ES UpdateOversold on RSI and MFI, should've stayed bearish yesterday and bought some puts, lol. Anyways, went long on some PCAR stock for the gap fill play. Chart formation and daily indicators show a potential for more downside for ES/SPX/SPY, so definitely not holding past tomorrow.Oversold on RSI and MFI, should've stayed bearish yesterday and bought some puts, lol. Anyways, went long on some PCAR stock for the gap fill play. Chart formation and daily indicators show a potential for more downside for ES/SPX/SPY, so definitely not holding past tomorrow.by hungry_hippo559
ES EOD UpdateRSI hit oversold on ES, NQ, and RTY at close. As I said earlier, I think it's BTFD Thu again, lol.RSI hit oversold on ES, NQ, and RTY at close. As I said earlier, I think it's BTFD Thu again, lol.by hungry_hippo339
Optimized Model ES S&R1. Introduction Support and resistance levels are key concepts in technical analysis. Fractals are tools used in technical analysis that help identify local tops and bottoms in charts. A fractal pattern consists of five bars with the middle bar showing a high or low compared to the surrounding bars.1. Introduction Support and resistance levels are key concepts in technical analysis. Fractals are tools used in technical analysis that help identify local tops and bottoms in charts. A fractal pattern consists of five bars with the middle bar showing a high or low compared to the surrounding bars.by neuralenergies110
As we Approach the 4307.50 target, a Reminder Seems AppropriateI’ve written about price heading to the mid 4200’s to low 4300’s for a while now. By my count, I’ve written a total of 4 times just in the month of September. Links below: Sept 15 Sept 14 Sept 8 Sept 2 The target moved up slightly following the Sept contract change to Dec from 4256 tI’ve written about price heading to the mid 4200’s to low 4300’s for a while now. By my count, I’ve written a total of 4 times just in the month of September. Links below: Sept 15 Sept 14 Sept 8 Sept 2 The target moved up slightly following the Sept contract change to Dec from 4256 tby maikisch1112
ES: Under $4433.50 is a buy!I love love love this trade and I've worked with this chart for a while. With a set of equal lows at $4433.50 and entering our golden zone (OTE), a bounce from around this .707 zone seems almost inevitable. Should be one to watch closely over the next few weeks as we bounce from $4433.50 with a targI love love love this trade and I've worked with this chart for a while. With a set of equal lows at $4433.50 and entering our golden zone (OTE), a bounce from around this .707 zone seems almost inevitable. Should be one to watch closely over the next few weeks as we bounce from $4433.50 with a targLongby Macks_MoneyTree222
S&P Market Crash: Use Basic Economics. It Helps.Hey Traders, This is probably one of the most important lessons you could possibly learn in trading futures and it's all about the economics of the market and what makes things tick. Markets like this are ruled by the state of the global economy and any changes take time to occur. They are not inHey Traders, This is probably one of the most important lessons you could possibly learn in trading futures and it's all about the economics of the market and what makes things tick. Markets like this are ruled by the state of the global economy and any changes take time to occur. They are not in08:31by WillSebastian131317
ES Pre Fed updateIndicators are neutral for all index futures heading into Powell's speech today. Could go either way, and remember the market whipsaws on the Fed more often than not. We've even seen triple whipsaws lately, so never assume that the initial direction is the right one.Indicators are neutral for all index futures heading into Powell's speech today. Could go either way, and remember the market whipsaws on the Fed more often than not. We've even seen triple whipsaws lately, so never assume that the initial direction is the right one.by hungry_hippo226
UnexpectedThe Fed announcement on Wednesday in terms of interest rates and the expectations of future increases was not new. However the downward movement in the S&P 500 was unexpected because the market received the Fed information it was seeking. Lower prices on Thursday would be normal but not a large moveThe Fed announcement on Wednesday in terms of interest rates and the expectations of future increases was not new. However the downward movement in the S&P 500 was unexpected because the market received the Fed information it was seeking. Lower prices on Thursday would be normal but not a large move02:19by DanGramza1
Long SPXWe're extremely close to what I'd consider to be a very important bear break - but we've not yet broken. As a general rule of thumb, the best value trades are the ones closest to where they fail. Have really big SPX longs on now with stops just under the weekly low. Looking for this to hold a doWe're extremely close to what I'd consider to be a very important bear break - but we've not yet broken. As a general rule of thumb, the best value trades are the ones closest to where they fail. Have really big SPX longs on now with stops just under the weekly low. Looking for this to hold a doLongby holeyprofit2
The Future of Algorithmic Trading: Trends to Watch in 2023Let's talk about the trends shaping the future of algorithmic trading. After all, an occasional pulse check keeps you ahead in the game. The Explosive Growth: A Historical Perspective By 2032, the algorithmic trading market is projected to balloon to USD 36.75 billion . Being ahead of this curvLet's talk about the trends shaping the future of algorithmic trading. After all, an occasional pulse check keeps you ahead in the game. The Explosive Growth: A Historical Perspective By 2032, the algorithmic trading market is projected to balloon to USD 36.75 billion . Being ahead of this curvEducationby TradersPostInc1