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 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.
עסקה סגורה: היעד הושג
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.