Actionreaction
SandP 500 E-Mini Futures 240 CME Updated 2/22/2017I have changed the upfork to a regular fork, as the price has increased in force to the upside, and has shown two nice touches on the middle median line. Look for price to rise above the middle median line, otherwise we will retrace to the lower median line and may hold as support.
HG - Copper respecting the A/R lines. ShortA/R lines reflect the natural resistance, or swing turns.
We see price already turned south after reaching the A/R line, bounced at the lower one and now toying with the upper one again.
But it looks week, not enough juice for a follow through.
The last bar's close looks very weak.
I tend to short a pullback to the upper A/R line.
Always - trading it small and often.
P!
GC - Gold going north again.Price climbed above the centerline, came back to it and now start to go to the upper extreme, the U-MLH. If we retest the CL. again, it would be a opportunity to load up more, or to enter if you're not long now and would like to take the ride.
I always stay small and trade as often as my rules dictate, to participate from the statistical chances.
P!
GBPUSD - South after the "Wash"So, it looks like they just washed everybody hiding the stop behind the round number .27 level.
The actual movement looks similar violent like the one to the left and is a good Short opportunity for me.
As we know, price is going to the centerline over 80% of time.
And this is my target, but managing "on the flow".
P!
SandP 500 E-Mini Futures D CME Updated 2/16/17Price has come up after hitting the sliding parallel and is now oat the next parallel forming possible resistance near 232 area. Look to see how far a retrace we may get here. Price may drop a bit here or go past 2352 and use as support before going higher to next sliding parallel.