Treasuries under pressure. Might see some support today around 124-16 but heavy momentum to downside.
Making the push for higher all-time highs. Currently just above the weekly high print. No new news. Slow uptrend with some sideways action thrown in, with any selloffs as swing trade buying opps.
Decent recovery from the over 2-week range low. Didn't see much followthrough from the 52.65 extreme and now the 53.05 extreme is under some pressure. Still looking to sell rallies so for today I think the sweet spot would be 53.75-54.00 if the upside momentum can take us there.
Would have liked to see a 1250 print, but maybe 1246 is close enough? 1248 is old support (now resistance), but I'm still viewing a selloff as a buying opp. The lower boundary area of the channel is still worth a shot for a long.
Continued small-ranged days, but still some decent intra-day setups to take advantage of. Can't get rich trading this product currently w/ the volatility so low (unless you're slanging 100 lots), so take what the market will give you. I still view selloffs as buys for swing trades.
Finally a decent selloff was seen on Tuesday's trade. The double top, that's been in control for about a month, dictating the macro direction. 51.75 was lower bound of the over two week range, which was slightly broken. 50.85 has been my downside target, nearly hit. With that said, based on how crude has been trading, I wouldn't be surprised if we see a minor...
Uptrend still intact. Currently price finds itself in a triangle, stalled at a minor triple top. Looking to buy dips still as momentum continues to the upside.
Continued boring trade. Small ranges, extremely slow movement, and almost no retracements. It's essentially a buy and hold trade. Very sad for what used to be fun to trade. With that said, looking to buy dips and extremely cautious on the sell side.
Crude finally under some pressure. Bias is surely to the downside with my CLH target of 50.85. Should be some support at 51.75 as it's the lower boundary of the past 2-week range. Looking to be aggressive to sell any pops today.
Steady uptrend continues. I'm only willing to take short plays at the upper bounds of this current channel. Viewing any sell off as a buying opportunity.
Another week, another rally. ES only goes one direction since 2008: up.
Potential upside breakout forming. Not much follow through to the downside from the last high "extreme" and price is currently sitting in a triangle. Trade above 54.30 would be a breakout from the 2-week range. Momentum might make a push toward 55.50. Trade below 53.50 would dismiss the triangle theory. 56.00 double top still in control, for now.
Rally on in Gold. I'm not willing to sell until 1235-1240. Nicely following this upward channel at the moment. Any dip near the bottom channel line will likely be a buy.
Similar situation we found ourselves in pre-fomc. 20 point range so far on the week. Bulls will want to recapture the 2288 gap while bears want to break the 2262 week-range low. I'd be more willing to fade the gap trade than to fade the lower range break.
Bullish week in Crude as it has been able to ride the channel up, reaching the top area of the 2-week range it's been stuck in. Macro trend still bearish but will continue to play "follow the leader" with this one.
Bullish recovery in Gold so far on the week. Price was able to get back up to the double top cluster area where we now have a potential triple top in play. Non farm # today should help determine if that triple top holds or not. Buying a dip looks to be the most attractive play at the moment.