payroll data strong --
/es blows thru 1600 to 1606 -- at 8:40
IBD names strong.
market may be in a range... correction talk is premature.
but we're looking for 5 min TL formations then breaks - based on market signals.
/es break this morn. was at 7:30 am -- gotta be up and ready.
/tf -- hit yesterday high TO THE TICK and backs off... knowing sup/res. can help you nail it.
/tf - breaks ystdy high...
market blazing hot at the open again.
tsla, fslr, scty , gmcr, wdc strong.
10:01 -- adv-dec -- TL break????? top 1611.50??????
market stalls after 972 --
rules: 1 hour 3 touch pattern min. for short --
market signals adv-dec. dropping , uvol solid
needs time or else more upside.
need to see some serious divergence to take a short here -- one way trade indeed.
/tf much strong than /es /ym -- so you have to respect and follow the signals -- new highs
974 at noon...
975 was target mentioned premarket.
noon: tf - clear 5 min TL -- testing it now.
ad 1267 --
need 50 min. to confirm.
did not wait for 50 min TL -- therefore -- off plan trades = losers.
975 target hit.
975.7 was 61.8% fib from 999 to 938 -- missed by TWO TICKS
1:58 - TF cracks TL -- here --
gold plummets to 1200...
2;09 - TL broken -- 5 min candles printing below -- still waiting for 1 hour at least for dTL to form.
TF - triple touch but it's only been 40 min.
Market signals are VERY strong.
UD - nhod. so can't short it.
tf - breaks TL upside.... push.
long the TL break.... never too high to buy.
61.8% fib -- value
|/tf Trend up day with Fib Retracement levels in play|