ES! / MES! Bullish Futures Close
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 positive, 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, then we'll have to look to see if Price/Risk supports the move, because there is too much weakening in the Price Momentum. Only very short term timeframes (<1 hour) are positive. So, this is a mixed picture overall.
I bought some ES 3985, so hoping we move to 4000 for quick gain.
Based on Price/Risk indicator, I expect a gap up tomorrow. Indicator closed positive, 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, then we'll have to look to see if Price/Risk supports the move, because there is too much weakening in the Price Momentum. Only very short term timeframes (<1 hour) are positive. So, this is a mixed picture overall.
I bought some ES 3985, so hoping we move to 4000 for quick gain.
Dagangan ditutup: sasaran tercapai
Took a bit longer than i expected, but out at 3997.50
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.