Monday, February 10, 2020

2/10/20 ES Extends -New Price Plot

(EOD) Update:

Global Trading Signal:
13:00pm EST. Signal moves to Trading Optimism

Looks like we are back to heading towards the ES top at 3357.75 (or more?). There may be a negative divergence on the 4hr ES MACD if we get there. So we will see when we get a new top flag. Watch is Active. We only use the top flag as a signal, not a target price. However, see the close up chart (15min) below the 4hr chart plot.

Also- 3357.75 price zone looks like a nominal longer time-frame target of some degree. It may require a corrective pullback if nothing more. See chart 2 in this previous post.

The bots will flag a "V" when they see a top. 
Our favorite go to site- McVerry Report
This information is for entertainment purposes only. Financial loss can occur from investing.

15min plot of the leg when the global trading signal turned to optimism: (remember chronic optimism creates tops and so does acute optimism when the tipping point aligns.) :


Global Trading Signal:
12:24pm EST. Signal shows Trading Agitation:

Potential leg down structural alignments (see chart) :


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