85 or so. I am still holding a swing from above 100, this is an investment now. I also have one at the lower end of the range. If you look at a daily candle chart the bottom wick shows a good place for a stop. here is monthly es. I like the candle as it shows clearly where price is rejected both high and low. The middle of the recent daily swings is about 950 on es. edit; this is a daily es chart.
Understood, TY! Big stop basically. The only thing from a technical point I don't like in the Daily chart is the 2nd lower high, but there is a higher low & I do like the way the histo is showing. Good fortune!
for journal purposes exit 917. 918 is the 38% retracement from October 20th high to yesterday's low, shaping up as resistance. That moved fast, for integrity purposes exit at current level 911.
1/3 -1.25, another failure swing Basic p/a analyses on 5m, suggest that we are about to start heading lower, I will not be initiating any more trades for the time being.
This is the largest monthly candle I have ever seen. From the double bottom low of 894.75 around 10/02 it took 13 months to overtake the high of the latest monthly candle's high of 1174. Markets go down faster than they go up. The dark side of fear!
Possible bul flag in 5m Es High probability that low HAS been made and we rally to 1020 from here USe 2m or 5m MACD to indentify change in trend and trade long
I don't see it as a bull flag, I maybe wrong of course, something doesn't look right. (I specialise in Price + MACD analyses, but not always right obviously)
Back from lunch this level needs to hold if we're gonna make a run for it (1228-1232). Looking for longs here. If it breaks it could get pretty fugly.