ES Has Topped

Discussion in 'Index Futures' started by Buy1Sell2, Aug 9, 2017.

  1. baro-san

    baro-san

    If you trade dailies, ES has been long from 10/19, and still long. Isn't it?
     
    #161     Nov 14, 2017
  2. Buy1Sell2

    Buy1Sell2

    Top continues for now.
     
    #162     Nov 15, 2017
  3. baro-san

    baro-san

    What time frame are you considering? Are you long or short on that time frame? I'd say that "Top continues for now" means that you were short, and continue to be short. Am I correct? I just want to understand your statement. Regards,
     
    #163     Nov 15, 2017
  4. bone

    bone

    Daily and Weekly trend lines on the ES still intact. Take those out with conviction then it's time to check your boner.
     
    #164     Nov 15, 2017
  5. baro-san

    baro-san

    Does this mean that you're out of the market now?
     
    #165     Nov 15, 2017
  6. baro-san

    baro-san

    Can you point me to your chart(s)? Thanks.
     
    #166     Nov 15, 2017
  7. bone

    bone

    Sure.

    DAILY

    [​IMG]

    WEEKLY

    [​IMG]
     
    #167     Nov 15, 2017
  8. baro-san

    baro-san

    Thank you! Could you say when did you last get long on each of those charts? From the start of those trends, did you have any sideline times, or reversals? Are you currently in long positions on both? If you don't mind my asking ... :)
     
    #168     Nov 15, 2017
  9. bone

    bone

    I currently have on several futures spread positions in my spec account.

    I've been long stocks in my 401K for several years thank you very much.
     
    #169     Nov 15, 2017
  10. baro-san

    baro-san

    Thanks. I understand that you aren't willing to give specifics.
     
    #170     Nov 15, 2017