ER2 had neg divergence during the whole trade, good thing I didn't go long that. GM & SMH gave me the heads up.
Nice, big Q is whether there is anymore upside. Looking at 3 min MACD has been diverging from price since the open, even though price has been hitting 1350 around 3 times, hourly kinda points to a long though. F knows
MACD bottom at 9:35 on YM. SOX is currently bearish but volume lacks. NQ/ER2 neg diver. XLE near HOD and trendline underneath. Looking for what happens at 2pm in the oil sector.
SOX and YM near 200MA. AAPl yet to break 76.10 with follow through. Really not sure what direction, just noting support here at YM 11760.
I started unloading my shot ( lucky death spike ) I think we will see some more sell off ( still holding 4 cars 2 ym 2 es shot i want my 1K today
For everyone who uses market profile with their trading, do you see a ledge developing?? I'm looking at the YM below 11750 for it to fall off the ledge.
yes i see it and look very bearish i am still holding 2CAR short on ym The Es has not been sold of at all 1350 to 1347/48 2 dyas up big time i am looking for a solid sell of if not i might try to get rif of 1/2 my short and hold 2 car only
I don't use MP, but there is definetly a "ledge" there that anyone could see. For all ya'll trying to learn (like me,), there was a nice 1000tick fade at 1:45pm EST off of the 1:30pm selloff. A 30-90sec scalp opportunity. ER2 big bullish div. here at 1:56pm
Well if you check the chart u will see that the YM has not broken 11760 and the 60 has supported very strong For the YM it has to brake 11760 1st and the 11750 to go in free fall