All this rally was for nothing, another 2 weeks correction.
Edited by CLK, 03 July 2020 - 12:20 AM.
Posted 03 July 2020 - 12:19 AM
All this rally was for nothing, another 2 weeks correction.
Edited by CLK, 03 July 2020 - 12:20 AM.
Posted 03 July 2020 - 12:30 AM
A move back up to 3175 first would signal no top though, need more than just a marginal new high.
Posted 03 July 2020 - 07:47 AM
All is not a sure loss for bulls here. This is what happened after the 5hr MACD rolled over in May, out of the "W" pattern.
Posted 03 July 2020 - 08:36 AM
Double top with bear flag breaking down...
Posted 03 July 2020 - 08:45 AM
When the 5hr MACD crosses, it will retest, if it retests near ES 3150 or 55 then that would be a decent spot to short
with a 10 point stop or so. If it breaks 3175, then the correction is over for sure.
Edited by CLK, 03 July 2020 - 08:46 AM.
Posted 03 July 2020 - 09:32 AM
Shanghai Composite Index ($CHSC) took out the mid January 2020 high last night and closed at 3152, so the downtrend line from Jan 2018 at 3600 peak, and when the Trade War stuff started, has been broken to the upside this week.
Posted 03 July 2020 - 10:46 AM
When the 5hr MACD crosses, it will retest, if it retests near ES 3150 or 55 then that would be a decent spot to short
with a 10 point stop or so. If it breaks 3175, then the correction is over for sure.
Posted 03 July 2020 - 10:49 AM
Shanghai Composite Index ($CHSC) took out the mid January 2020 high last night and closed at 3152, so the downtrend line from Jan 2018 at 3600 peak, and when the Trade War stuff started, has been broken to the upside this week.
Posted 03 July 2020 - 11:22 AM
Posted 03 July 2020 - 01:18 PM
Your slogan on the bottom contradicts, if you are faking being honest then you are not honest!