ES Has Bottomed

[Buy1Sell2]

Plus the 2388.50 number also had Orderflow Imbalance, S/R , and adding the 50% retrace range from that particular daily candle increased the probability of favourable price action at that area.

Gobbledygook

 

[4pipsSake]

Gobbledygook

You need to grow up. Write some technical signals instead crystal ball gazing. Trading forums are full of clowns like you.

Someone who has posted over 13000 times surely you could surprise us with something intelligent. Then again, how could you have time to trade while posting so much crap.

 

[Mysteron]

Mr Mysteron, what one sees is what one wants to see!

A real trader does not look to see things that have happened, or that might happen, but does look to see what is actually happening!

Spot on.

 

[MrScalper]

You need to grow up. Write some technical signals instead crystal ball gazing. Trading forums are full of clowns like you.

Someone who has posted over 13000 times surely you could surprise us with something intelligent. Then again, how could you have time to trade while posting so much crap.

It is really funny..most see thousands of posts and think "wow", while a small few see the same details and say, "what a fool"

 

[murray t turtle]

View attachment 173184

Thought we were due for a bit of a correction. Then France elections put a rocket into the markets, then Trump's tax plan sent the markets higher again, plus very positive earnings coming from the US also.

Surely looking at the ES daily there has to be a nice short.

Not sure where I will enter to sell but higher the better. Daily candle bearish, double top. See if it proves itself.

Using the fibs on that big daily candle then looking at them on a 5 range chart. 2388.50 looks like a preferred short entry. Resistance during Globex 2385.

%%
Dont care to much for fib number too much, 4 pips ; but with a name like fib, what do we exspect LOL??

However 50,50% maybe a part fib number that is important; 55 used to be important untill IBD[Investors Business Daily publishes so many year$ of 50 dma -front ran the fib 55.] LOL
Rich Dennis may still use 55??
DIA looks like its downtrending ; SPY,SPXL, UPRO,QQQ,ES may make a new high in may; but like i noted earlier in week ''that sure is a weak uptrend in SPY, ES.....''

 

[4pipsSake]

Trade location I mentioned in a previous chart posts\ 2388.50 sell area has worked well again tonight to the tick. + 8 points tonight . 2 trades.

 

[MrScalper]

Spot on.

When one looks at numbers, one should realize that the total is always made up of the parts!

 

[4pipsSake]

When one looks at numbers, one should realize that the total is always made up of the parts!

View attachment 173289

View attachment 173291

Trading is all about putting the pieces together to come up with a probability.

 

[Buy1Sell2]

The board quiets in anticipation of Fed announcement(s).---1 minute charts are being cast upon numerous devicing screens as we speak---

 

[Buy1Sell2]

I will stay long for now.