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Gap up within last Friday's range, so the gap might be filled.
The Global ES looks ambiguous too me, you can either see it as Bear Flag or the revisit to the previous low failed overnight so the low was in. My weekend market outlooks has already given my preferences, so no need to mention here, let's see.
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T1 was hit overnight T2 can be hit today (im not playing this, waiting to reshort), my prefer line is green one
Fridays
GL
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
I think DAX low was in, because I see 4 push down here, with the last the weakest, so it's 2 legged rebound now. This should add into bullish case in US market.
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yep senor cobra, if dax breakthrough blue line its definitely buy
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
volume surge plus largest bar, could be an exhaustion bar here, so may see rebound soon.
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