$ES_F THE MARKET HAS TO TELL ME TO SHORT AND ILL SHORT. ITS NOT TELLING ME TO SHORT. ITS TELLING ME TO WATCH LEVELS
We are back to phase 1 via a Gap fill off the dumbass taco from Trumpie. However bigger frames are telling a story.
***Simple shit: 7436 is our ovn pivot to hold. LOD has stop orders.
If we hold above 7436 we squeeze to 7500
30min stoch rsi isn’t near buyer zone in like that , 1hr is in buyer zone. I’ll see how we open before making a move***
*A hold under 7436 and we drop to 7384*
The daily has price back at its 55ema (we normally bounce hard here, which is why I have 7436 as a line in sand for buyers)
The weekly stoch rsi is nearing my 0 zone. I never like to short when this happens. We currently have an inside week candle #TheStrat
Only thing that’s left to watch is the monthly frame.
🚨 The Pentagon is moving more fighter jets to the Middle East and is extending the deployment of air assets already in the Middle East, a U.S. official confirms to Fox News.
@stockgurutrades will see how tomorrow plays out , as of now no signs of any type of weakening happening especially when stocks like MSFT cant have any red days!
The last time there was a major credit downgrade (announced after hours on Aug 5, 2011) the market fell 7% the next trading day on Aug 8, 2011. It recovered by Aug 15 & then retested the low by Aug 22. 🔽