Triple macd div on 5min

    Posted by donkeyface on 21st of Oct 2022 at 02:43 pm

    Triple macd div on 5min at the 50-55 level on ES.   Could be short... But who knows with this strength.  I'm done for day also.


    My Other view....   with

    Posted by donkeyface on 21st of Oct 2022 at 02:51 pm

    My Other view....   with some 2 macds.... a fast and slow.     (of course this could just be a continuation pattern... hard to guess with this much strength,  but I'd take this short (or already would have scalped it) if my trade plan allowed for me to keep going.     

    Looks like the pennant on

    Posted by kobie on 21st of Oct 2022 at 02:59 pm

    Looks like the pennant on the 2min wants to break up...

    Great call!!!    I love

    Posted by donkeyface on 21st of Oct 2022 at 03:14 pm

    Great call!!!    I love them reversals though fam.   LOL


    agree... when 3744 held,  you'd

    Posted by donkeyface on 21st of Oct 2022 at 03:05 pm

    agree... when 3744 held,  you'd have had to switch sides.    I'm seeing a lot of micro megaphones flushing out the longs and shorts before doing anything on less than 10min time frames.

    Could still just be a double top here.... But I dunno at this point.   55/45 short bias.  And that aint conviction

    Thanx

    Posted by kobie on 21st of Oct 2022 at 02:46 pm

    Thanx

      

    Posted by donkeyface on 21st of Oct 2022 at 02:48 pm

      

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