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IT'S MAY, sell and go away!


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#71 jacek

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Posted 05 May 2021 - 10:38 AM

 

 

It gapped up and then back filled the gap, and now moving up again - a text-book bullish pattern..........................

I think it's gonna be a range day.

 

What's your range for the day?

 

Consolidation between ~4195-4160, give or take a few


Edited by jacek, 05 May 2021 - 10:39 AM.


#72 pdx5

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Posted 05 May 2021 - 10:40 AM

 

 

 

It gapped up and then back filled the gap, and now moving up again - a text-book bullish pattern..........................

I think it's gonna be a range day.

 

What's your range for the day?

 

Consolidation between ~4195-4160, give or take a few

 

That range has been violated. It is now at 4182. May need a new crystal ball?


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#73 jacek

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Posted 05 May 2021 - 10:42 AM

 

 

 

 

It gapped up and then back filled the gap, and now moving up again - a text-book bullish pattern..........................

I think it's gonna be a range day.

 

What's your range for the day?

 

Consolidation between ~4195-4160, give or take a few

 

That range has been violated. It is now at 4182. May need a new crystal ball?

 

I wasn't, please look again,

and this are /ES futures


Edited by jacek, 05 May 2021 - 10:43 AM.


#74 redfoliage2

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Posted 05 May 2021 - 10:57 AM

Your ES 4195 - 4160 range has been reclaimed today.  In the next two days I'd not be bothered with the lower boundary unless Yellen changes her mind again.  Longer term it's still on a bullish trend ............................


Edited by redfoliage2, 05 May 2021 - 11:05 AM.


#75 12SPX

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Posted 05 May 2021 - 11:32 AM

Average short now 4178! 



#76 12SPX

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Posted 05 May 2021 - 11:36 AM

Profit stop 4177! 



#77 12SPX

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Posted 05 May 2021 - 11:56 AM

Profit stop 4175



#78 12SPX

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Posted 05 May 2021 - 12:18 PM

Out for an 8 point profit, will sell higher....



#79 redfoliage2

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Posted 05 May 2021 - 12:24 PM

Today NYMO forming a bullish divergence >>> ST the market should be higher from here ...................


Edited by redfoliage2, 05 May 2021 - 12:26 PM.


#80 12SPX

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Posted 05 May 2021 - 01:55 PM

Been a good trading day for 52 points profit, time for tennis, starting a short build at 4175!