S&P Market BIAS and Triggers

Thank you,


It is hard to get thru to traders that Price and Momemtum
need to be on your side

So many traders trade Price or Momentum and not both

I am going to try and show how when they both in your favor
it is what truly works

However Price will always be #1 never 2nd
Momentum is a back seat driver.....lol
 
we never took out 46.50 so downtrend still is in effect

We just got the 38s, and that is a stronger area then 40s

if we break 38s we would likley hit stops again and make a move
down to 34.75 here is a pic showing it
 

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Ok so far 38 are holding

As I stated they are pretty strong level

If we are going to retest that area it will toward the end of day


That all for now

Does anyone even trade here ?
 
I guess not many trade the S&P here....LOL

Just in case someone daes we hit the daily target already
in Globex ~

We will see how the day plays out after the open range.


we should be able to push further

Watch the 1330-1328 area on the downside
 

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Quote from TradePilotPro1:

I guess not many trade the S&P here....LOL...

Hi,

I'm sure you realize there are already other more active Emini ES threads here at ET where traders are posting their trades in real-time, charts or trade journals.

Simply, the Emini ES traders here are kind'uv spread out instead of navigating to one thread.

Mark
 
Quote from wrbtrader:

Hi,

I'm sure you realize there are already other more active Emini ES threads here at ET where traders are posting their trades in real-time, charts or trade journals.

Simply, the Emini ES traders here are kind'uv spread out instead of navigating to one thread.

Mark

No Issues just like to know someone is out there ......lol

See what happend when we broke 35.50 on both sides ?

Snap a line on your chart any time frame OUCH!that was the KEY number today
 
Oh and almost forgot ........holy rally batman did you see the dollar ......... if anyone one was LQQKING

If we move up like this every day the S&P will be back to 900.....lol

Most think the market is going up cause the economy was getting better ……. NOT


Just hedging the dollar
 
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