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TonyC
Rep: 99
Posts: 471
This thing looks like it's ready to drop hard.
game over.
MR
mreiserer
Rep: 110
Posts: 2,220
large TD on Globex chart

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MR
mreiserer
Rep: 110
Posts: 2,220
took this for a short


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MR
mreiserer
Rep: 110
Posts: 2,220
EXP right here should give us clues
MR
mreiserer
Rep: 110
Posts: 2,220
if this EXP triggers here, it's a sweeeeeeet trigger...
MR
mreiserer
Rep: 110
Posts: 2,220
that's hot. KT traders saw it.
MR
mreiserer
Rep: 110
Posts: 2,220
key area 923-925
MR
mreiserer
Rep: 110
Posts: 2,220
watch the quasi three drives into the area
TO
TonyC
Rep: 99
Posts: 471
that TD looks good on paper but it feels too 'textbook'... too much symetry i'd say. It's a rare sight for ES in the intermediate time frames (120+min) . The pattern's structure is very appealing but maybe that's why it may fail because it is very attractive to most traders and that may just suck'em in. I am cautious as to not getting mesmerized by pretty patterns...not sayin' , just sayin'.
TO
TonyC
Rep: 99
Posts: 471
not even close to a full trigger for that TD. And early breaks are just met with repeated rollover. That's not the action i would want to see.
If the pattern is this clean then I'd presume a clean trigger too, with clean break and strong pop. Not happening so far.
MR
mreiserer
Rep: 110
Posts: 2,220
What TD are you talking about? The bearish 15 min TD has triggered.
MR
mreiserer
Rep: 110
Posts: 2,220
Not to worry. I deleted it to get rid off the redundant post.