Caveat: This is a speculative view of ES into tomorrow. I base it on two indicators: Price/Risk and Price Momentum.
Based on Price/Risk indicator, I expect a gap up tomorrow. Indicator closed at highs, while price closed well off highs, which indicates smart traders are buying pullback. This probably works about 75% of the time.
If we gap up as I expect, this will also coincide with strengthening intermediate term price momentum, which will also bring in buyers.
My plan is to hopefully buy ES on pullback to trendline ~4025-4030 area. If it does not pull back to that area, I may find another level that also minimizes risk.
Based on Price/Risk indicator, I expect a gap up tomorrow. Indicator closed at highs, while price closed well off highs, which indicates smart traders are buying pullback. This probably works about 75% of the time.
If we gap up as I expect, this will also coincide with strengthening intermediate term price momentum, which will also bring in buyers.
My plan is to hopefully buy ES on pullback to trendline ~4025-4030 area. If it does not pull back to that area, I may find another level that also minimizes risk.
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.