ES completed 5 waves up on 15-min charts with a high last night.
On 1-hour charts, it is in wave 4 which could retest 3660 or even
3600. A suggestion for you is to get an indicator with a wave count
on your preferred time frame. PM if you wish to know what I
use. As for a market direction, you are correct. I use 9 and
18 EMA on 1-hour charts and look for a crossover. The direction is
down at the moment. FWIW.
ES completed 5 waves up
I’m a lost puppy. “My plan” didn’t work out. This ...
Posted by private on 19th of Oct 2022 at 01:53 pm
ES completed 5 waves up on 15-min charts with a high last night. On 1-hour charts, it is in wave 4 which could retest 3660 or even 3600. A suggestion for you is to get an indicator with a wave count on your preferred time frame. PM if you wish to know what I use. As for a market direction, you are correct. I use 9 and 18 EMA on 1-hour charts and look for a crossover. The direction is down at the moment. FWIW.
Very helpful. I will DM
Posted by mdgfain on 19th of Oct 2022 at 02:11 pm
Very helpful. I will DM you later. Thanks!