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Globex

#ES_F Friday 1.27.23 Overview Review of 1.26.23: Last night Globex opened and found support on our TPOC location from Monday-Tuesday right above our 4030-25 level. We used the volume from morning data to run the stops over 4046 and get us up against our resistance before RTH Open. RTH opened with the stop run over ON High into Supply area where we found our sellers which took us down and broke morning support but inability to break 4030-25 gave us clues that we have buyers below and we can see that below us on the left that we might have trapped some shorts on yesterdays move back out. We took in all of the supply above and made another run, I assume they might have waited until the end of the day to run it because we had so much supply above, even the push over it was slow and grindy which doesn't mean its weak but to me says lots of sellers and the buyers are just the unwilling shorts getting bought in. Besides the slow and grindy action levels held very nice and targets were hit, in the morning started thinking they might have the juice to get over 84 but with them having to first flush out supply was not enough gas but we hit 77.25 almost to the tick. Overview for 1.27.23: We will have to see how Globex will set up before PCE Tomorrow but we are now in area of supply, our bigger time frame level above is 4084-4123 which is our pocket of resistance and supply. Since we are up here and covering they might need more liquidity to get covered and with tomorrows data they might try to use that to make a run at it. Depending on how they will play it out I think we can have a very tricky day because we are currently over T2 high, over Monday high but we are within range and willing buyers might be running out, do we flush everyone lower, trap shorts and use that to head over 4084 into supply, do we build a base here get over it and head for that then flush it back down? lots of questions for tomorrow and might be a difficult day. We have our potential support under 4061-56 and 4046-42 levels if we make a run for higher supply area and fail there and start taking out those supports the flush can can be big to the downside. Letting things open and show the way might be a smart thing to do tomorrow; Levels to Watch: Resistance : 4143-37 // 4123-4119 // 4103-4099 // 4084-77 Potential Support 4046-42 // 4030-25 // 4013-08 // 3994-89 Area to watch is 4061-56 and 4084-77 Tonight and RTH Tomorrow IF we do happen to get a big move down, better support areas below are 3957-53 // 3944-40 Which is our T2 Low area
CME_MINI:ES1!
by HollowMn
2
#ES_F Thursday 1.26.23 Overview Review: Last night Globex opened and drove under 4030-25 trapping supply over which started our move overnight move. Yesterday we had signs that inventory is still low and someone is buying, Globex was used to drop the bid under Previous day low which helped get us under 94-89 and our T2 Low Support which made more people sell out into the buying under 3976-71. Once selling has stopped the inventory was short and our supply was back over 4030-25, today showed us that there is still size covering and wanting that supply. 4076-71 was look below and fail, once we got back over T2 Low and 3994-89 position was below us. Overview: Interested to see what we will do in Globex tonight, we still have supply that is coming out from above this 4042 area and now our buyers are under 4025 and under 4012-08. If we break under 4030-25 there might be a chance to visit 4012-08 or close to it, if we wont see a full test or break under it that will show strength going into RTH but it might be a tricky day as we might be trying to get as many sellers shaken out before making another run at bigger Supply area. as long as we are holding over 4000-4012 area there is a good chance to make another attempt higher to 4046-42 // 4061-56 which would be our T2 High and maybe get close to 4084-77. Ideally we don't go there tonight first but instead come down lower and consolidate. If we do get over 4061 at whatever point that is not the best area to add because that is an area of bigger supply and things can come to an end quick. Area to be careful at. If we do break under 4012-08 - 4000 those will be first red flags and break and hold under 95-89 would be a big warning might change things to the downside pretty quick. Levels to Watch: 3994-89 // 4012-08 // 4035-25 // 4046-42 // 4061-56 // 408477
CME_MINI:ES1!
by HollowMn
Dragonchain £16.5 MillionThe U.S. Protections and Exchange Commission has squeezed charges against Dragonchain for supposedly bringing over £16 million up in a contribution of unregistered "crypto resource" protections — a gigantic sign the controller is extending its campaign against the digital money space. SEC Files Suit Against Dragonchain The SEC has hit Dragonchain with lawful activity. The protections guard dog on Tuesday recorded an objection against Dragonchain organizer and CEO John Joseph Roets for neglecting to enroll £16.5 million in crypto resource protections offering. The SEC is likewise suing three business elements related with Roers and Dragonchain: Dragonchain Foundation, Dragonchain Inc., and The Dragon Company. The protest, documented in the U.S. Area Court for the Western District of Washington, asserts that the litigants got £14 million from the offer of Dragon tokens (DRGN) in an underlying coin offering (ICO) advertised to around 5,000 financial backers across the globe in 2017. An ICO is a financing model utilized by blockchain new businesses to quickly raise capital. The organization welcomes financial backers to buy its recently made token or money through a limited presale before it is delivered to the public.Twisting the blade, the SEC likewise guarantees that every one of the three elements and the pioneer sold an extra £2.5 million worth of DRGNs to cover business consumptions and market Dragonchain innovation in the period somewhere in the range of 2019 and 2022. Dragonchain was created by the Walt Disney Company in 2014. The convention became open source and was delivered to people in general in 2016. Dragonchain, which promotes itself as a cross breed blockchain framework for "tackling business issues at an endeavor scale", has not been in standard cryptographic money news much in the midst of other sprouting projects. The SEC is looking for long-lasting orders, common financial punishments, and vomiting of the returns. Roets Says He Has A 'Exceptionally Strong Case" Against SEC Charges The Dragonchain boss designer is freely getting down on sketchy conduct by the SEC. Roets, who had recently been educated by the SEC regarding the test, tended to the charges prudently in a letter from May posted on Tuesday. He vowed to give an exact contention to demonstrate that the U.S. top monetary cop shouldn't record charges against the named respondents for infringement of protections regulations. "The SEC is singling out tasks to target, frequently singling out the ones with the greatest chance to upset occupant interests, while giving a free pass to other people," Roets declared. "The commission is attempting to shoehorn programming innovation into inconsistent protections regulation from the 1930s. This raises doubt about whether the Commission comprehends the innovation enough to manage it really." Roets accepts he has a "exceptionally impressive case". Whether Seattle-based Dragonchain chooses to mount a brutal lawful guard against the SEC (like Ripple) instead of settling is not yet clear. The SEC has for a really long time neglected to direct the security status of numerous digital currencies while constantly contending that crypto resources ought to be brought under the domain of protections guidelines. The organization has rather picked a "guideline by requirement" move toward that has gotten under the skin of numerous crypto lovers. Last month, the SEC broadcasted that nine of the digital forms of money recorded by Coinbase were to be sure protections. The office is additionally investigating whether the crypto trade allows Americans to exchange such tokens that ought to have been enrolled as protections.
DLong
by DEinvestment
ES 1.18 What can we see today? ON Inventory 100% short from Friday close, we are currently being held up and position is being put together. Will want to see a correction at the open or before to sell this and then see if we will keep going lower or will we have all the supply to take this thing higher? Big levels to watch on the downside are 4572 - 4546 - 4522. We are under T+2 Close if we dont get back in range and hold then can see some margin call selling and hit some of those lower levels maybe lower depending on order flow. On the upside we need to get back over 4640 and then we will have a lot of stops at 4672 - 4705 but that will only happen if we have all of the supply and there will be no more selling. Have to stay open and look at both sides at all times.
CME_MINI:ES1!
by HollowMn
What can we expect tonight and tomorrow on ES? Lets see here...Globex right of the open inventory was long and we found a seller, sold lower until we found buyers AKA trapped shorts under the 4640 level, longs started building a position there once price stabilized, which was then taken and sold higher but since it was a low volume holiday we didn't have enough gas to take out the stops from overnight high. Tonight and tomorrow looking to see if we have more selling to take us back and test 4640 area again or do we have all the supply and use Globex to take the supply higher over 4672 to sell it between 4672-4705-4740. IF we do not have all the supply yet would watch to trade between 4672-4640-4630. Unless we get some OTF ( outside time frame selling ) we do not expect it to break down to 4607 because we have limited supply and there are buyers waiting for it under 4640. Looking for longs around 4640-30 and under, shorts around 4672 unless we break and hold over/under those and see signs of continuation higher/lower. HIT Like and follow my insta if this is helpful or you used it in your trading leave a comment let me know! Thanks
CME_MINI:ES1!
by HollowMn
BTCUSD reached a turning point for LongLooking at Bitcoin we can both notice that Bitcoin has been falling rapidly in the past few weeks due to China and Tesla refusing to accept Bitcoin. Bitcoin fell from 60k to 29k which was a bad fall but an opportunity for new investors to capitalise on by buying Bitcoin as it has already reached a turning point and gaining back it's momentum and value. So for every trader it's a good news because Bitcoin will go Long. For more accurate details you can check my Analysis
OANDA:BTCUSDLong
by ForexKid101
E-Mini bouncing from higher timeframe demandESH2015 (E-mini) has setup a long signal in the Globex session from a higher timeframe (15min) demand levels. Drilling down to smaller timeframe to get a better risk reward I have a long level that has triggered based on the demand at this level and the indication of institutional buying at this level based on an abnormal high volume spike prior to the long signal bar. When we get a high volume into a supply or demand where we se a change in direction that indicates that there is stepping in larger participants buying and not selling at todays level. The drawdown with the quality of this levels is the fact it is based outside the normal tradinghours. Still I find the R/R of 3,8 towards the oppsing higher timeframe supply interesting. See chart for entry, stop and target and position size based on 2% risk on a $20 000 account. Update / Trademanagment: The tradesetup has come to the target. Here you can choose if you would like to extend the target as the MTP STF indicator is showing relative strenght at the moment coming to the higher timeframe supply. You can either taking out the almost R 4 trade (return is close to 4 times more than your risk) or you can trail with ATR stop show in the chart as dots.
CME_MINI:ESH2015Long
by MajorHunter
1