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No idea up or down from here. Near the range high so should be a pullback here. Possible range day.
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SPY one minute. Crawling up the "wall of worry." Nah. It's just a game. Some decent scalping so far. But I gotta take a break ... Gonna watch some of The Masters. Go, Tiger.
Last edited by JFR on Fri Nov 13, 2020 11:03 am, edited 1 time in total.
Charts posted are not recommendations. They are just a sharing of information.
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Breakout to the new day high with strong bull bar in the next couple of bars then it could be an uptrend day.
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It's Friday, quick in and quick out. late day rally is in the card even it is down first. well, as long as we can stay in the right direction in the morning that's all it maters for day trade. Crystal ball something like this? so far the morning bears had a good head start.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
This time of year we can not really get ourselves out of politics, here is US civic 101, to call president elect the winner will have no dispute. but look at the media today, they are trying hard to form the herd mentality to call who the winner is. for traders, market is waiting for the real winner to be called. Biden is so far un-certified president for now.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
The breakout is too late so I don't believe it means an uptrend day.
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Chart for the road: for ES traders, Big picture is still well and healthy, short term is in question. failed to regain upper channel but not down either. trade well, Peace!
EDIT: MOREFib measurement, 61.8% support 78.6 resistance, overall bullish bias, there is why buyers still stay strong.
Last edited by BullBear52x on Fri Nov 13, 2020 2:03 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.