MatthewSwinford

MatthewSwinford

4 HR momentum is still to the down side. But demand is holding for now. If breaks next demand is a little further. Looking at a 3:1 short from top of globex.

MatthewSwinford

Gap up in a down trend. I think momentum is slowing down for the NQ. Looking for a short day trade 1:3 Risk to Reward.

MatthewSwinford

Price didn't break the control low yet, but with the long basing and the RSI is saying momentum is to the down side. Price may not hold.

MatthewSwinford Updated 

Wrong about yesterday saw the diveranges but went the wrong way. Still walk way with some profit. Today: Short at demand exit at 240 supply zone. 240 Min RSI is looking weak so selling could keep going.

MatthewSwinford Updated 

ES trend is sideways with a divergance on the 60 MIN RSI but RSI on 240 MIN is also bullish. Looking to go long on pull back at demand target at supply. Trade Management: Once entered wait till 1/2 way to target then move stop to break even. Manage stop on 60 Min with 13 EMA.

MatthewSwinford Updated 

RSI is showing weakness onm 60 min. Looking to short at first supply zone and getting out at first demand zone. Looking for 3:1 R/R.

MatthewSwinford Updated 

RSI momentum has broken above 60, BULLS are in control for now. Looking for a pull back into Demand (Green) and exit trade at Weak Supply zone (First Red) Trade is looking to be a 1:4 Risk to Reward.

MatthewSwinford

Not a lot or room for the trade. But lets see what happens.