03/03/11 ES DT from al brooks

black

1 Y(yesterday) = ?(possible) DB(double bottom). Big gap up, strong bull TB(trend bar) so ?(possible) LOD(low of the day) but big bar so BX(buy climax) and might have to correct before more up. Scalpers are looking to B(buy).
2 Bear bar so bad FT(follow through), but BP(breakout pullback) B(buy). Might be sign of TR(trading range) day.
3 Another big bull TB(trend bar) so another BX(buy climax).
4 Doji so more bad FT(follow through) so ?(possible) HOD(high of the day) but low P(probability).
5 2BR(two bar revresal) but not strong top. Might be getting PB(pullback) for more up.
6 Doji so TTR(tight trading range) and bad H1(1 legged pullback in a bull move).
8 H2(2 legged pullback in a bull move) but 5 bars without bull body so wait.
10 F(fail, failure) H2(2 legged pullback in a bull move) but BP(breakout pullback) B(buy) more likely than FF(final flag) top.
11 Doji BO(breakout) so still AIL(always in long), but bear channel with many reversals, so TR(trading range) pa and odds favor TR(trading range).
12 Bear channel and bear RB(reversal bar) but bottom of channel so wait.
13 BP(breakout pullback) B(buy) but doji so better to wait.
14 2BR(two bar revresal), 2nd entry BP(breakout pullback) P(probability), h4 so might be start of bull.
15 Good EB(entry bar).
16 Big tail in area of DB(double bottom) MM(measured move) TGTS(targets).
17 Bear IB(inside bar) so ?(possible) FF(final flag) and HOD(high of the day) but BP(breakout pullback) B(buy) more likely.
18 Doji H1(1 legged pullback in a bull move) but not strong bull spike. AIL(always in long) so barely ok B(buy) but risky, ESP(especially) since lots of 2 sided trading today.
20 Another H1(1 legged pullback in a bull move) but top of weak bull (prob TR(trading range) day) so bad B(buy), just like 12 was bad L1(1 legged pullback in a bear move) S(short). TL(trendline) above so MKT(market) should get there but may have to correct first.
21 Outside down, ?(possible) TTR(tight trading range).
23 DT(double top), top of TRI(possible triangle), but odds slightly favor bulls, ESP(especially) since TL(trendline) just above, so within its magnetic field.
24 Bear bar, TTR(tight trading range) TRI(possible triangle). MKT(market) might have to trap bears before getting TL(trendline) above. AIL(always in long) so slightly favors bull BO(breakout).
26 DB(double bottom). AIL(always in long) so should get upside BO(breakout) to bear TL(trendline) at a min.
30 3rd push up in SC(spike and channel) bull, at bear TL(trendline) so DL(dueling lines) S(short) but weak setup and good up MO(momentum) so don’t S(short). Many traders reset the count on the 14-16 bull spike, so this is 2nd push up for them.
31 2BR(two bar revresal) S(short) but 4 bar bull spike so bad S(short). Should have at least one more small push up.
35 Bull BO(breakout) but outside up and 4 bar bear MC(microchannel) and TTR(tight trading range), so risky B(buy).
37 BP(breakout pullback) B(buy) but TTR(tight trading range) since 16. Even tho one more push up likely, risk of FF(final flag) top. Better to wait. Should.
38 PBS(pullbacks) are small so might be forming small PB(pullback) bull trend day, which is the strongest type of trend.
41 W(wedge) top but too much up MO(momentum) and not prior bear strength, so all tops are the start of bull flags, not reversals.
48 Bear outside down at MA(moving average), so bull flag.
49 20gb B(buy), H2(2 legged pullback in a bull move).
53 LH(lower high) but more likely BP(breakout pullback) B(buy).
58 FF(final flag), bear RB(reversal bar), small W(wedge) HH(higher high) 52 55 58, so might get 2 small legs down into 11:30, but not strong top and better to B(buy) PB(pullback) until becomes AIS(always in short), which is unlikely at this point. More likely another bull flag.
60 Doji H1(1 legged pullback in a bull move) so might be SRS(sellers) above and might side 2nd leg sideways to down. B(buy) PBS(pullbacks). Might get 3-4pt PB(pullback) before C(close) because all PBS(pullbacks) have only been about 2 PTS(points), which is small, and often get bigger one in final hour or so. Still, B(buy) PBS(pullbacks). Magnet at H(high) from big bear day 2 days ago at 133250. Should test, maybe spike up in B(buy) vacuum.
64 BP(breakout pullback) but top of bull channel so risky.
68 HH(higher high) but weak SB(signal bar) and missed TGT(target) by 2t.
71 TTR(tight trading range). Everyone sees TGT(target) above and everyone knows that on small PB(pullback) bull days, the MKT(market) usually has bigger PB(pullback) in the final hour. Traders are assessing the math of B(buy) and S(short) and deciding if either is worth it. Bulls always have the edge on a bull trend day, but might become FF(final flag).
74 Bull RB(reversal bar) and 3 PT(profit target) PB(pullback), but bear MC(microchannel) so risky to B(buy) and better to wait to see if get good BP(breakout pullback). MKT(market) might get TGT(target) above.
77 Small 2 legged LH(lower high), F(fail, failure) flag BO(breakout), but more likely BRS(buyers) below for BP(breakout pullback) from 74 bull flag.

black

1 Y(yesterday) = ?(possible) DB(double bottom). Big gap up, strong bull TB(trend bar) so ?(possible) ...
black 发表于 2011-3-3 20:49

    i didn't find many setup today, let's see al's

maldini

我觉得bar 15很经典，我捉摸了至少半个小时:P

greenback

Great comments on the price action!