$ES The Secondary Daily support 5,546 stopped the decline in the morning. It got tested three times today
Levels and Signals are drawn by my Cycle Trader indicator for #tradingview
read: https://t.co/Hiw8xbDzSk
$BTC $BTCUSD Here #bitcoin is testing the key support, the broke Monthly Resistance 63,800
Bulls have good chances to stop the bleeding here and produce another push higher to re-test the latest high made around 66,000
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get the indicator: https://t.co/LhzRUM5JnJ
#TradingView
$CL #crudeoil Bulls tried to break out of the Monthly Range on July 5 but failed.
That failure triggered a drop down to the Monthly Support 81.68
However, bears failed as well, and we got a rally towards the resistance.
Get indicator: https://t.co/LhzRUM5byb
$ES The reversal candle at the top allowed the algo to print the TOP signal on Daily. Note the trailing support is 5,610.75. We can test and undershoot it, then I would expect a corrective bounce
#tradingview#tradingstrategy
$NQ Note the reversal candles marked up with "O" symbols
Note the reversal candles marked up with "O" symbols
Quite often those candles complete impulsive moves up / down.
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#tradingview#TradingSignals
$ES For today the critical resistance is the broken Daily support at 5,524.50 (the daily support is the blue line). For the afternoon the key support is 5,510.75, the Daily support for Tuesday.
https://t.co/Hiw8xbDzSk
$ES mini 3 Day chart:
The indicator caught the previous top and bears produced a nice pullback. Will it be different this time?
#tradingview#tradingstrategy