3309 Drysdale Ct
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Price stayed below the ATR during that decline, now it's an area to monitor, it's getting closer on this pullback. I'm using a 14/3 for the settings
also note the BR Squeeze indicator, it had went positive and is nearing zero again, so a potential support area to monitor
Thanks for confirming it, Matt! We posted a higher high on ES today, and barring a lower low (above 1855 is good), it is a pullback to support and a buying opportunity with a stop at 1854 or lower.
also note the low risk shorts when price tested the underside of the ATR on 1/13 and 1/15 and BR Squeeze also neared zero
just simple low risk trades because stops could be ultra tight
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SPX 60 min with ATR
Posted by matt on 25th of Jan 2016 at 03:59 pm
Price stayed below the ATR during that decline, now it's an area to monitor, it's getting closer on this pullback. I'm using a 14/3 for the settings
also note the BR Squeeze indicator, it had went positive and is nearing zero again, so a potential support area to monitor
Thanks for confirming it, Matt!
Posted by junkie on 25th of Jan 2016 at 04:03 pm
Thanks for confirming it, Matt! We posted a higher high on ES today, and barring a lower low (above 1855 is good), it is a pullback to support and a buying opportunity with a stop at 1854 or lower.
also note the low risk
Posted by matt on 25th of Jan 2016 at 04:04 pm
also note the low risk shorts when price tested the underside of the ATR on 1/13 and 1/15 and BR Squeeze also neared zero
just simple low risk trades because stops could be ultra tight