Subscription: Access to Micro Counts of US indices ES – micro – as long as 2,870 support holds it can make one more push to 2,900 – 2,910 If I look zoom-in to 4,500 tick bar chart and look at the rally off the low made on 3 June 2019 Read more…
Subscription: Access to Micro Counts of US indices ES – Daily – this rally makes me very bearish Folks, you know I believe that each wave has own characteristics because every wave has its own composition of investors with different personalities.And that is why different waves have different “look”. The Read more…
Subscription: Access to Micro Counts of US indices SPX – a perfect textbook LONG setup This is how a perfect textbook LONG pattern should look like. Ingredient 1. You have a strong rally in wave ( iii ) up ( topped at 2,954.13 on 1 May 2019.Ingredient 2. Off the top Read more…
Subscription: Access to Micro Counts of US indices ES – we may get a corrective rally in wave ( iv ) up If we look at 90 min chart ( below ) we can see ES may stretch lower in the current wave ( c ) of ( iii ) Read more…
Subscription: Access to Micro Counts of US indices ES – keeps moving lower as expected No change in the count, we wait for ES to dive into the Green Target Box.The sweet spot is 2,793.50 but even 2,798.50 is a good target. At least I would cover shorts there. ES Read more…
Subscription: Access to Micro Counts of US indices ES the bearish setup is alive The rally off the low made at 2,820.75 last Friday looks ugly. Exactly how a corrective wave b up is supposed to look. It stretched to 2,841.25 but could not reach to the top of wave Read more…
Subscription: Access to Micro Counts of US indices ES – stop for a bearish count is 2,840 At this point wave b up looks completed and wave c down looks having startedI would set a stop at 2,840. If bulls manage to take out that resistance that would decrease probability Read more…
Subscription: Access to Micro Counts of US indices ES – maintain bearish bias As I noted in the previous update, I expect another drop in wave c of v down.We keep watching the very same triple three corrective structure started off the top made on 1 May 2019.We are left Read more…