Horizontal consolidation means what?
Continuation, mostly likely.
Continuation, mostly likely.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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gap in sps did not close by 2 points...in this game nothing is 100% exact...to me it closed the gap.... done deal .. Also, what is the consistency of gaps being filled whether it is gap up or gap down from the previous close to the open...how consistent is the strategy
Anyone seeing a bull flag here?
Confirmed spike and ledge.
Short squeeze only for 3 days into this level.
Short squeeze only for 3 days into this level.
very discretionary, will get out if i see reason but this is what ive been waiting forIs this a retracement or reversal? It seems to me it looks like neither.
If this is a reversal, I would say it is certainly a rare kind of reversal. It is just so slow and so gentle.
If this is a reversal, I would say it is certainly a rare kind of reversal. It is just so slow and so gentle.
It is not rare at all.
The gap below not closed so far gave it out already.
Today has most of the trend buy day quality.
Gap up not close. Open range breakout upside. etc.
So closing the gap may not be a high probability setup, yet.
Gap up not close. Open range breakout upside. etc.
So closing the gap may not be a high probability setup, yet.
What I mean rare is to describle the temp and pace of price movement in a reversal situation, not about gap closing.
Can you find another reversal example that after 2 hours of "reversal", the price still stands at ca. 50% Fib level?
Certainly I can't recall such an example now.
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