LOY, fBO LOY, mDB, MC, 1P, 1CHBO, SC, XT, BX, DT, doji TT
poss. TT by loss of momentum
watch out for several consecutive dojis in a trend, it often terminates it
daily chart
more bear PT around the MM I mentioned Friday
DB or a HL for the bulls, but also an OB
