Intraday Bias: Emini S&P Runaway Long (Signal ID – Runaway Long)

By Lawrence

Runaway Long is a chart pattern on Emini S&P 5-minute that works well as a scalping setup on the long side. It is also a pattern to watch out for if you are playing counter-trend against a strong up day. It gives you early warning that your counter-trend play may have failed already and that it is time to bail.

(Premium member content below)

Part of our premium service, login now or upgrade your membership to view this report


  • skippy July 20, 2015 at 2:35 pm

    If 1pm and 2pm are triggered….but 3pm fails (eg, can’t stay above R2), does that suggest a reversal? Do you have stats on that?
    Thanks for these…

    • Lawrence July 20, 2015 at 7:24 pm

      context matters –

      if all day going up, last hour will likely not able to sustain a close near the high.

      if there was a correction mid day, the last leg up will have teeth

  • skippy July 21, 2015 at 7:46 am

    Yesterday’s session being an excellent case in point!

  • You must be logged in to comment. Log in