$ES holding major support at 2375.75. Past IMTF Cross holding.
$SPY about to get absolutely destroyed. As soon as this CHOP is finished expect a drop to 231's almost immediately. You'd have to be INSANE to buy up here. I have heavy short.
Opened short at 2378.75. Will add all the way up to 2384. Hard stop at 2388. Swing trade.. hopefully on this for at least a month. Good luck.
After French elections, the ES has gapped up this day. We have a bullish signal, so I sell Short PUTS to 2190 Strike (Delta 10). Volatility has fallen and is low at the moment, so check for increasing volas in the next days. Trade: Symbol ES, June Future Duration: 53 days Strike: 2190 (Delta 10)
A little forking, a little price action and there is the potential trade. I see price pulling back to the L-MLH probably. Let's see... P!
Hitting resistance after yestedays gap up. 2381-84 possible if 68 holds. Looking for long term swing again.
Hitting resistance right meow. Shorting here at 2354/2355.. Adding at 2366/2368. Stop at 2371. Looking for 50 point drop minimum by end of next week. Follow the move up from 2280s.
The chart is somewhat messy so I will try and be as specific with my call as possible. I have added expected candle stick ranges for the next 3 trading days, 4/21, 4/24,and 4/25. After those days I just drew using arrow lines rather than daily sticks. Expectation for each of the 3 specific days identified: 4/21: I expect a trading range of 2348.50-2364 with a...
Take note of the 62% retracement. Money has come in to support prices at the 2320 figure. If more risk aversion takes place on either disappointing earnings announcements or negative headlines surrounding Syria or the Korean Peninsula. then we can expect further deterioration in price, most likely down to the 2260 level in the near term. I continue to prefer...
See this? It looks to me like the old smaller pattern repeats again. P!
ES zoomed above the centerline. Now the bulls try to push it thorough the U-MLH of the blue fork. If we pass this and close above it, then ES will go further north, probably into the resistance zone bevor taking a nap again. P!
The black lvl @ 236.52 is previous month open, fail to get above, bearish scenario possible as long as <236,52 stays true.