SWING Chart: Back on the Bull TREND

My SWING Chart above

A Positive Start to the Weekend?

TREND Chart: PRICE is trying to establish a Higher PRIME Low

10:02pm Looking for a possible LONG Trade.10:03pm A Minor PPF of Support (1515.25) would do the trick...10:06pm PRICE is in PRIME, on the TREND Chart. A Minor PPF of Support on the TRADING Chart would be my queue to go LONG.10:08pm TREND Chart has turned up. Now for that Oscillation challenge of Support, on the TRADING Chart.10:13pm I just stepped away from the PC and I completely missed that

TREND Chart: Bear TREND averted...for now

My TREND Chart above...

TREND Chart: Higher Highs & Higher Lows - Thus Leg 2 of Bull Break on SWING Chart still not done

My TREND Chart above...

TREND Chart: PRICE is Heading Up, Till it Fails...

10:14pm Looking for a LONG Trade.10:22pm With the TREND Chart having just turned down, a LONG Trade would be risky. Will see what PRICE is gonna do next.10:24pm Looks like a SHORT Trade is setting up now...10:40pm SHORT 1521.50 / STOP 1522.5010:43pm Out at 1521.25 / +0.25pts. PRICE is refusing to go down.10:45pm As usual...the "fake outs" are rampant.10:54pm Getting ready for another SHORT.10:

SWING Chart: Is PRICE Heading Back Up To Create Leg 2 of Bull Break?

My SWING Chart above...

SWING Chart: Leg 1 of Bull Break

My SWING Chart above...

PRICE Still Heading Down?

09:35pm Need some clarity in the PRICE movements first, before deciding what to do...09:41pm Will 1534.00 be breached...?09:47pm Possible LONG Trade setting up.09:54pm LONG 1537.75 / STOP 1536.7509:55pm My, my...that was fast! Stopped at 1536.75 / -1.00pt.09:56pm Will wait for PRICE to hit PRIME, before considering another LONG Trade. Don't want to get hit by another fake-out...10:00pm Minor

A Failed Attempt to find a Bottom

My TREND Chart above...Again, PRICE failed in its attempt to find a bottom last night. Other than a slight glimmer of hope in the early part of the trading session, PRICE succumbed to the continued downward pressure, and saw a intraday low of 1534.00. Looking at my TREND Chart above, the Bear TREND continues to exert itself on the ES - Lower Highs & Lower Lows. Until and when we see a change in

Are We Gonna See a Bottom in PRICE Movement Tonight?

09:46pm We are having a PRIME PPF of Support, on the TREND Chart...10:06pm PRICE on the TRADING Chart has to hold its ground first, before a LONG Trade set up appears.10:18pm Waiting for a pull back in PRICE, before going LONG.10:26pm LONG 1546.00 / STOP 1545.0010:30pm Out at 1548.25 / +2.25pts.10:32pm It's best if PRICE is able to pull back, to confirm PRIME Support, on the TRADING Chart, so as

SWING Chart: Still No Bottom In Sight

My SWING Chart aboveWith the TREND Chart still creating Lower PRIME Lows and Lower PRIME Highs, it is no wonder that PRICE, on the SWING Chart is still trying to find that elusive bottom. PRICE will continue to head in the direction it is going, until it fails...

Are We Seeing Bottom in Sight or is PRICE still Heading Down?

10:58pm TREND Chart is pointing down, so LONGs still need to be careful...11:38pm LONG Trade setting up.11:43pm Looking for an oscillation challenge of support to go LONG. TREND Chart has turned up...11:54pm Still not comfortable with the LONG. Would love it if a PRIME confirmation of Support comes along.12:19am TREND Chart has started to turn down...Look out for PRICE to head down to challenge

SWING Chart: Still no signs of PRIME Support being created

The ES continued to make Lower PRIME Highs & Lower PRIME Lows, as reflected on my TREND Chart. Until this changes, PRICE will continue in the direction it is going...

SWING Chart: Still trying to create PRIME Support

My SWING Chart above...

SWING Chart: New Highs again next week? Or is it merely a pullback in PRICE, before heading lower to create New PRIME Support?

TREND Chart: Leg 2 of Bull Break in Progress

10:30pm Waiting for a possible end in this current upmove, to end Leg 2 of Bull Break, on the TREND Chart.10:32pm Signs of weakness in the upmove - Oscillation Match at Resistance, 1570.7510:36pm TREND Chart indicator has turned down. Looking for a Minor Failure of Resistance on the TRADING Chart, to go SHORT. Still have to be careful with the SHORT, as the SWING Chart is still pointing up...10:

SWING Chart: PRICE Heading Down To Challenge Last PRIME Support at 1518.75

My SWING Chart above...

The Bull Continues to Push Higher

My SWING Chart above...As mentioned in my last post on Sat, the markets continued to push higher in last night's trading, albeit a minor pullback in PRICE on Monday. Until we see a change in the direction in PRICE, SWING trades can continue to ride the TREND.

A New High - Nothing is stopping this Bull

Last night, the ES made a new high at 1573.50. With my Longer Term Chart still pointing up, do expect more to come.

TREND Chart: Still in Leg 1 of Back Door Bull Break

Yesterday's PRICE action didn't help much in determining if Leg 1 of Back Door Bull Break on the TREND Chart was done. However, towards the end of the session, PRICE was clearly consolidating.Do look for a possible breach of Wed's session low 1546.75, to show that Leg 1 is still in progress...

SWING Chart: PRICE Heading Down to PRIME, to Establish a Higher Low

My SWING Chart above...With a Leg 1 of Back Door Bull Break on my TREND Chart, and coupled with the SWING Chart heading down, it looks like PRICE (on the SWING Chart) is heading down to challenge last PRIME Support, to hopefully establish a Higher Low. The Key Last PRIME Support is at 1518.75.

SWING Chart: Bull TREND Still Intact

My SWING Chart above...