Absolutely perfect MACD setup on the ES this morning, right out of the thread "Free ES trading system that really works" I admit there is more to this setup than shown here, yet this one trade would have caught $150 per car in a little more than an hour. I haven't tested it long enough to see how reliable it is but if it is anything like what I'm doing in stocks, this one setup could blast the TST combine profit target while meeting all other requirements, in half the required time..... :eek:
My timing strongly indicates that this week will mark a short term top for a while. The drop would be at least 70 to 100 SPX points. The action this past week strongly suggests distribution at the top.