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I have channel resistance about 97. I do not think we will break it today, but I am afraid that we will stay "glued" here, letting everybody shorting during uprun screaming. Todays upswing was very narrow, less than 10points oscillation width, it was very difficult short it correctly.

From last 10 trading days was just Wednesday trending day, all other were perfectly even chop.

In my imaginary downtrend channel we are on the resistance. We need sale from here. Go go the side in my mother language does not leave any doubts about intention what the person will do. :D

Ok, we broke in downtrend channel. it did not formed until now so I am just guessing how it should look. 1. We will test the previus bottom from downside, it will be in 93-96. 2. Resistance will hold. 3. We will sale quickly from there up to 1060 approximately. 4. From there we will...

Nice trade BA. I do not want look antiamerican but if I project my channels long term it looks to me that if we will not bounce from here really strong we can see 1000 or even 950 quicker as anybody might think.

There is 200 MA magnet at 90 ES on daily. If it will be broken and we continue, keep your hats. This is problem with airwawes types of trade. They usually works but once will come day when well loaded boat sinks. I am happy that I am not in his skin. We can just start painting vols 50-70...

Both SPY and ES are sitting now at bottom of my channells 94, 1206 They have not so "rigid" bottom, so I will say it can go 1-2 ES point lower and still consider it "bottom stopped us" but if we will go down 4-5 ES points we have break in downtrend channel. Than recent bottom should tested like...

I believe that it we will end bellow 15 we will see big red candle tomorrow (ending bellow 100)

text there is: /edited, better translation "you are not the only one" in femininum (speaking with woman). So you are not the only one there, sal.

In my charts without time bars no. Long time we were trying break top of uptrend (very mildly, similar to horizontal) channel but did not suceeded (I never saw that price was able make it - another uptrend break after previous sucesfull uptrend break. I saw just once broken downtrend channel in...

It is even better to see on SPY, 112.92 MA 100 is brick wall. My channels show that there is no more room for hesitation, we must go up or down. If I must guess than I will agree with Eko that we will go down. However I am sure that if we break from here movement will be big (30-40 ES points...

Tomahawk is correct. Or they need turn it down bellow 1100 (what will be risky because once we start slide seriously we can end few hundred points down look at may) or they should not allow third gap, because otherwise they will need push up with the tons of unwanted traders.

Short 14.50, 3 point stop.

i have same plan. This will be retest of previous bottom (=support) of channel that should be now the resistance. Problem is that current channel is very narrow, less than 15 points, and so narrow channels are not stable therefore "rebreak" up is still quite probably.

On my charts ES broke the bottom of uptrend channel but SPY is on the bottom. I do not see bulls case definitely lost if we will not go down. Problem is that we can not close gap and stay in channel. There will be another possible bottom of practically horizontal channel at 109.50 SPY. If we...

Yes. and indeed he have got 1 usuall point on bounce up to 1108.

Bottom of channel is bellow 1110 but due to large gap I will not go long above 1105. EMGs number is not that far... I will try short major bounces. Long only guys, do you averaging?

I needed about 5 years of trading until I was able avoid this mistake completely - although I knew about it. I think it is very common problem. What is bothering me in this situation is divergence on daily that is screaming down, I looked in SPY there is no such textbook example in past 20...

Requiescat in pace I will be surprised if we will get to 1107 today, what quite well correspods with bottom of my current channel. We need wait for volatility come back.

Bottom of uptrend channel is about 1105. We can test it but I do not expect it can be broken today. Channel is over 40 points wide what is normal (narrow channels those are by "flags" break way easier). I will go long bellow 1111 by slightest sign of reversal for swing long) Edit. Ah I...