Two FOMC speakers before the close. Kaplan at 1:30 and more importantly a hawk, Williams at 3:30. He could ignite an afterburner on the dollar move, or not.
Gin and Tonic time in London, Pilsner time in Frankfurt. Yesterday it unleashed the big 10 point or so up move that failed later in the day. We are sitting just barely inside the 1 sigma level of todays range (bottom of 70% zone is ES2793 with my software) waiting for a move. I must say it is a tight little range with VWAP pretty much in the middle,
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breakdown usually is the time for reversal, key time. fingers crossed.
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Coolbizone went long ES 2787.50 for a swing trade. Say's may go a few points lower but he thinks the correction is done.
The guy trades 20 contracts at a wack and has been consistent in his methods for years, as well as occasionally posting his account showing trades. And he has yet to put any sort of pay to see service together.
We haven’t seen such AD reds since early august
Around that time the AD was kind enough to give us a higher low for divergence/direction
That doesn’t mean it will/should do the same this time…. but it would be nice…. not yet
This is daily
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
as usual, breakdown means reversal, now let's see if bulls can exceed the tinted area, if they can, then bears might be over for today.
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