Too early to tell ... best to see what's doing after 9:45 AM or so. Nothing so far indicates a fill is to be expected, imo.
Trend day down looks far more likely at this point.
ES Journal - 2019/2020
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Too early to tell ... best to see what's doing after 9:45 AM or so. Nothing so far indicates a fill is to be expected, imo.
Trend day down looks far more likely at this point.
It would be unlikely but in the fullness of time, we'll know.
Still below yesterday's close and today's cash open, and trading has been open for 30 minutes without an attempt to trade above the opening range high. So I fail to see why you would say trend down for the day is unlikely. On the contrary, it is more likely with each passing minute.
We are in an uptrend and have pulled back. This should present a strong buying opportunity today. Likely in the area we are in now.
Possible, and the last fifteen minutes have strengthened your case. But a pullback to the 2770's would not damage the uptrend. I'm neither bull nor bear, just trying to trade well for the day.
The timing and extent of the break above the session's high increases likelihood of your gap fill, buy1sell2, imo.
You say you are not either bullish or bearish but you make the bearish case for them in last few posts. Unless a strickly technical/algo trader (I am not)we all are bullish/bearish on the hour, the day. the week.
Not so ... I have a feeling that some here are bulls and refuse to entertain the possibility of even a one day pull back. Others are bears in their hearts and gnash their teeth in anger and disbelief as the market goes up day after day. I'm just trying to figure out what's going to happen in the next 5 minutes - so I am neither bull nor bear. I'm just a day trader.
That being said, 2013.50 is the line in the sand. That is where the buyer-seller skirmish for today will be fought and won (or lost).
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