EOD; There are higher cash targets but there are also more than a few completions right here so need to look for downside follow-through. There may or may not be more in the breadth tank as it gave all it had this week but only created a lot of price overlaps along with the price advancements
Update 3:00pm EST. ES cash may need to hit the ES overnight high prices so will need to be patient.
Update 1:00pm EST. Could be setting up for another shot at a higher price target (intra-day, lower high or higher high). Negative divergences continue to print. (day seven of a steady negative trend-line divergence on ES- 4hr chart MACD). Not counting on it though-alignments still favoring a top to occur somewhere close in this price zone.
Update 12:00pm EST. Looks to be on shaky ground as in a topping formation but could still print higher as vectors are not decisive yet. Pressure is building as in a serious move when it does break.
The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/15/20-pre-top)
Update 3:00pm EST. ES cash may need to hit the ES overnight high prices so will need to be patient.
Update 1:00pm EST. Could be setting up for another shot at a higher price target (intra-day, lower high or higher high). Negative divergences continue to print. (day seven of a steady negative trend-line divergence on ES- 4hr chart MACD). Not counting on it though-alignments still favoring a top to occur somewhere close in this price zone.
Update 12:00pm EST. Looks to be on shaky ground as in a topping formation but could still print higher as vectors are not decisive yet. Pressure is building as in a serious move when it does break.
The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/15/20-pre-top)
..and possible bounces/bottoms: (2/28/20) , {3/23/20}
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go-to site: McVerry Report
Our favorite go-to site: McVerry Report
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