ES Futures setting up for an explosive week! In light of the fed meetings last week among other international nuisances, we saw a whipsaw last week in the S&P 500 . Multiple things came to fruit though, and I believe the S&P500 is gearing up for an explosive move up. First of all, we had a break below and test of the 50day moving average, which failed to move...
As you can see gold has broken out, and I took a position after 1st 4 hour candle. The break out happened on good volume. This is a very simple set up. It doesn’t get much easier than this! Written with assistance of Grammerly software
I have decided to take position in Gold (GC). Reasons: - following nicely down channel (Yellow lines) - Indexes are running hot!! - top yellow trendline show very good resistant properties. Down channel show okay support, not great. this means well that it could continue below this support. - 0.50 fib is show resistance and 0.50 is important fib line. - decent...
This is reason for pullback in more diagram form. I am short from 3902. I took more large position because of potential and I stay in until I eather take half profit at 1st support or I get stop out. I won’t let this one go early.
Well I’m doing to try another short right here on Es. I were stopped out early today but this being the very entry I take earlier. The same rule apply as earlier. But hidden bull is here, but I think it may passed by. Below center regression Fast hull sharp down Slow hull go down Below 3.5 ATR So let’s,see if I win these time. Like saying before, careful ES...
With Trump and Xi meeting at the G20 in Argentina, will we see a trade resolution that will spark a run higher for the year end?
I Just close my long position on ES H15. US market remains moderately overbought