Jump to content
Sign in to follow this  
DrStool

Support Break Tested From Below 7/24/20

Rate this topic

Recommended Posts

The ES broke a trend support line overnight, and has rallied back to it here in the pre-market. It found another support line at 3200 and rebounded. That's now the number to watch on the downside. If broken, then look for a move to 3183. 

ES has edged above the overnight downtrend line here at 5 AM ET. That line is now at 3214. If they don't stay clear of that, bears will stay in control. If they do get above it, they can run it higher for at least the first half of regular trading hours, toward a target of the 3230 area.  

tvc_5d5293e8b351b5f46d101f644427807b.png

 

Share this post


Link to post
Share on other sites

Volatility is gone, thanks to all the liquidity in the market. 

Share this post


Link to post
Share on other sites

Hourly indicators have gone to the buy side. 3 and 5 day cycle up phases due. Today and Monday  should be up days. 

tvc_ef48bdc11b99f728cebd8e3826f5a1c2.png

Share this post


Link to post
Share on other sites

Edging closer to failed buy signals here. Could signal a crash if they break 3189.

 

tvc_166f1a89c4680efeea776bf8a0d49c7d.png

Share this post


Link to post
Share on other sites

Buy signals hold. Up we go. 

Share this post


Link to post
Share on other sites

Hmmm. If this is the up phase...

Share this post


Link to post
Share on other sites
2 hours ago, DrStool said:

Edging closer to failed buy signals here. Could signal a crash if they break 3189.

 

 

Doc uses the "C" word...bullish

Share this post


Link to post
Share on other sites
1 hour ago, fxfox said:

So, it‘s a tie. We stay flat. 😂

Easy for you to say......😃

images.jpg.e8ebcc2388d813eb1b155aded036a002.jpg

Share this post


Link to post
Share on other sites
5 minutes ago, MisFit Kid said:

Easy for you to say......😃

images.jpg.e8ebcc2388d813eb1b155aded036a002.jpg

😂🏻

Share this post


Link to post
Share on other sites
5 minutes ago, fxfox said:

NDX 1hour chart looks reversalish...

Dollar Index is near 94 and Gold is Near 2011 high, Who would have thought it would be there so soon.

nas.png

Share this post


Link to post
Share on other sites

Too many people here. 

Bullish. 

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

    Support your local Stool Board.

  • Market Data

×
×
  • Create New...