for NinjaTrader® – Forget Squiggly Lines!
Continuation, T1B, BO, FF, TRI, fH2, mDT, fH3, XT, BT, mDB
The Buy Sell Pressure indicator had three buying pressure signals during the opening drive and the following pullback.
Also it would have kept you out of that short 10 bars before the close, showing buying pressure before a bear signal bar.
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 today
2nd push up for bulls, but stalling at the August TR high and EMA
Continuation, WfBO, LL MTR, TRI, fL2, 1CHBO, DT, mDT
daily chart
Always In Long (AIL) since 08/29
Buyers Below LOY
bears, who took the stop entry below Thursday’s DT/RVB, took profits at IR=1
bulls tried to trap them on Friday just above their IR=1 target (see yesterday’s post)
Continuation, Opening Range, fBO, fH2, bear CH, CXT, WfBO, L2, 1CHBO, TRI, SX, fL2, 1tF EB, BT
bears had a decent sell off just after lunch, but some die hard bulls trapped them just above the IR=1 target (see MM on 5 min chart)
daily chart
Always In Long (AIL) since 08/29
a decent Entry Bar for yesterday’s bear RVB
still AIL though
Continuation, DB, DT, DP, XT, TRI, mDT, 1W, 1Tail
FOMC report
we bounced off the breakout test of a signal bar from the daily chart (dotted line)
at that level was also a bear target from the sell below the mDT on the daily chart
the profit taking by the bears and buying by the bulls was so strong, that bulls managed to close the gap with Friday
daily chart
Always In Long (AIL) since 08/29
Outside up bar and a H2 signal for the bulls
although high in a trading range and just below the ATH
Bear gap, below LOY, WfBO, TRI, fL2, XT, bull CH, mW, 1tF EB, shallowest trend lines from yesterday
daily chart
Always In Long (AIL) since 07/01
Outside up, breakout test of June high
probably buyers above