for NinjaTrader® – Forget Squiggly Lines!
Continuation, W, DB, fH2, DT, fL2, fH4, fH5
daily chart
Always In Long (AIL) since 01/04
we overshot the 62% Fibonacci retrace (2719.75) (see yesterday’s post) by exactly 18 points ;-), might be bears scaling in, bulls still could keep the gap at 2719.75 open
but bears have a micro double top (mDT) now, today closed as a small bear body
the triangle (TRI) from a couple of days ago could act as a Final Flag (FF)
Continuation, 1W, mDB, BX, fBO, fH2, fH5, bull CH, SC, CXT, WfBO, XT
daily chart
Always In Long (AIL) since 01/04
bulls got a doji as follow through of follow through, but it has a close below mid bar
bears might wait until the 62% retrace of last year’s sell-off (2720), or short the COY and above the HOY, like they did today and yesterday
Bear gap, below LOY, OR, 1fBO, SHS, 1P, SA, 1W, mW, SC, 1P, 1tF BT, fH5, fH6, TCL OS, fH2
daily chart
another attempt by the bulls to form a RVB, but it has a weak close and body
test of the TRI TL
bears PT at 3xMM of their initial risk from the BO trade three weeks ago
