mini S&P500 short planIs it something wrong with my yesterday plan?
Of course not))) I just wait for better point to open short.
The Best point for short is 2961. But will price reach it?
E-minisp500
S&P500 falling quickly is it new crisis?Most of the people tell me: "Just relax, it is move down before new high on S&P500".
But I don't think so.
Price moves down now. Main target at 2700.
I wait for opportunity to open short.
The Best point for enter is near 2961, but price, also can fall from here.
E-Mini S&PPrice took out the Asian highs. No real momentum to the upside. HAs failed to take Friday highs. On NY open expecting price to test Friday highs before coming down to fill the gap.
E-Mini S&PToday I believe it’s going to be a balanced profile day as market awaits Sino-US trade talks outcome.
Overnight price traded within yesterday’s value area. I believe price will come down to test yesterday’s lows before going up to test overnight VPOC or try to take out overnight high before falling back within the range -baring any unexpected news of course.
E-Mini S&P ShortBasically price /market has rejected everything that occurred on Friday.
I did point out that smart money was balancing their books. They did that beautifully. A long of longs got trapped and accounts blown!
One rule of thumb – too many speeches on the day, obfuscate price action. Add Trump tweets and China-US trade war and it being Friday.
Note how the drop came to Thursday’s VPOC. Rejected that and went down further. Volume was quite high and most of them are institutional players and London is closed. There isn’t much in terms of scheduled news. This leaves the market to Trump tweets.
Today, I am expecting price to reach for the open and come back down.
However, wait for the initial balance to be established before jumping in.
E-Mini S&P 500 ShortAfter an eventful price action yesterday, price calmed down overnight with a slow grind pullback.
Today I am expecting the price to retest the top of the value area high and take out the overnight highs before coming back down and taking the lows of yesterday. If the lows are taken expecting price to test the weekly VPOC.
E-Mini S&P 500Yesterday’s price action was a bit unexpected due to earnings outcome. However, while price went up, it was not very convincing, due to the pace and low volume. Divergence remains.
Overnight session remained within the value area low of the previous session. Towards market open, price pierced yesterday’s POC and pulled back to the bottom of value area high.
Based on the pullback, the price is likely to test overnight lows or retrace to overnight POC before resuming higher to retest yesterday’s high.
Lack of convincing price movement backed by volume leads me to suspect something else is happening. (Today there are a few things on the economic calendar). Therefore, wait for the initial balance to be established before entry.
E-Mini S&P500An interesting week ahead. China trade relations raising it’s head. October highs stealthily taken out overnight, on low volume. More earnings reports out this week. Beware of traps!
I think the market with try to establish value at Friday’s POC before deciding whether to retest the overnight high or continue to the downside.
Wait and see what the initial balance is before taking a trade. Price action might swipe stops on both sides of overnight range first.
E-Mini S&POvernight price has been confined below yesterday's POC, around the value area low. Price rejected the low pricing. During London morning session, price still undecided. Positive GDP figures pushed up price.
I am expecting price to test overnight highs and lows, and possible yesterday’s low, before going up to take out the weekly high.
A couple of figures still to come out. Still more earnings to come today
Allow NY open initial balance to set direction before taking any trades.
E-Mini S&PAnother day of earnings and uncertainty. Nasdaq made higher highs after earnings reports after market close. Dow lost some of the gains made on Tuesday. This has left S&P a bit flustered. There is no clear directional bias on intra-day. Overnight price action, particularly during London, held in a very narrow range. Maybe those in the know, know something retail doesn’t.
However, I maintain a upside bias, as I believe the market is taking a breather before it takes out the recent highs before coming down to fill imbalances created earlier this weak. The price went up on very thin volume on Tuesday. I think the bears are waiting around the 44-mark.
The big guns are accummulating!
Scalping E-mini SP JuneI see a scalp trade opportunity. This is going to be 1:2.5 RRR quick trade. I have 12 tick stop. Actually I am not trading futures so often. But I will give it a try
This is not financial advice
Trade safe
Atilla
SPX Bullish Megaphone rebound - Buy SignalPattern: Bullish Megaphone on 4H.
Signal: Bullish after the price rebounded exactly on the Higher Low.
Target 2,930 (projected Higher High).
Context Analisys for E-mini S&P500 - 14th March 2019Context Analisys for E-mini S&P500
Key aspects for Analysis
1. Auction market theory
2. S/R Zones
3. Trade location
4. Volume Profile
5. Volatility
#miniSP500 Resistances levels to watch in a cold war risk?ALL TALK? NO ACTION? SPX SP:SPX
1) American indices SP:SPX YM NQ broke out thru the falling triangle today but still waiting to see the close.
2) Volatility is low now but you know what happenned with bad news #Trump #Tariffs #TradeWar #ColdWar
3) Above the downtrend line (yellow), still remains 3 interesting resistances: 50 EMA , 100 EMA & 38.2% fibonacci (2663), this next sessions will not be easy
Careful to be too optimistic there are strong resistance levels, sentiment is not total consolidated and many doubts about NEW issues: Trump, geopolitical risk, Syria, Russia, Cold War.
Big picture:
Resistances levels to watch in a new trade war day #miniSP500SP:SPX ES1! SP1!
ALL TALK? NO ACTION?
Supports levels had worked and futures ended in positive territory yesterday, after all many experts believe that these announcements of #TradeWar are a door to open negotiations or the real effects of these anouncements will take some time, but will see.. take a look of these points:
1) $spx SP:SPX Could broke out thru the falling triangle today.
2) All support becomes resistance, actual 20 EMA (2666) is the closest resistance level to observe.
3) Yesterday at the session end, futures indices closed in positive territory ES1! and still continue, careful to be too optimistic there are strongest resistance levels.
4) Volatility is 20 now but you know what happenned with bad news #Trump #Tariffs #TradeWar
5) Above the 20 EMA (2666 PINK), still remains 3 interesting resistances: 50 EMA, 100 EMA and the falling triangle which is strong (yellow).
It seems that everything is still announcement of actions, governments don't want a #TradeWar, there is a expectation for negotitions.
This is still a political situation, many of these announces are a pressure strategy to OPEN a negotiation or it can get worse or even stop, is a dynamic issue to review continuously.
Big picture=
The support levels to watch in a new trade war day #miniSP500SP:SPX SP1! ES1!
ALL TALK? NO ACTION?
Complex battle continues and still is not a clear direction, economies collapsing?... not yet, take a look of these points:
1) Actual 200 DMA of ES1! is 2590 (PINK).
2) All support becomes resistance, but actual 200 DMA (2590) had been crossed over many times.
3) Yesterday at the session end, futures indices closed in positive territory and after China & Usa announced new tariffs, futures indices have going down.
4) Below the actual 200 DMA (2590 PINK), still remains 2 interesting supports: April 1 low (2552) and February lows (2530) {PURPLE}.
5) Negative session, negative day maybe a negative week for almost all markets with all this goverment announces.
6) European indices down but does not fall with the strength of the American indices, futures remain negative and expecting to Bearish sentiment in American open.
7) High volatility and many bad news is not a good combination for a long terms trading, a day for intraday small trades, with many stop loss and limited orders.
8) At the end, everything is still ANNOUNCEMENT of actions, likewise all this is reversed if one of the 2 governments announces that they have opened negotiations ... so I would not be so confident to open short positions either.
[9) The real effects of these actions announced we will see in a month at least, especially because it can get worse or even stop, is a dynamic issue, review continuously.
10) This is still a political situation, many of these announces are a pressure strategy to OPEN a negotiation, at the end, goverments want the best for his own benefits.
