Indicators are neutral, the big news tomorrow is ECB meeting premarket. Bunch of retailers reporting earnings this afternoon as well, but ECB will have a bigger impact.
Inflation numbers Tuesday, I think I'd rather bet on that than the ECB. I'm still bearish, but ou have to have good timing to make any money shorting anything.
Going over the price action for ES March 6. gathering clues to what we should have done. going over our morning game plan and how it turned out. very difficult day today. technically challenging. rest and spend some time with loved ones. We battle tomorrow.
Bears have been so wrong this whole rally. They are busy soothing their anti-America bias, and don't understand the basics of money flows or monetary principles in a credit-based system. They call for crashes based on feelings, every dip is going to be a crash, market narrowing is seen as risk. They start from their preconceived notion of how the market should...
Good morning everybody, i was off this days, having some time with my girlfriend.
Back to the markets the prices has being falling since monday, yesterday we saw that perfect bounce on 5071 5064 demand. now we have a level where sellers appeared yesterday here at 5118. Lets see how the market react to it. Above that honestly i dont have anything right now.
Going over price action Overnight ES watching for clues. what we're focused on today to trade. market reclaimed several levels. looking for buy setups. no setup no trade day. we will wait patiently for the perfect setup.
This is a completely full and completed schematic of CME's E-mini S&P 500 Contract. This contract started in 1997 so there are decades of data not accounted for on the real chart. However, these are just as viable and important as the Standard & Poors 500 Indice. Let us take a look at the separate (chronological) boxes and understand what they are...
#1 is...
Slightly altered count, which I think fits better with RSI and EW counts on smaller time scales. Looking for higher highs on daily, key levels 5059.25 and 4936.50.
The S&P 500 on Tuesday broke lower and its structure implies a market waiting for new information. The current expectation would be an inside day on Wednesday.
Hey Traders I have been taking some time to redesign my trading strategy and have made a decision that from now on I will only be trading the Stock Indexes in the future. So all of my content moving forward will be based on 3 main indexes.
I think they offer many more opportunities for successful trading.
S&P500
Nasdaq 100
Russell 2000
More to come soon on why...
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...
Stocks are a confirmed buy on harmonics and not overbought in short-term. SSTIS is a confirmed buy with a bull surge signal, 2D MV chart is a short-term buy with a longer-term sell signal. 2D MV fakeout chart is a confirmed buy and a fake bear. Stocsk are to correct now as we had in our forecast, test the recent target as a support now, have a slight breach but...
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.
