"I Don't Know If the Correction Will Extend, But Here are Five Charts I'm Watching"
#71
Posted 03 June 2021 - 05:14 PM
#72
Posted 03 June 2021 - 05:15 PM
Inflation coming? Again? YES, it is coming!
#73
Posted 03 June 2021 - 05:17 PM
#74
Posted 03 June 2021 - 05:21 PM
NOT extreme, got to get above 90
NAAIM Exposure 82. Was 44 two weeks ago
WHAT IS DUDLEY saying? INFLATION coming? Again??
#75
Posted 03 June 2021 - 05:23 PM
#76
Posted 04 June 2021 - 07:34 AM
The last 4 Wednesday/Thursdays in a row in #ES_F saw selling which setup good buy opps (some for 100+ point rallies) and may be trying a repeat this week Clean technicals so far - lost my 4195 lvl, bounced to backtest, now basing. Above here looking to 4230, dip, then breakoutQuote TweetAdam Mancini@AdamMancini4· 10hAll week, 4190-4195 has been my core support in #ES_F and after 3 tradable bounces off it, it failed causing this sell. Bulls need to recapture 4195 to put upside (4320) back in play now. Plan today: Supports = 4170 (here) then 4150 (strong). 4150 fails we sell to 4115 then 4050
Whoops I didn't hit post lol! I wrote this 10 minutes ago lol! Was interesting as I was thinking 4183 was going to see support so I bought there last night and kept my profit stop right there overnight. Think with the employment report out in a few minutes I'll keep it there for now....
#77
Posted 04 June 2021 - 07:38 AM
Nonetheless now that the market has popped higher I'm likely going to start going back to a short above 4212 if we hit there. profit stop 4195.
#78
Posted 04 June 2021 - 08:06 AM
Ok, took profits for 30 and flipping to building a short starting at 4210, we'll see if the pop holds or not!
#79
Posted 04 June 2021 - 08:08 AM
Once support held and market bounced, then the BULLS had the advantage. Good trade!
The last 4 Wednesday/Thursdays in a row in #ES_F saw selling which setup good buy opps (some for 100+ point rallies) and may be trying a repeat this week Clean technicals so far - lost my 4195 lvl, bounced to backtest, now basing. Above here looking to 4230, dip, then breakoutQuote TweetAdam Mancini@AdamMancini4· 10hAll week, 4190-4195 has been my core support in #ES_F and after 3 tradable bounces off it, it failed causing this sell. Bulls need to recapture 4195 to put upside (4320) back in play now. Plan today: Supports = 4170 (here) then 4150 (strong). 4150 fails we sell to 4115 then 4050
Whoops I didn't hit post lol! I wrote this 10 minutes ago lol! Was interesting as I was thinking 4183 was going to see support so I bought there last night and kept my profit stop right there overnight. Think with the employment report out in a few minutes I'll keep it there for now....
#80
Posted 04 June 2021 - 08:09 AM
I may also close one ES LONG around thus level
Ok, took profits for 30 and flipping to building a short starting at 4210, we'll see if the pop holds or not!