ES Greenhorn

Stopped for scratch.. Why didn't I sell yesterday's high?? If I did we'd be at 1799 by now that's why..

10am turn was the play today..

 

The answer is it depends on the time-frame your are trading.. You do know the time-frame you are trading right??

Trading Guru (aka "retire45 when not in trade")

 

If this TL break should see low 70's again which will confirm 70 to 90 range..

L 1785.5

 

S 1783.5 target 1775 area

 

Levels galore in futures.. Question is when a level becomes useful to the markets.. 1776.5.. how can I forget the rude stop-out. Does it hold now??

 

Covered 1778
L 1777.5 done for day.

 

Trendline to watch..

 

The 76.5 to 78.5 ugliness stopped last long.. Re-shorted 79.5 as take home.

As always, tracing a TL down.. 60 to 63 area probable next bounce.. Question is 30 point range coming up? Probably not as I am expecting it..

 

Morning Prep...

TL broken. May be back to 1790 if 1782 prints.. Going short in that event. Stop to 1784 on existing.

 

Time based Hourly quite a different picture. rising Trendline "VERY" ominous if broken..