Triangulating. Those highs keeps getting sold. Lunch hour, so might not mean much. Let's see if the mid-range still holds up.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Usually choppy on a range bound session or following a larger move. Next major leg usually comes later in the session on a day like that.
Reversed off the mid-point almost to the tick. Technical trading.
Absolutely. Nearly every trading day. Pull up a 5 minute RTH chart and look at volume.
Decrease from the open, dry up (in context) through lunch, and increase into the close.
This pattern repeats nearly every day. Infrequent, some might consider rare exceptions occur.
If you want to debate the value of volume, that is a different topic. Simply, increasing volume = increased range of movement.
Fully correct.
So, eventually we're going to see a move out of this range. It may not happen yet, but it looks like someone wants the current 30 minute bar to close green at the highs.
So, eventually we're going to see a move out of this range. It may not happen yet, but it looks like someone wants the current 30 minute bar to close green at the highs.
The market does want to go higher today, doesn't it?
With + 2,87 % already, the question is how high can we go?
With + 2,87 % already, the question is how high can we go?
The biggest high % reading on ES so far this year is around 3.2 %.
3720 is 3.35 %. So, definitely pushing it in terms of what's "normal".
Will pay attention to what happens at the HOD, but this looks good to the upside from my POV.
EDIT: Calling it a day here. Too risky either side, IMO.
3720 is 3.35 %. So, definitely pushing it in terms of what's "normal".
Will pay attention to what happens at the HOD, but this looks good to the upside from my POV.
EDIT: Calling it a day here. Too risky either side, IMO.
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3720-3725 sounds about right to me.