3309 Drysdale Ct
Edwardsville, IL 62025
ES broke thru support posted yesterday 4395/4400 (trendline from Jan lows) and failing to recapture thus far. Next support 4340 then 4310-4280 buy imbalance zone
4340 was a weekly pivot as well and we were way oversold...nice bounce so far. Hourly chart below... hope we hold 4350 support...
https://www.tradingview.com/x/0nu4tCCK/
marktes can sell more at oversold
I'm aware. :) But when oversold and reaching a weekly, monthly pivot I've seen in my trading you get a bounce reaction.
Steve, forgive my lack of knowledge, but what is buy imbalance zone and how does one determine such? Thanks
Not easily explained - but look for consolidation levels (turning points like waves)
Thanks Steve. Always appreciate when you and Matt post the ES levels.
ES 4340 achieved
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ES broke thru support posted
Posted by steve on 18th of Feb 2022 at 10:32 am
ES broke thru support posted yesterday 4395/4400 (trendline from Jan lows) and failing to recapture thus far. Next support 4340 then 4310-4280 buy imbalance zone
4340 was a weekly pivot
Posted by mrjasongill on 18th of Feb 2022 at 11:24 am
4340 was a weekly pivot as well and we were way oversold...nice bounce so far. Hourly chart below... hope we hold 4350 support...
https://www.tradingview.com/x/0nu4tCCK/
marktes can sell more at
Posted by law6 on 18th of Feb 2022 at 11:33 am
marktes can sell more at oversold
I'm aware. :) But when
Posted by mrjasongill on 18th of Feb 2022 at 11:34 am
I'm aware. :) But when oversold and reaching a weekly, monthly pivot I've seen in my trading you get a bounce reaction.
Steve, forgive my lack of
Posted by rfa300 on 18th of Feb 2022 at 11:20 am
Steve, forgive my lack of knowledge, but what is buy imbalance zone and how does one determine such? Thanks
Not easily explained - but
Posted by steve on 18th of Feb 2022 at 11:24 am
Not easily explained - but look for consolidation levels (turning points like waves)
Thanks Steve. Always appreciate when
Posted by rfa300 on 18th of Feb 2022 at 11:39 am
Thanks Steve. Always appreciate when you and Matt post the ES levels.
ES 4340 achieved
Posted by steve on 18th of Feb 2022 at 11:15 am
ES 4340 achieved