For Monday May 17, 2021
Full Emini and Forex daily reports will only be issued when Al is in the Trading Room. See sidebar calendar for “No Webinar” days when this “SP500 Emini trade setups” post will replace the daily report.
For Tuesday May 18, 2021
Charts use Pacific Time
When I mention time, it is USA Pacific Time (the Emini day session opens at 6:30 am PT, and closes at 1:15 pm PT). You can read background information on the intraday market reports on the Market Update page.
Dear Al,
Could selling below bar 59 be considered as a failed WB 15-31-56?
Thank you.
Yes. There were many ways to look at it, but it was clearly the bulls giving up, not matter what the reason was for them to be hopeful.
The chart is crowded and I cannot fit everything on it. I thought the pattern that was most important was the double bottom higher low.