Starting with the ES I took a deeper dive into a discussion on the structures off of the 60- and 15-minute charts. The patterns are very hard to recognize but I do manage to make some sense out of it. Both counts (preferred/alternate) remain in play and continue to hold at least 50% probability of following through. All get updated with the ES and the NQ remain in smaller (minuet or minute) 4th wave corrections. Like everyone else I'll await the markets decision after receiving what ever information it believes is needed in order to move out of the current range. I am continuing to stick with the "trading view" as there remain ample opportunities to make money day trading.
Disclaimer: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures ...
Disclaimer: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC Rule 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will, or is likely to, achieve profit or losses similar to those shown.