No registration required! (Why?)

Charts from 4/29/16


I will post come charts again from today. This takes a bit of time, so I probably won't do it much more going forward. I think what I am trying to show should be clear enough with my recent posts. I have to be very selective with the comments since I can only fit so much on a chart, and I want to stay with a certain theme. I just want it to be clear that there is a lot more content and ideas going on than can be seen in this oversimplification. Again, I want people to see the flow of the market and what I discussed about that before on the other thread. You can focus on 'market turn calls' when you look at all this, but that really misses most of what I am trying to covey. I hope all this is of some use to the readers.




Click image for original size
es m60428161min 1



Let me add some clarification comments on two posts. From 1:31 PM: When I said "Do not try this at home!" I was playing off that old saying you hear on TV all the time. I meant the way I viewed that was utilizing a high-level technique, not something I would think anyone would use unless they were very advanced. I did not imply taking a short there was ill-advised in my opinion (and after all, everything I post is just an opinion), only the style and timing of entry I mentioned. A more conservative approach would have waited on a tad bit more confirmation, which came shortly after. From 2:11 PM: When I said "I can't see any way imaginable they can hold that low", I didn't mean it must flush out, only that they will get under it in my opinion, they will not hold it.



Click image for original size
es m60428161 2min



I hope these recent posts have been of some use in gaining further understanding of what goes on in the 'mysterious' KT forum.




Charts created on QCharts, courtesy eSignal
Emini Day Trading / Daily Notes / Forecast / Economic Events / Trading Indicators / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Features / Mortgage Calculator / User Pages / Donate

Copyright © 2004-2018, MyPivots. All rights reserved.