for NinjaTrader® – Forget Squiggly Lines!
Bear gap, mid range, T1B, SC, mDT, 1CHBO, LH MTR, fH2, bear CH, CXT, H5, 1tF BT, DT, DP
can see nicely the re-test of the b2 close, which was the switch to AIL, on b14
with stop at the b1 low a risk/reward = 2 was reached just before noon
(2nd chart below)
daily chart
Always In Long (AIL) since 01/04
close above the high of last week, next gap to close is at around 2796
the high of the shallow bear CH is around 2825
Bull gap, above HOY, bull CH, 1CHBO, 1W, mW, fH2, LH MTR, fBO, TCL OS
some double top price action, a small trading range day
daily chart
Always In Long (AIL) since 01/04
bulls have a 2nd closed above the 62% retrace of last year’s sell-off (2720), follow through bar for the bulls
bears are still at the skiing resort 😉
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
Continuation, misplaced RVB, bull MC, LH MTR, mDB, CXT, SC, BB, DT, 1W, LH MTR, fH2, inv. SHS
expect a MM, if we get a failed MTR
daily chart
Always In Long (AIL) since 01/04
bulls got follow through for yesterdays breakout bar
bears might wait until the 62% retrace of last year’s sell-off (2720)
Bull gap, mid range, bull MC, BB, DT, fBO, fL2, XT, DB, bull CH, H1, 1tF EB, WfBO, LH MTR
daily chart
Always In Long (AIL) since 01/04
three pushes up (as I mentioned already Y), a RVB for the bears, probably sellers below
two times MM of the RVB projects to 2585
bulls PT at the L1=L2 MM
