Going over the price action in ES today. what we did right what we did wrong. tough trading day. especially last couple hours. did more trades today than any other day of the year. gave a lot back but grew exponentially today.
ES is on the channel line but not oversold yet.
Best guess is that the market gaps down then reverses. ECB meeting Thu premarket and CPI numbers next Tuesday, PPI next Thu.
Shitcoin dropped pretty good today, we may have hit the top. I'm hoping for the algos to start cycling, we'll see.
Nothing but all time high's at the moment eyy..?
If dollar is to see some sort of a decline, sweeping sell stops on the intraday timeframes, we could see a continuation of ES running through previous all-time highs
It's 7 of the top 500 companies inside of the S&P 500 that is propping ES so what happens when their quarterly report is negative in one of the...
Monday's price action saw ES/SP500 trade above Fridays highs, but failed to displace above Friday's high.
My bias is for price to trade to Monday's low.
I am looking for H1/H4 bearish levels to be respected, and will then look for m5/m15 entry once I see premium bearish arrays are being respected.
Going over the price action ES for Monday March 4th. took a bunch of trades. sharing our results and what we think the market is most likely to do based on Price Action.
Looked like a little bit of futures selling EOD today. ES is still overbought, did not short anything, and certainly not going long until MFI and RSI hit oversold.
I'm still waiting for algos to start cycling so I have confidence in my indicators.
Depend on FB Levels the current area is critical area that mean the price may change price movements to other direction , Pls follow me to get my price analysis notifications
We have three complete impulse waves off October 2023 low of 4173.25. If these three waves are themselves to complete a primary impulse wave up, then I would expect a correction to begin soon, with price not going above 5301. If there is more impulsive price action coming, then something else (not necessarily bullish) is going on. Key support levels are 4936.50...
Going over the morning Price Action ES. calling out what we see and our plan. which stocks we're interested in and what we think for the next few hours.
Going over ES price Action Overnight. what do we see and how do we want to trade today. Mondays have been pretty choppy lately. not expecting much today. letting Price do its thing. focusing on the leaders and setups. no setup no trade Monday.
