Here I will follow price and try to determine support and resistance from past movement and then analyze real time as it occurs when I can . This will not be about entry and exits. Comments will be moderated, so don't feel bad if your comment doesn't get posted. I will use the Futures chart ( YM, ES, and NQ ) as my barometer, but mainly follow and trade the ES.
erierambler
 |
longer term chart of ES with potential s/r
 |
|
|
Comments 0
|
|
|
Price opens at 1339 and rises to midpoint and then higher- rejected at 1344 and falls down. 9:52 price falls to 1336 but $Tick stays up. Price rises to 1340 and falls back to 1333 with TD, but lots of volume ( interest). 10:07 test of bottom on lower volume, but volume still relatively high. Note: on 10 min chart bars are in downward move therefore will draw a supply line on 1 minute chart.
10:10 we go lower just for a minute
10:11 quick move up
10:13 downward force to...
|
|
|
|
Comments 0
|
|
Today's chart pre-market for S/R.
 |
|
|
|
Comments 0
|
