The ES stopped at 2007 doing a great job hitting stop loss orders.


A stronger resistance is between 32 and 44, I guess.


But before that, I would suppose a correction to low 70s.

Perfect rip if the intention was serious selling. Now we see.

I was fastter this time.

Originally posted by jimkane

Perfect rip if the intention was serious selling. Now we see.

Add in a coupla key 1-min TL's and look at all that together, and bang, there it is.

Originally posted by MarcinO

I guess a time factor you often mention plus some confirmation, in terms of price action, had something to do with it?

Originally posted by jimkane

I knew it might be started at 12:35 PM. Try to figure out why.

And I no sooner posted that and they come in. That was my point in italicizing the 'if'. They would only take that if strong net sellers were present, and my concern was not only that strong sellers weren't in the house, but also whether any more sellers were present at all...

Originally posted by jimkane

Perfect rip if the intention was serious selling. Now we see.

I'm liking the cable play so far.

Okay, watch the ES right here.

It looks like resistance guadred by bots.

They will break on the lower side of this tiny range?

They are going down.

Okay, watch closely. The ES just triggered that pullback exactly when I expected it. But, if net sellers aren't in the house, this is exactly how they trap people. I have seen this set up exactly like this over and over and over. It's not about the trigger or the entry setup or anything, it's about if your assessment of net sellers present is correct or not.

they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy