Bounce by ES 5180 LONG from there.
Updated
This is the additional Pivot level we added to the Indicator CD_Camarilla All_Levels, so it is the extreme of the extreme buy level. Buying at this level S6 is very safe, just like selling an ALL time High R6, which has never cost me.
If you dob't know about The Pivots study my Ideas. We had. run for 3 months with over 99 trades before we had a loss ( We sold R5, and the FOMC made a surprise RATE change which aused the market to go up for 2 months.
Lesson to be learned there is #1 always safe a stop outside the pivots range, a catastropic stop, not a "tight stop" whch the MM use to tforce overtrading. #2 Don't trade, as a rule, before an FOMC announcement. These are swing trades based on 60" to 6 hour charrts, The Pivots don't show up in daily and above charts.
If you understand what The Pivots are and how they work you know why. a days pivot range is created based on the previous intraday Pivots range.
My trades are also based on many other factors, elliot waves, TTM Squeeze Pro, Candlesticks, etc.
In a 6 hour chart we have a shooting star to continue down. No doubt we will explore S5 and possibly S6.
I have been posting Ideas for 8 years here. Look at my past posts.. 2019 i predicted we would go up for 5 more Ellitot waves before the first ATH Jan 22.
My next major post/Idee was March 2022, I shared that we had a "Tripple Thrust parrern from 2010 we went up on 3 sets of 5 waves up, corrected down from a lwer high, down for 6000 points on the NQ.
Then I posted we would continue up as part of Elliots, Grand Supercycle Bull Market to new ATH which we have all seen.
If you like my Ideas please follow me.
I called this a LONG, but don't buy before S5 or S6 next week.
If you dob't know about The Pivots study my Ideas. We had. run for 3 months with over 99 trades before we had a loss ( We sold R5, and the FOMC made a surprise RATE change which aused the market to go up for 2 months.
Lesson to be learned there is #1 always safe a stop outside the pivots range, a catastropic stop, not a "tight stop" whch the MM use to tforce overtrading. #2 Don't trade, as a rule, before an FOMC announcement. These are swing trades based on 60" to 6 hour charrts, The Pivots don't show up in daily and above charts.
If you understand what The Pivots are and how they work you know why. a days pivot range is created based on the previous intraday Pivots range.
My trades are also based on many other factors, elliot waves, TTM Squeeze Pro, Candlesticks, etc.
In a 6 hour chart we have a shooting star to continue down. No doubt we will explore S5 and possibly S6.
I have been posting Ideas for 8 years here. Look at my past posts.. 2019 i predicted we would go up for 5 more Ellitot waves before the first ATH Jan 22.
My next major post/Idee was March 2022, I shared that we had a "Tripple Thrust parrern from 2010 we went up on 3 sets of 5 waves up, corrected down from a lwer high, down for 6000 points on the NQ.
Then I posted we would continue up as part of Elliots, Grand Supercycle Bull Market to new ATH which we have all seen.
If you like my Ideas please follow me.
I called this a LONG, but don't buy before S5 or S6 next week.
Note
When I posted this I had just woke up, and I dreamed/thought it was Saturday. The entire move happen on Friday, now it is time to et ready to short... We may go down tonight, Sunday evening or on Monday.
Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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