As I sit here and look at the chart, 1320 has printed 3 times in the last couple of days and each time the market was only there for a split second. Bearish price action if there was any...
shorting @ 1318 ... might be good for some points. edit: just testing the previous 30 min candle lows no sign of bear ... flipping back to long for now.
longs 1317.50 .. taking half off table at 1319 ... tightening stop for other half. Edit: exited other half at 1319 .... going to trade something with more movement for now.
looks more like an deformed cup and handle , but than again I am not a big expert in patterns. defo the PA is a bit fishy ... dosent looks weak and nor strong ... seems like bulls joined the bears winter nap
Currently watching 1313, 1317 and 1320. Will see what the market does around 1320. Possibly an opportunity for a short.
head and shoulders patterns tend to just break UP in the ES. Paulalan - AMAZING trade/call!! 1350 is getting closer by the second. It's guaranteed at some point though, due to the nature of the ES. Maybe not as fast as candles seems to think though....we'll see.
Short @ 1319. Did not get filled @ 1320, hesitated, and then decided to enter on 1319. Target 1317. Stop 1321.