Dow_Jones_Maestro

Dow_Jones_Maestro

ES is still in its Bullish Trend Structure as 3950 has not been violated as of yet. I believe we have a reasonable chance at retesting 4000 some time next week. ES loves to retest highs and lows. What we do once at 4000 is only two possibilities, to break out, pullback and continue. To retest the highs and fail. I believe we have a reasonable chance at finishing...

Dow_Jones_Maestro Updated 

On the brink of another continuation after this pullback. Only if bulls can take control. If closes below EMA then they have failed and price is going back down. I don't see that happening because price has been in a range and is making its way back up to 4000.

Dow_Jones_Maestro Updated 

Looking for a Bear Channel Continuation possibly at the end of the London Session and the Start of the NY session for the measured move back down to 3775

Dow_Jones_Maestro

Here is the last 3 years and what I believe is the most reasonable course of action for the ES. 3200 is the next level of Major Support. We have been in a correction since the high of the year. January 1st was literally the high of the year. If you take the weekly head and shoulder's neckline at 4150 and project it downward you arrive at 3500 which is the 0.5 fib...

Dow_Jones_Maestro

How will the last two days play out for the week? We had a crazy 100 pt. spike down into 3750 in less than 2 minutes. CPI year over year is at a 9.1% year over year increase. This recession is just starting, and we are in for another 2008. Recovery will not start until a new administration is in office 2024.

Dow_Jones_Maestro Updated 

I am waiting patiently for a continuation of the trend trade for the month of July. With 100-point profit potential using a 25-point stop. 1 ES Contract is $5,000.00 USD potential. 1 MES is $500.00. Risk will be roughly $1,250.00 per 1 ES $125.00 per 1 MES Remember risk comes first and foremost before potential profits My...

Dow_Jones_Maestro Updated 

We have been in a bear market since the beginning of the year. I do not see any letting up. It is looking like 2008 all over again. Here I see a bear channel pattern almost setting up for a measured move back to 3400. A 500-point move. ONLY if I can see a strong close under the trend line.

Dow_Jones_Maestro Updated 

The four hour chart just completed the reverse head and shoulders. I am looking for a counter trend sell back to the MA and then the support Long trade back to 4100.

Dow_Jones_Maestro Updated 

Overnight session is more than likely going to continue the downward trajectory in price and maybe NY session will take out the highs as a retest. There is money still sitting up there

Dow_Jones_Maestro

In consolidation up high at '25 level. Creeping trend down with support at the '25 level. NY session was a rip. Profitable trades in the money are sitting down at the 3800 level. Do we hit the high first at 3850 to clear the top then drop to 3800?

Dow_Jones_Maestro

possible long idea off 3800 support. I am looking for a target of around 4000 before the next major sell off.

Dow_Jones_Maestro

Looking for a bear channel to form. short the trap high. ES I am expecting price to fall to 2500 area and possibly lower. We are just barely getting into this crash. take advantage of the sell highs