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E-mini ES 2019/04/16 #ES_F #emini #sp500 #spx

Bull gap, above HOY, Opening Range, 1P, DT, WfBO
LOD was at the shallowest trend lines from yesterday

daily chart
Always In Long (AIL) since 03/29
3rd trend channel line (TCL) overshoot and another close back below the TCL
bears need a close below Monday low to switch to Always In Short (AIS)
bulls bought with lmt orders at the steep bull trend line, probably more up

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E-mini ES 2019/04/12 #ES_F #emini #sp500 #spx

Bull gap, above HOY, Opening Range, 1fBO, fH2, XT, DB

a perfect OR, trapping bulls into longs, who think b2 is a breakout bar and b3 a follow through bar, see more here: https://www.priceactionindicators.com/2018/08/21/the-opening-range/

the breakout spike could be sell a climax (SX) as well and LOD the 2nd fBO of the low of that SX, trading range day
the 2nd half of the day we fought about the close of the daily bar (a 3pt range around the OOD)

daily chart
Always In Long (AIL) since 03/29
3rd trend channel line (TCL) overshoot up here, but close above the TCL
probably more up, if bulls get a FT bar
bears need a strong breakout with a close below the TCL, to make that TCL overshoot work

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E-mini ES 2019/04/05 #ES_F #emini #sp500 #spx

bull gap, Opening Range, 1fBO, bear CH, CXT, fBO, SC, bull CH
buyers of the 1fBO (the breakout test of HOY) needed to wait until one bar before the close to get 2x their Initial Risk (IR)
trading range day

daily chart
Always In Long (AIL) since 03/29
buyers above the inside bar (IB), breakout pullback of last week high
round number 2900 looming