luckystar2006 wrote:Normally there is a down leg to retest previous low sometime today... Meanwhile, there are some tough resistances ~ES 2793.xx that are being test atm.
I believe this pull-back is just a small one, not the one that I mentioned above.
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.
It looks more bullish than bearish at the moment of speaking.
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.
Today's profile gives nice bell shape, this tells me tomorrow we will have a good trend or bigger range, the poor low yesterday need to take care off, so I bet on that. (67ish)
My comments are for entertainment/educational purpose only. NOT a trade advice.
The “Three Line Break” chart, which just filters out the “noise”, has been green/long IWM (bottom panel) since the December low… until yesterday when it turned red.
It is still green/long SPX (top panel)
Daily
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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well, guess that's it for today. Wednesday tomorrow has been overwhelmingly bull friendly recently. thank you guys, I'll see you in another thread soon.
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