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Moved my stop up too soon, but that happens. No big deal.

Out again on a break even. No more attempts to go long now. I'll wait until the next Sym Valley to see how it sets up at Noon.

Personally I would not allow this trade to become a loss now. I would move my stop up to break even. You are seeing selling from a 5 minute Bollinger Band Moving Average. If it goes above 2067.50 take the 5 points.

Has to break the 5 Minute 3x2 at a minimum to have any chance, which they just did, otherwise they will continue to sell it. All of this is based off of the 830 Sym Valley.

Here is a real high risk trade, if it comes back up buy 2062.50 and if it takes out 2059.00, you're out.

If it breaks the 3x2 and Bollinger Band Moving Average on the 5 minute chart then it will likely go higher. Right now trend traders will keep selling it until they are taken out.

Stop hit for break even trade. A 5 minute Bollinger Band was sold hard. Now will I re-enter, maybe. Looks like all they were going to be able to do was overlap the range of 830. This happens all the time, now up up and away? We'll see.

Personally I always have a 5 point target for all intra-day trades. Depending on market conditions I may have to take 3 or 4 points, and I am not shy about taking a break even trades. Right now a break even stop is in for the 830 trade.

You can see the turn was made at 830 on the Sym Valley. Now will it hold through the morning opening and continue up? Will the market break 2062.50, then follow through and continue down, or will that be an area where buying kicks in again if they get there? When trades are made always protect...

ES_6/30/16 Q Peak 900 1400...Q Valley 830 1330...Sym Peak 630 1230 1600 Sym Valley 830 1200

Nice reversal off of the 1600 Q Valley Low to new Highs which I should have known would happen in these market conditions.

I thought they might end up closing at or near the 1230 High of 2059.75. It got there and of course it was bought back, but we still have time. 1600 Q Valley set up the 1530 High and that is when some covered and started selling. 1500 Sym Peak was a classic continuance as they sold it off but it...

We have a Sym Valley Broken Sequence on the Daily today...That chart was provided a few days ago. I expect a reversal off of today's High on the Daily. Because of the Daily Sym Valley I expected the trend traders to buy the market back after the 1230 Sym Valley sell off at what ever support...

1230 Sym Valley

Here are the intraday charts for ES 6/29/16 and the Broken Sequences: Q Peak-1000, 1230 Q Valley-900, 1030,1200,1600 Sym Peak 1100, 1300, 1500 Sym Valley 1230. Check to see if I got them right and how I did it. Watch how the market trades on the time frame before a Q Peak or Valley and then...

I wouldn't be surprised if this recent 2006.00 Low during the 1130 Sym Valley 30 Minute could be near the Low for rest of the day. You will definitely see some Q Peak and Valley swings back and forth. A Q Valley Broken Sequence was the 1000 High. Should be for an interesting afternoon. 1200 is...

ES Daily from 4/4/16 to 7/1/16. if you know how to use this chart in conjunction with the Weekly you can find tops and bottoms with the Broken Sequences, and of course with the correction translation, the entire form the market would take. You can even see glimpses of it in these charts...

Intraday short covering began at a double bottom around 1530 and a break of the 3x2 at 1988, even fueled the rally more, but your downside targets were hit long before that happened. Trading with targets is always best, because we all know anything can happen.

Attached is a visual of what was just described.

1330 was a Sym Valley broken sequence again. 1430 was a Q Valley broken sequence, and according to what was written about Q broken sequences they involve 2 time bars, the one before they actually occur and the one time frame they occur on. Look at 1400 and 1430 red bar down and green bar up on...