Es

[Brazza]

In my opinion ES is heading to test 1530 S/R cluster, ideally tomorrow late eve. or Wed. am If ES was to move above "the switch 1584" will void the above

( The switch is an S/R that "turn" off downside objectives if the market was to move above and enable outside objectives.)

ESU3 now trading 1560.50

As always, the market has the last word and in due time will show us the way.

 

[Brazza]

ES moved above the switch 1584 but went back below, closing at 1580.50, the downside objective 1530 is still on.
Today the switch is at 1592 or above the S/R cluster seeing in the all sessions 15 minutes chart.

The 15 minute chart also has some S/Rs for day trading. I usually focus on particular objectives and wait for the trigger to enter the market. To exit I use lm orders.

If ESU3 was to move above the switch will cancel the downside objective and 1603 will be the objective.

Just an opinion here. The market always has the last word and in due time will show me the way

ESU3 now trading 1576.75

 

[Brazza]

ES Moved above the switch enabling the short term target at 1603, Notice that today's high was at 1601.25, my LM was at 1602! Usually I place the LM near the target just because of the market not hitting the target exactly -- Needless to say, it hit the trailing stp at 1597.75.


I don't know how often I will post. Will see.