I Spy Double Bottom, Oversold Condition Long

CME_MINI:ES1!60

E-mini S&P 500 FuturesCME

Description

⋅ Mar 4, 2021 3:12 AM

Read the chart.

Not investing advice

Trade at ur own risk, GLTA!

Comment

⋅ Mar 5, 2021 12:04 AM

LOL got an aborted liftoff; try again soon IMO!

Comment

⋅ Mar 8, 2021 10:53 PM

stalled at 3880 tl; headed lower again imo

Comments

hungry_hippo

⋅ Mar 4, 2021 5:13 AM

Indicators on hourly charts don;t work well for futures, try 3 hr chart

DaddySawbucks

⋅ Mar 4, 2021 11:59 PM

@hungry_hippo, LOL surprise! I didn't see it coming, went to lunch for an hour, omg look! LOL
I made out on the bounce heh. probly close to end of the bear move for now...

hungry_hippo

⋅ Mar 5, 2021 12:19 AM

@DaddySawbucks, not until 10Y yields hit 2%.

indicators don't matter when yields keep rising,

poister198

⋅ Mar 4, 2021 3:24 AM

Hope the correction persists all the way till 3600 demand zone

DaddySawbucks

⋅ Mar 4, 2021 3:26 AM

@poister198, It's possible, but won't ever go straight down. Might get a waterfall next week.

unicow

⋅ Mar 4, 2021 3:17 AM

Really? You think it goes up from here?

DaddySawbucks

⋅ Mar 4, 2021 3:24 AM

@unicow, I do not know what it will do next, just saying it is oversold condition at a double bottom. probly another Bear Trap IMO