The ER2 Trading Journal

[trade_4_living]

Did a little shifting in the chart to match the forecasted and the actual chart for yesterday. Without the after hour data, it also forecasted to go lower, the trading range is also very narrow (4 points).

It seems to me a consolidation and possible accumulation day for tomorrow.

 

[trade_4_living]

Based on the weekly chart forecast, we have no Santa, clearly the program doesn't know we have a Christmas.

 

[trade_4_living]

Not sure how many of you check divergences often during the day, I do. Today, ER2 had some major divergences.

 

[trade_4_living]

Stochastic divergences for the past 30 days:

 

[trade_4_living]

RSI divergences for the past 30 days:

 

[trade_4_living]

What a ride so far this morning. Time to take a break.

 

[trade_4_living]

61.8% retracement from LOD 650.3

 

[trade_4_living]

Next resistence is 655.9.

 

[trade_4_living]

Possible top for now for a break:

 

[trade_4_living]

Break the center of this bullish channel could be bearish or if this channel holds, it can make a nice break.