Surprise!
Close at 2806 yesterday is < or < 2800-2810 ?
Surprise!
Close at 2806 yesterday is < or < 2800-2810 ?
It is over 2816 now. But it doesn’t matter as long as market provides movement, L or S is fine. And recently I started trading options on Emini and found it much easier to handle the movement and less hectic and more profitable. The commission fee is higher though.Hold of 2816 opens up 2788 touch
And they have to build the shoulder out for next move down
First "they" have to establish the neckline, then "they" will build the shoulder out for the next move up
View attachment 203602
Second one is brewing
Blow stops on the previous neck before the move down to 2503
Ihs happen at bottoms Not at Tops
There is a massive afternoon move brewing.