Market Analysis /ES

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SteelerDayTrader
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Market Analysis /ES

Post by SteelerDayTrader » Sat Sep 07, 2019 3:14 am

Current /ES = 2983

/ES has broken out above recent resistance at 2946-47ish and looks to be anticipating a Fed cut on Sept 18. I expect this move to at least test the 3029.5 high before possibly breaking down and giving a sell signal currently at around a projected 2965 on the 200SMA.
Last edited by Guest on Mon Sep 09, 2019 12:52 am, edited 2 times in total.


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SteelerDayTrader
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Post by SteelerDayTrader » Sun Sep 08, 2019 10:34 pm

/ES opening up sideways, which I see as bullish after Wednesdays breakout.
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 12:18 am

Im looking at 2988 for a signal
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 12:38 am

Nice pop to 2986.....possible breakout coming
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 6:12 am

Bullish tests and holds. I hate trading Mondays but we might see a big day coming up

3am - 5am will probably give some clues.
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:12 pm

US Futures cleared for takeoff !!! 8-)
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:31 pm

If you got in at 2983 take 2988 and wait for a bounce signal here
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:33 pm

Short at 2986
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:38 pm

Buyers running out of strength. Could get a nice move short here.
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:42 pm

If this breaks 2986.5 I will flatten
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:50 pm

Still short

If the COMP breaks down 15 more pts we will get a nice drop
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:53 pm

13 more pts to go.....cmon break !!!! 8-)
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:54 pm

7 more to go .....cmon !!!! 8-) :twisted:
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:55 pm

Moved my stops to safeguard a bounce here
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:56 pm

8097 COMP and we will get a NICE move
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Post by SteelerDayTrader » Mon Sep 09, 2019 1:59 pm

Im piling on at 2981 :twisted: 8-)
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SteelerDayTrader
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Post by SteelerDayTrader » Mon Sep 09, 2019 2:09 pm

Alright

Im gonna take my 7pts and call it a day :lol:

Not enough power to breakout either way

I think it will continue to consolidate and move sideways for the moment
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