Still managed to hold Monday's lows the past two days (yesterday
was a inside day doji candle) with price remaining quite extended
from the 9 day EMA and last night formed a small falling wedge on
15 minute chart shown below. Volatility reigns and thus big moves
of late.
Posted by frtaylor on 26th of Aug 2015 at 09:19 am
Pre-market 15-min ES chart. Overthrow of upper trendline on a
diagonal. Could be a channel instead, w/ overthrow being inside the
channel, as shown. No RSI 14 divergence, however.
ES Daily and 15 Minute Views
Posted by steve on 26th of Aug 2015 at 09:07 am
Still managed to hold Monday's lows the past two days (yesterday was a inside day doji candle) with price remaining quite extended from the 9 day EMA and last night formed a small falling wedge on 15 minute chart shown below. Volatility reigns and thus big moves of late.
Pre-market 15-min ES chart. Overthrow
Posted by frtaylor on 26th of Aug 2015 at 09:19 am
Pre-market 15-min ES chart. Overthrow of upper trendline on a diagonal. Could be a channel instead, w/ overthrow being inside the channel, as shown. No RSI 14 divergence, however.
Thanks frtaylor and 60 minute
Posted by steve on 26th of Aug 2015 at 09:34 am
Thanks frtaylor and 60 minute also reached overbought area on my RSI