Market behaving just as expected today. Nice retest of 3019, then 3020 took profits, now waiting to see. If down day or not, My system is still on long
Subscription website www.alphahorn.com trading ETFs since 2011. Portfolio has grown from $100,000 to over $700,000 as of 11/19
alphahorn wrote:Market behaving just as expected today. Nice retest of 3019, then 3020 took profits, now waiting to see. If down day or not, My system is still on long
You use Volume profile/Monkey bar to measure your price? if so I do too, but I decide to be on the bear wagon.
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From looking at profile today, Friday HV node and today's are at the same level (3120). a reversal from overnight high back under 3120 this morning I was like "today bears will get paid " but intraday LV node (3111) gave a good support. from that point of view while a POC is currently sitting at 3118, at the minimum bears need to see a settlement below 3118 today to hope for a weaker price level under 3111 tomorrow.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
that comment was nonsensical, forgot I was looking at overnight ES action not FRiday. Still waiting to see if 3120 holds as resistance and we see another leg down to 3105ish otherwise 3134 is next
Subscription website www.alphahorn.com trading ETFs since 2011. Portfolio has grown from $100,000 to over $700,000 as of 11/19
alphahorn wrote:that comment was nonsensical, forgot I was looking at overnight ES action not FRiday. Still waiting to see if 3120 holds as resistance and we see another leg down to 3105ish otherwise 3134 is next
touch the blue line above, then breakout would be likely.
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