MES1! Starting to get what I want to see to expect the 8 hour 50 SMA that currently sits at 6073. So long as we don't recover the 30 min 50 today in a big way, I would expect that target to hit this week. As it is approached, the higher timeframe money flow can be examined to see if we are looking at bullish trigger waves or bearish continuation.
MES1! This 15 min 50 would be a good place to start seeing a lower high rejection. Money flow is still wild on the higher timeframes so I suspect it is going to take a day or two of consolidation to change that. Unless we did get a headline that sent it rolling down. The monthly bearish divergences often are accompanied by that but not always.
MES1! ok as we are all thinking and sharing... for now i am waiting for it to reach 6250, might be 6245 again, for another rejection, THEN we will see the real flood coming... no rate cute, trade agreements shaky... a BBB on its way... or not... we are highly overbought on high timeframes and needs a a correction... and as it has been said, huge gap to fill... Might not go like this, but this is my view and what I am expecting... for now I stay out and see what we get, but as its holdimg for now... spectating and awaiting for that sign that the dams will break...
ES1! hey guys, do any of you do prop firm trading or you margin with your brokers?
MES1! Starting to get what I want to see to expect the 8 hour 50 SMA that currently sits at 6073. So long as we don't recover the 30 min 50 today in a big way, I would expect that target to hit this week. As it is approached, the higher timeframe money flow can be examined to see if we are looking at bullish trigger waves or bearish continuation.
