E-mini ES 2019/06/21

Continuation, Opening Range, misplaced RVB, 2fBO, 1tF BT, XT, fBO, fH2, L1, mDB, DB, SHS, DT

a couple of nice strengtheners from the Buy Sell Pressure indicator
check out the red and green comments on the chart

daily chart
Always In Long (AIL) since 06/04
bears got a signal bar for a fBO of the ATH, but it’s overlapped 2/3rds by the prior bar, which is a TR  bar
aggressive bulls buy lmt C as they expect it to fail

Continue reading “E-mini ES 2019/06/21”

E-mini ES 2019/06/10

Bull gap, above HOY, Opening Range, misplaced RVB, bull CH, fL2, mDT, L2, WfBO

daily chart
Always In Long (AIL) since 06/04
a weak bear RVB (almost no body and no close below the prior bar’s close)
aggressive bulls see a BT of the HOY and B lmt C
they also B the 1st weak bear close after 4 bars up

E-mini ES 2019/06/07

Bull gap, above HOY, Opening Range, misplaced RVB, 1P, mDB, II, SC, 1W, H3, fH3, 1tF EB

b1 is a possible misplaced RVB at the high of yesterday’s range a TR bar
but after the very strong BO on b2, the fBO signal on b3  is probably too weak, despite being a shaved close RVB
if you take it, you need to look to exit after the failed EB on b4 and the mDB with that on b5

the 1P for the bulls on b4 is also weak and needs some strengthening, which came with the mDB on b5

daily chart
Always In Long (AIL) since 06/04
more BO for the bulls, 4 bars up, expect buyers below the prior bar scaling in lower for at least a 2nd push up

 

Continue reading “E-mini ES 2019/06/07”