Buy Signal Entry - 4458.50 TP - 4654.00 SL - 4388.00 For Daily Support/Resistance levels click here! www.cannontrading.com **Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used....
Many indication point to a near term short. 1. The blue Arrows measures the pullback swings. Currently we are exactly at the highs, where price usually turned south. 2. Price got rejected again right at the KillZone 3. The A/R Resistance converge with the current high. 4. The indicators MACD & RSI signal short. So, what's a Trader to do here? Could price move...
Today: ** 4345 range is a border I see the market needs to cross to show more of its longer term plan. to the down side overnight low. strong long side trade 4323. then 4345. A drop below overnight low could see yesterdays lows.
Arrow marks the possible location of the next long entry, will keep you informed if i take it.
Un real this new indicator has been absolutely amazing, locking in maximum gains day after day. I try to post them here before they happen but it is hard to get them out to you in time and still trade them. I will try, or come check us out.
Short term Long sided trade on MES. I am expecting long sided trade because delta is hugely diverged. So i will give it a shot.
The S&P 500 has flipped back to Bullish for the Short Duration Timeframes. From a Weekly perspective, it remains in Negative Territory. OSC's remain well below respecting the 3 and 4X divergences which built over months. As Price traded down the lower Channel Boundary for the Downtrend on its third test of Support volumes began to wane, although Money Flow...
The S&P 500 is still bleeding overnight in the futures market. The breakdown of the SMA(50) along with breaking the downside of the Keltner(1.5) and Keltner (2.5) bands hints at a change in trend. It would generally be rare for such a strong market to turn on a dime, but recent pullbacks have been violently strong. The next major support would be around $4100...
Directions of the MES for long and short. Long entries are blue rectangles. Short entry is the red rectangle. I would prefer the long side because the overall picture and bias is based on my option long. See how it goes. Thanks Holm
The stock indices all broke below the prior sessions lows to make new lows for the week. But I noticed a few signs that made me pick up some micros long (MES, MNQ, KYM, M2K) right before the 5pm EST close. Long MES 4385 Long M2K 2152 Long MYM 34822 Long MNQ 14827 $150 risk per position
TF: 4 Hr I am looking for a breakout either way out of the zone.
Even with stim pass, the algos aren't able to get past this wedge. Lot of bulls are going to be trapped up here. Although we did break out of this desc. broadening wedge on the daily, so any shorts here gotta be tight stop lossed. I'm shorting from 3909 myself.
Although it is a bullish falling wedge, the confluence of two strong resistances here should be a good risk/reward short. DXY still up and TNX yield not hammered down enough today to warrant this amount of exhuberance. Bear in mind, something absolutely crazy like a run up to 4020 can happen, so be quick to eat the loss if you short this setup right now.
ES was supposed to crash last week after it broke down out of its rising wedge, but they managed to juice it so much that it got back into the rising wedge it broke out of. This time around, the selling will not abate until 3347.
Shout out to @Nanda86 for this awesome Monthly, Weekly, Daily OHLC Indicator. Amazing gift to the TradingView Community!! See the Monthly Hi Support bounce overnight Globex on the Micro ES
Looks like we are heading towards last week's resistance and with positive news such as Tesla starting Monday, December 21st will begin trading as a part of the S&P 500 index, it seems like we are going to hit a new all-time high next week.
Hi everyone, my name is Daniel Abrams, today is my first day on TradingView. I have been trading for the last year and gained a lot of experience during this time. Having big profit days as well as big red days taught me a lot. I think that’s something we all encounter as traders. The purpose of these posts is to keep me regularly occupied with ideas and analysis...
Short term Long Setup for US500 A simple but effective technical analysis using tops and bottoms with scale in strategy. Scaling refers to the trading strategy of buying multiple orders at different prices so as to limit the impact of putting in one big order.