Tomorrow's Chart Today-Part 2

This 1430 will be the catalyst for the reversal or a continuance to the downside. You can wait
and let the market tell you or buy it if you believe this is the reversal.
 
Crude 7/5/16...Sym Valley at 0900 is indicating a reversal and the form chart
(which is not posted) is saying to the upside until 1300. ES 7/5/16 doesn't seem
as if it will turn around until either 1330 or after 1530. 1030 in the ES will be
interesting, you may get a reaction to the upside but not sure it will hold up.
 

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30 Minute 0900 on the Crude Price Chart was an inside bar. So no surprise they take it down
and break the Low of the 0830 30 Minute. Now how will this negative trend go until
some buying comes into the market and starts reversing the trend. I still believe we're going up!
 
This Crude Oil Sym Tangent chart is showing why we couldn't get above the 5min Bollinger Band Moving Average. Still strength to the downside, but this is about over with. So this may be the time to get long with a break and close above the 5Min 3x2. Has to get above the 3x2
or they will keep selling.
 

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Total misread by me on Crude...The inside price bar at 0900 on the Sym Valley
was a continuation, and not a buy. Of course anyone reading this would say duh
no kidding. We did see the reversal and reaction on the ES 1030 Sym Valley.
 
Targets already hit on the ES short from 74.00 and Long on Crude from 46.16. All you
have to do is view the charts and it should be obvious why a short was in order on the
ES and long for Crude. I am done for the day.
 
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