ES Journal - 2016

Yes , I can certainly see where the hourly bar ending at 2 PM suggests upside. I'll need more confirm to reverse my short position or to take a swing trade long.
 
I believe this is a bounce in a bear as we got barely through the significant low of fall 2014 and then rocketed up this afternoon. --This is short covering in my view. My long term stance is bearish based on technical indicators coupled with price.
 
trendie attempt
 

Attachments

  • 12016.png
    12016.png
    362 KB · Views: 102
You must log in or register to reply here.
Back
Top