Yesterday I was far away from my target but today the tape is showing the same characteristics, they want to go to 3725 IMO, then below 3720, it will continue to 3690 most likely.
Pivot 3766
Above it long to 3850.
Above it short to 3725, 3686.
Now 3754
It seems they need to balance a little, but at some point they need to go to 3890, it this fail below 3812 a sell off again to 3725!.
pivots 3812, 3840
Above 3812, long to 3840, 3890*
Below 3840, short to 3912 and to the end of the world
now 3823
$es_F #tapereader #Daytrader
We had a balanced day, but they want to go to 3950 to consolidate this position and take profits.
From this price 3909 or 3890 is a good place to be part of the move. Below that levels we can visit 3825.
After many days going up, it is healthy to get a correct in order to keep the markets healthy.
pivot 3942
Above it, long to 3950, 3975. 4000
Below it, short to 3868, 3825
now 3905
The price is moving down, and it seems that the institutions need to push lower to about 3850-35, perhaps in the open it may move up to get "energy" to get to those levels, but the direction is clear now. We have 40 points so far, 50+ points are in the way...
El precio se ha movido a la baja, y parece ser que las instituciones necesitan empujar mas abajo hasta...
It is possible that the markets want to visit 4200 which may give us 40 points. If we keep above 4153 It will be most likely. Now 4156. The IB will have the last word. I am long from from 4153, short below it.
The selling pressure now is great, it could not get above the prior week VAH, therefore it may get down violently to 4340 and perhaps to 4325 too. Now is at the 4370 level.
Due to the last weeks with no corrections rallies, there may be one to keep the things orderly, therefore this correction IMO, plus on the technical side there is support at 4450 level.
Pivot: 4470
Above to 4500, 45112 and 4537.
Below it to 4450 then the averno.
$es_F #tapereading #daytrading
The tape was clear, the price wanted to go up. You can see al prediction tweeted in the charts. I was not ready to trade because I have some things to do out of home, I just gave my targets, but when I get back I saw the markets conditions and I just could not resist and I enter long at 4468 and close my last contract at 4500. As some point during the day I was...
190 points or US$9500 opportunity per contract!! in just 20 hrs, best day of trading of my life since I ask my self how can I trade? in march 2020 when pandemic started.
190 points or US$9500 opportunity per contract!! in just 20 hrs, best day of trading of my life since I ask my self how can I trade? in march 2020 when pandemic started.
