E-Mini S&P 15 Min. Market Report

Strategydb believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.



Market Mode of Behavior: ES : CME : 2995.75 : Micro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Medium Bear Mode criteria. Price is trending lower.

For the entire data set this market has been in Medium Bear Mode 12.71% of the time.

The average number of bars spent in this Mode before transitioning normally = 15. Since the current number of bars in Mode = 4, this Mode of Behavior still has 11 bars to mature before meeting its average and possibly transitioning. Remember that this analysis is being performed on the 15_MIN._ bar interval.

The average price growth during this behavior is approximately = -6.52. This is compared to the current price growth of -0.50. Based upon the closing price of the most recent bar, price growth has yet to be met.

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Transitions & Time: ES : CME : 2995.75 : Micro: Background on the current Mode of Behavior...
Transition from Volatile Bull Mode occurred 4 bar(s) ago.

According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This VBUMBE transition occurs very often.

Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.

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Standard Analysis: ES : CME : 2995.75 : Micro: A closer look at the current Mode of Behavior...
The current bar's close at 2995.75 demonstrates that prices should continue lower.

Cautionary price levels 0.18% below the market are outside the Average True Range price percentage window of 0.12%, currently lowering the short-term probability of transitioning out of Medium Bear Mode.

The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.

Volatility based on the 16 bar Average True Range = 3.53 points, (based upon the underlying's price scale.)

The price change versus 1 hour ago = 0.75. The price change versus 12 hours ago = 5.25. The price change versus 24 hours ago = -19.75.

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Advice: ES : CME : 2995.75 : Micro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.

Range trade this market from the short side. Sell rallies. Do not trend trade.Place sell orders to establish shorts just below recent highs.

During Medium Bear Mode longer time-frame traders disagree with short and medium time-frame traders. Medium-term banded ranges occur with a bearish slope. (--+)

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Natural Attraction: ES : CME : 2995.75 : Micro: Expected tendencies and targets...
During Medium Bear Mode prices should tend towards a point located at 2975.10.

A long-term price structure located at 2975.10 is less than 0.7% away.

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Support & Resistance: ES : CME : 2995.75 : Micro: Specific trading levels or bands...
SPEEDVIEW TRADING WIDGET

A key level to watch, located at 3005.33 is exactly 9.58 points, or 0.3% away.


Trading Band1 Level = 2995.72
Trading Band2 Level = 2992.19
Trading Band3 Level = 2988.66
Trading Band4 Level = 2985.13
Trading Band5 Level = 2981.60
Trading Band6 Level = 2978.07
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Price Growth / Decay Projections: ES : CME : 2995.75 : Micro: Growth / decay projections...
Target#1 Hit @ 2992.22

Target#2=2987.72
Distance=8.03
Move=0.3%
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Common Technicals: ES : CME : 2995.75 : Micro: Values for commonly used technical analysis indicators...
Micro = 15 minute updates...


Momentum Indicators

09 Day RSI = 51.67
10 Day RSI = 51.81
14 Day RSI = 51.44

Moving Averages

003 Bar MA = 2995.75
004 Bar MA = 2995.56
005 Bar MA = 2995.70
008 Bar MA = 2996.28
010 Bar MA = 2996.05
014 Bar MA = 2995.95
018 Bar MA = 2995.53
020 Bar MA = 2995.19
030 Bar MA = 2993.84
040 Bar MA = 2992.57
050 Bar MA = 2993.82
100 Bar MA = 3005.34
200 Bar MA = 3009.91

Oscillators

12,26 Day MACD = 0.48
9 Day Smoothed MACD = 0.40
Difference = 0.08

Volatility

20 Period Bollinger Bands +2 Devs = 2992.75
20 Period Bollinger Bands -2 Devs = 2992.75

Wilder Parabolic Stop and Reverse

ParabolicSAR = 2999.25
Chart PatternsTechnical IndicatorsTrend Analysis

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