E-mini ES 2019/12/05

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)

daily chart
Always In Short (AIS) since 12/03

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)

Continue reading “E-mini ES 2019/12/05”

E-mini ES 2019/11/20

Continuation, TRI, fBO, DT, mDT, SC, fH2, 1Tail, BP, bull CH, CXT

the TRI at the LOD can also be read as a DB with a DP

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 !!

the 2BR on the daily chart triggered,  gap close with 11/14
bears got 1x their initial risk (IR) for a SE below and a “bar” stop above the 2BR

Continue reading “E-mini ES 2019/11/20”

E-mini ES 2019/11/07

Bull gap, above HOY, mDB, fL2, DT, fBO, LH MTR, fH2, L2
Trading Range day with a late bear BO

Buying Pressure just before a buy Signal Bar (green circle) and Selling Pressure just before a buy Signal Bar (red circle – a hint to wait for a 2E).

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
a weak Reversal Signal Bar for the bears

E-mini ES 2019/10/29

Continuation, fBO, 1P, DT, fH2, BX, bear CH, CXT, L2, 1tF BT

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
micro Double Top with yesterday’s TR bar
but FOMC tomorrow

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