S&P 500 E-mini Futures

ES1! CME_MINI

WadeYendall

As much as I have been finding reasons to stay long in this market the ES seem to be losing steam. Perhaps its just the low volume over the extended weekend, but you can't ignore a few signs of weakness. Since the break of the ATH on Aug 24th the ES has been chopping sideways and getting rejected at the 3600. The latest push higher has started to get a rounded...

wayum999

Whether you believe in it or not, one cannot deny that directional changes quite often happen on the full moon. Since we are on the brink of a meltdown/correction, and the full moon is upon is once again, I would imagine that if we do in fact reverse direction, it would right about now.

frodo75

Which one will it be? Or neither?

AidanMDang

It seems like a lot of people are focused on the bullish wedge and triangle breakouts shown here: These are both valid bullish patterns but I would like to share an alternative bearish perspective of the market structure that is also valid. Notice the Key Trendline Pivot. This trendline extends all the way back to the...

wayum999

For your consideration. Not clear on direction, but one can see where potential support and resistance points will be. I love these FIB fans; amazing how true they become, especially the farther out in time you go.

cyclewave

S&P500 futures - ES - It is in corrective mode, where C of flat correction seems in progress. The current down move is the part of 3rd wave, which should be really sharp down. Sell with stop level above 3635 as 2nd subwave of 3rd wave down for target zone near 3560-3540 as 3rd wave. Give thumbs up if you really like the trade idea.

wayum999

Nothing a bear loves more than messing with an Elliot Wave 3...

orb_trades

Futures before bell

ValkyrieBlue

The current technical conditions are listed below: 1. The price has broken out of the blue pennant, but has not accelerated upwards, increasing the odds that it is a head fake. 2. The price has also broken out of the black pennant, and has also failed to accelerate upwards. 3. Volume has had an inverse relationship to price for the last two months, which is a...

hungry_hippo

Weird chart but it says up....

15:00

mingjong

Find out how you can use volume spread analysis to time the market when day trading S&P 500 futures (ES) in the trade review section. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 30 Nov 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in...

Rohan_Karunaratne

Copyright Rohan Karunaratne 2020

thatsblatzphemy

As title suggests, we are currently mid way through a dragged out complex WXY zig-zag. This is the final wave 4 of the unwinding 4-5 4-5 4-5 of concentric 1-2 1-2 1-2's that began VDUMP lows. These unwinding market torrents are remnants of the initial impulse off the VDUMP lows from previous posts. corroborated by the highly complex interior os the beginning of...

tfleet007

R/R isn't there to go long unless there is a clear break of the ascending channel.

thatsblatzphemy

As title suggests, this is an update to previous posts on massive 5 wave move from LOW We are currently mid way througth the final 4th wave of the concentric unwinding of 4-5-4-5-4-5 which began VDUMPS lows. See previous post for more detailed snapshot of interior complex structures.

frodo75

A picture speaks louder than words.

Voltref

Now that we have seen the pivots throughout the last 2 weeks, we have seen a retest of the ATH and the weekly lows. The most ominous part? the VIX, VXX, and UVXY all finishing green alongside ES1! rising. This alongside with Dark Pool selling is showing extreme greed and carelessness of Longs up here. Now price has told us that the trend is up, RSI and BB's can...

19:51

ocaptain

In my earlier article, " Proving Your Trading System with Backtesting ", I outlined the HOWs and WHYs of backtesting. Does your trading system work under all conditions? Under what conditions might it *not* work? Can you remove those instances from your plan? Under what conditions might you *improve* your win rate? In another article, " The Unexamined Trader ",...