Looking for slight pull back with price action that supports bullish narrative, around 34,900 then buying on bullish engulfing candles. Looking for Down close candles being rejected to form bullish engulfing. I'm not a genie or oracle so it's difficult to predict if it takes out the highest before moving lower or vise versa . This is the Third and Final leg up...
Es appears to be in a long side trend channel. It is currently bouncing off support. Long opportunity a retracement to midpoint of channel. I hope you find an opportunity in this trade idea. Please like and share if it helped in any way. Thanks for reading. Feel free to comment.
Trend line resistance appears to be oversold and rejection at trend line shows long opportunity. Going down to 5 min for entry. Wait for confirmation above last 2hr down bar. Long above at 3962. Retracement to middle of channel is target 1. Please like and share if you find value. Please add any thoughts in the comments. I would enjoy hearing your thoughts or...
The NQ momentum looks to be slowing to the down side. I don't have a crystal ball so take it with a grain of salt. With the Money flow being really low on the 6h chart, the macd making a cross to the upside, I'm calling a long here or a lil lower after today's session to see where it lands. Small size maybe even micro. Stop is pretty obvious with prior low. If...