So for the NQ/ES we have bounced down off a major fib level, broken down through an hourly up trend line, and now retraced up 38% for NQ and even...
Yeah exactly, I think a lot of the time the news just brings forward a movement that would have happened anyway.
Unless it breaks down through the trend-line of course
Short term looks long because an hourly trend seems to be establishing now
Good call! Even looking at your chart I couldnt see anything long about today, so I never would have figured it out. I couldnt even figure out...
Looks like a double top on the hourly right at the moving averages and the 50% fib level. But the vold and voldq are all pointing up still which...
Both the NQ and ES have been stopped going up so far by the moving averages and the 50% fib level. Its where I had originally planned to open a...
Yeah the futures were drifting down nicely until Russia claimed they were withdrawing troops, which caused quite a spike upwards.
I agreed with your post before this one. Today looked like a bounce down off of the hourly moving averages. It was getting a bit far away and over...
Its not quite had the follow through I was expecting yet. Could still happen.
Thats what I was going for, but it got stuck
Yeah that was strange! I was really expecting that move the other way at that point. Not sure if its a good opportunity to build up on my short or...
I use the 12 and 24 EMA mostly. I use them to determine my entry and exit points. For example in a downtrend I will look to open a position just...
NQ and ES are both looking a bit oversold on the 4 hourly. I am staying short here, but I can see a move up or sideways until the moving averages...
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Probably this, the moving averages and the trend lines combined help loads. [ATTACH]
Those three 1 minute bars really change the hourly and daily patterns now. Makes the last 2 days look more like a retracement than a continuation...
I reckon it could be people getting out of short positions around the amazon earnings.
ES Weekly: [ATTACH] ES Daily: [ATTACH] Just not sure if I got the fib levels quite right
Arent you staying in for the longer term?
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