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Es1!short

FIBS CONVERGE - .612 .382 SPX AND ES1 SHORT PRICE REJECTION 37 minutes ago Comment: SEE FUTURES MAKING THIS MORE CLEAR = Interesting how FIB lines stay constant no matter what start or ending point you use 1. The Fib from Jan 4th high calls this the .382 Resistance line 2. The Fib from Aug 16th high calls this the .618 Resistance line 3. They BOTH LAND on the 4000 cash - 4030 on the FUTURES Note the declining volume the higher she goes Notice how the EMA CLOUDS mark key TURNING points marked with circles as it rose into the cloud EMA Cloud where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Swing Trading 5-12 or 5-13 EMA cloud acts as a fluid trendline for day trades. 8-9 EMA Clouds can be used as pullback Levels –(optional). Additionally, a high-level price over or under 34-50 EMA clouds confirms either a bullish or bearish bias on the price action for any timeframe
CME_MINI:ES1!Short
by CapeAfrican
4
ES 4016 now support zoneI want to see a slow grind down to 4016-20ES zone for a potential bottom and then one more up to 4069-81ES to finish the whole move up Ideally we see that low on Fri open I have a turning day on the 28th, should mark the high. Below 4016 the price will see a support at 3990-94 and if below 3969-73.5 Make your bet for Fri open, share with others on other sites. Lets get a better picture of an average strawpoll.com Im short half size for 4020 exit or stop above the highs Happy Thanksgiving Everyone!
CME_MINI:ES1!
by RealTima
SPX500 Index Crash - 2022-2024Three attempts at pulling back: Pullback One: Clearly, the strongest positive angled pullback of the three. Short-lived and rejected fully met. Pullback One, can be construed as the second weakest pullback, if you take into consideration how quickly it came, and went. Upon failure, strong downside ensued. Lower-Lows in Down Trend. Pullback Two: Calm, Collected, Strong Pullback. The strongest of the three by far. She went boys. She sure did. In this moment, I don't know why she failed. The fact remains. Strong Pullback Two was eviscerated. Upon failure, strong downside ensued. Lower-Lows in Down Trend. Pullback Three, was absolutely slapped off her bar stool by the way FOMC Meeting candles printed on the chart. Followed up, by currently, an absolute horror show of an attempted recovery, in coordination with some suspicious early morning futures activity and the ensuing intraday. Was not a pretty sight. My Official opinion is: SPY500 is an absolute dumpster fire. Please take caution with your investments and invest wisely or take profit wisely. However you do so, I believe that the SPY500 is going to at least 2700 if not 2500 if not 2275. Thank you, Mr. Storm DUMPSTER FIRE.
CME_MINI:ES1!Short
by LvNThL
1
SPY, SPX, ES1 Futures WYCKOFF DISTRIBUTIONThis is my take on the SPY ETF and SPX. It seems though there was much buying near the support, many other market participants or the CO (composite operator) was off loading--or even initiating short positions-- these shares. There are many economic hints that point us into the conclusion of a Recession--Yet of course recessionary news is posted every day even in a bull market. However, as a National factor for the US, Interest Rates have been on a rise. Inflation expectation is also on the rise as the FED continues to look forward to rate hikes in the future. Taxation--as one of the options-- may increase as to RID excess money from our system, thus Unemployment should increase as many companies are forced to lay-off their employees. Additionally, with the increase of interest rates this causes housing values to decline rapidly. With housing still in demand now, new housing ownership should decline slowly, as many cannot afford the interest rates on a loan to build or buy housing. Housing Ownership and Stock market Prices really do not have a correlation, nor does Stock price and GDP. However, Interest rates have a correlation with nearly all Industrial and Stock Effects. My Bias Is Bearish: This is Soley due to The Technical Aspect. There was existing support however was quickly reversed as resistance-- The offloading of Institutions who entered on the wrong side of the market--forcing a liquidation of their assets at break even or lower. THUS, the backup move was essential for the market to mark down to lower prices. It seems that it will be a slow process of a continuous move lower.
AMEX:SPYShort
by Integrity_Investments
1
ES AHs updatePerfect 4200 hit, I had few running from 4148, some was exited at 4172 and 80, one at 4196.5. Have only 2 left, will exit at BE or if we extend to 4210-20. Im short NQ after the close. Nothing broken, Im looking at it as another bear rally. EOM will be quite surprising. Its def frustrating for many who short every top, have stops!!! Always hedge! If resistance broken, flip to the long side, its that simple. My internet problems cost me 3k in un-managed stops, was able to cover half before the close, but still not fun Tomorrow is a weekly closing, as well as PCE numbers, last 2 times we sold off hard on those, will the history repeat? Im betting on down, bought some Aug 31 puts as lotto trade as well as I have NQ shorts running. Its a directional change tomorrow, only 2 scenario, it will just continue the same pathway and we go up to close the gap or just open down and make a reversal. Make your bets, I made mine. Its a game we all play, never 100% but must win more then loose. Again, always have stops! Will do SPX later tonight, when I see updated numbers and cycles.
CME_MINI:ES1!Short
by RealTima
39
ES gapped down as expected, must hold levels for tomorrowMust hold level for tomorrow is 4172-90. We must penetrate 4200 or 11th low to mark the temp (if not maj) high on Aug 16th Ideal target is at 4045-60ES on this move lower and the bottom timing is on 25-26th of Aug. Rally after into the 2nd of Sep high! I dont want to be long going into the Labour Day weekend; market, historically, tops around the Labour Weekend. SPX next to update with detailed notes to those who are on my email list. Will update that chart tomorrow am here
CME_MINI:ES1!
by RealTima
7
ES AHs updateES broke the uptrend small channel off am lows, good sign there. Its also jumped out its upper bull trend channel, must watch for possible fake out. If it means business for the bulls, I will trade the re-test of the trendline in am. If you look at the chart, you can see that we hit 1.618 to the penny and the price is hovering right at the extension zone. I say it's a very important place to continue or reject, it seems we hit the wall here imo. Im swing short here and have no stops at the moment, will be watching for the breakout to hold or fail
CME_MINI:ES1!Short
by RealTima
1
Going down sir? “The Rowing Song” Round the world and home again That’s the sailor’s way Faster faster, faster faster There’s no earthly way of knowing Which direction we are going There’s no knowing where we’re rowing Or which way the river’s flowing Is it raining, is it snowing Is a hurricane a–blowing Not a speck of light is showing So the danger must be growing Are the fires of Hell a–glowing Is the grisly reaper mowing Yes, the danger must be growing For the rowers keep on rowing And they’re certainly not showing Any signs that they are slowing
CME_MINI:ES1!Short
by thebrooksbirdclub
WILL THE S&P 500 E-MINI FUTURES REVERSE??Despite the huge upside we had the last weeks, we are STILL in a massive downtrend. I see it going up till 4200, when it should lose some momentum, this volume has been driven by the results of big companies. I think that the market today is not pricing the stagflation that we are heading into, and it won't till the analysts of wall street adapt their expectations to reality. By the end of the year we should see it between 2800-3500. The "official" inflation seems to be in its peaks now, but I don't see a clear recovery till 2024. Now the USA Government is saying that two consecutive periods of negative GDP doesn't mean that the economy is in recession. Honestly, I think they are just trying to keep the market up the longer they can, in order to sell their balance sheet at higher prices. This thing can reverse in every moment, or it could continue to be bullish. Better wait to trade to the downside till some clear reversal appears. I'm still bearshing over the next 6-12 months.
CME_MINI:ES1!Short
by GenadiYankov
S&P500 TA: Expectations VS Reality, Potential 2008 Repeat?This devastating bear market officially began 6 months ago back in January 2022 for the S&P 500, and it's far from over, with an official recession on the horizon, potential bankruptcies, a housing bubble that's about to pop, and potential war, there is a lot of fear in the economy & market, but could there actually be some similarities between the 07-09' crash to today? The last real recessionary bear market began back in October 2007 where it made it's first leg lower, had a relief rally to make a lower high, made it's second leg lower and when the next relief rally began many people thought it would run back to the top of the supply line near 1400, but instead the rally got cut short at around 1300, chopped around for a few weeks before the big catalysts flooded in that caused a major capitulation event from Sept to Nov 2008, And in 2022, s&p topped out at 4800, first leg lower went to 4100, relief rally made a lower high to 4600, next leg lower made a lower low to 3800, and naturally people assumed the next relief rally would bring us to 4400+ at the top of a newly formed supply line, but so far it only got to 4200, chopped around for a few weeks, and currently at 3900 (on June 10th, 2022), and as the summer & fall drags on could lead to a mass capitulation event if/when the right catalysts start flooding in. Coincidence? or Intentional from the market makers? only time will tell.
CME_MINI:ES1!Short
by CryptoGuy234