Feels nose-ish to me... ES bounced off of 1477 50% fib retrace of opening move to morning low and leaning lower
Ok stopped out (paid for comm at least) and reentered trade at 1472.25. Same parameters as before. Edit: BE now 1472.50 Edit2: stopped out +1 tick Edit3: back in at 1472 (sometimes I can be too persistant!)
I'm late to trading today too. I missed one short signal at 8:40 and have had no further signals since.
Out and short here small size at 13309, one min trend line, one more test of lows or break trend line? Would like to see es lead the way to 50% retrace. Tight stop above trendline.
It is interesting to see the market pushing up like it did yesterday only to do the opposite the next day. I think everybody was expecting declining home #s, but not over 12%, especially during summer season which is generally the busiest time for real estate. What is going to happen in the fall and winter????
Out of 2 fat 13297, holding one for lower lows with stop above 1 min trendline. Double bottom here and break of 1 min trendline signal long only till further retracement met.
so far confluence form the 35 swing lo holding up between 68.25 & 72....but looking for 68 zone eventually. was filled a on a few on a buy scale between 70.00 & 73.00 & kicked them at the 50%...75.75/76...flat now & waiting for 68 to develop.