Here is the TD page for the upcoming week.
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
ES rising nicely in here. Made back all that late afternoon drop off the flat already. Has the 'big bounce' started? I don't really know, and I don't need to know to trade. I'm intermediate-term short-side bias, and short-term long-side bias. That's all I need to know to look for setups, and then what happens happens. That's the way I play the game.
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jimkane
Rep: 3,058
Posts: 33,089
Man, this price action is just nuts. Up nicely, sell it down hard, run it right back up. About 24 points in three smoothly trending swings just since the close! Awesome. And this is holiday trading! I'll take it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Got up to use the bathroom, and of course I have my platforms up and running. Can't resist a quick check, and found the ES 14 points off the low and rising. Just as I suspected...
JI
jimkane
Rep: 3,058
Posts: 33,089
That does look like the most likely case scenario, roofer. Great charts.
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jimkane
Rep: 3,058
Posts: 33,089
I was so groggy when I posted that last night, as soon as I got back into bed I was wishing I had added: 'Keep an eye out here, though. Just look at that bearish ABCD with key lines, .382, etc. all here. If they want to hammer it again, this is a dangerous spot for the bulls.', or something of that sort. And down about 18 points it went, complete with a classic 'Wave 2' and TL creep break for a trigger on that second entry.
Originally posted by jimkane
Got up to use the bathroom, and of course I have my platforms up and running. Can't resist a quick check, and found the ES 14 points off the low and rising. Just as I suspected...


