because of overnight sideways drift, currently not much ground given up today, actually as I edit this, its improving nicely,:)
$ES, if we don't get a decent Globex pullback that lasts at least an hour or more by midnight, :caution: its going to be an AM pullback,:)
Are we heading for a cycle high day? :)
The ES-1mn, 30mn and almost the 60mn hit its cycle low, I guess if we all lay down and look up we should see price going in that direction, :D
57 is still the Daily topside .618 Fib,
50% is at 32.50 and .618 at 57.25, feels like another pause before a grind upwards,
Opex is around the corner (15th), but I think volatility is back, summer months are upon us, all the big guys are on vacation with their kids,...
Following the big money flow can be very helpful, :caution:
ES, 60mn and the 30mn has closed near its lows, I suspect we will dip lower for a bit before we bounce,
[ATTACH]ES, 240mn,
[ATTACH]Daily ES,
[ATTACH] 60mn
You win some and lose some, one has to adhere to the plan,
[ATTACH] Thinking the low is in, Long ES 98.50 stop is a weak close below the lows, (weak close) stopped at 88.50
In theory but we never made it to 4211.75,
[ATTACH] 60mn, B-bands.
BIG MONEY IN THE MARKET ROTATING OUT OF EQUITIES INTO GOLD BONDS AND UTILITIES Chris Vermeulen - Thu May 6, 5:06PM CDT...
After seeing this 15mn reversal close, thinking 10 will not happen.
[ATTACH] 15mn fib sweet spots,
Trading Fridays are and can be tricky, best time to be out is by 10-11 am,
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