Lawrence's Comment
Recap
Gap and go points to at least tagging Y+2 and we got that first thing in the week. Y+2 turned into support sending ES up to Y+3. Closed the ...
Lawrence's Comment
Recap
Like NQ, gapped above Y+1 and immediately dropped back down. The FBO gave us at least Y-0 as target and indeed that was tagged before a huge ...
ORL held up well => run towards ORH
Standard STOPD move again.
NQ did not break its own previous day low => Bullish
Notice the higher low this morning is the retest of previous day low.
PP, previous day close and previous day high are in play.
Previous day high also LC? Aren’t the odds significantly against that usually?
It is. But the target area of 1201 has not been tagged yet.
If late afternoon rally happens, then a run to that is possible.
Slow, but we are getting there.
Volume completely dried up.
Div in tick indices since PP tagged.
1 pm new high. No volume whatsoever.
2 pm new high.
DT visible in 1 min, div top on custom tick indices.
The run up is probably over.
Well, 3 pm, nothing much can be done now.