But it's certainly not a foolproof design. Sometimes I'll see NQ take off in one direction or the other and will jump on an ES trade only to be smashed to pieces when the NQ, just as quickly, reverses.
What about S2 directly overhead at 3000.50? Might have enough to push through, but again, right now, the NQ & YM are showing some red. I hope you're right, though.
as of now price needs to close green and whole candle above 3k ( short term momentum) for it to go anywhere.
I always have to watch myself trading into resistance or support. The thing that sucks, however, is that they sometimes really work, which just reinforces my bad behavior.
to the upside is still more on probability as of now, breaking from the bracket i mean to the upside in MHO.
yes, a down push is also in the works from the looks of it, but could be a scare tactic as of now. i am bit confused.