If you are wondering where the Yearly A down is in the ES....1742.
DX has confirmed a monthly A down but still holding above the QTR level. Since it failed the monthly A up in such dramatic fashion I've been hesitant to touch it. NL is still positive at +6.
Is this one of those situations where it's best to leave things alone for a while now that the "easy money" has been made? I have a note in my ebook about things tending to get choppy after big moves due to everyone and their brother now trying to get in on the action.
What time frame do you want to trade?what OR time is appropriate for US futures like ES, YM, TF, etc?
What time frame do you want to trade?
If you day trade, you don't want to wait for an hour to pass before you enter your first trade.
If you swing trade like I do, the first 5, 10, 15 minutes are quite meaningless.
A few Sunday night broad market number lines and their respective monthly, quarterly and year-to-date performance.
GLD had a monthly and weekly A up on Wednesday. I’ll be watching for a numberline confirm.
IYR had a monthly A up on Tuesday and kept some distance from the 69.91 weekly A down. The shorter term number lines could confirm this week.