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NQ + ES holding above ORL. Currencies did their wild swings this morning too.
Shorts need a break below PP for ES to confirm weaknesses.
Currencies are moving in favour of USD.
=> ES in trouble.
1 minute time frame forming double bottom, length of double bottom is 1.75 points.
2 tick new low, still could not sell to S1. Now bounce back and encounter a longer term moving average.
All stop could be at 1219.5, if breached it could go back to day high.
There, the range expansion from 11am, 12pm and now 1pm new low, Yay!
Watch out – cable & ninja tagged their previous week extremes.
If they fail to breakout, ES will snap back up quickly.
3 pm new low completed.
Next target is top of the gap at 1207.
That is also the weekly PP zone.
07 tagged. Done for the day with ES.
NQ + ES holding above ORL. Currencies did their wild swings this morning too.
Shorts need a break below PP for ES to confirm weaknesses.
Currencies are moving in favour of USD.
=> ES in trouble.
1 minute time frame forming double bottom, length of double bottom is 1.75 points.
2 tick new low, still could not sell to S1. Now bounce back and encounter a longer term moving average.
All stop could be at 1219.5, if breached it could go back to day high.
There, the range expansion from 11am, 12pm and now 1pm new low, Yay!
Watch out – cable & ninja tagged their previous week extremes.
If they fail to breakout, ES will snap back up quickly.
3 pm new low completed.
Next target is top of the gap at 1207.
That is also the weekly PP zone.
07 tagged. Done for the day with ES.