A trade that has worked will for me lately is to keep an eye on RSI5 on the 30 min ES chart - when it gets below 20, buy when there is a BB52 clockworks buy signal.
60 min swing
Using the same stochastics setting and moving averages, SPY (bottom panel), shows uninterrupted uptrend, with pullbacks that DID NOT BREAK TREND.
IWM (top panel) is engaged in “trend changing” whipsaws. Smalls are desperately waiting for a catalyst. I don’t care what the catalyst is, just something to shake it out of its lazy down channel
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Trades with cats wrote:Waiting to see what happens to the magic ES 91 after hours.
Expand your chart to All time high (12-13 days back, included extended hour) Hourly chart you will see 96, 86, 76 level. I mentioned these 666 zone, keep an eye on them.
My comments are for entertainment/educational purpose only. NOT a trade advice.