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Sunday, September 15, 2024

Don't Panic in or out of a Market | Robert Miner

Beware of FOMO. Don't Panic in or out of a Market. Learn to identify probable market position, specific trade opportunities and trade management.
 
ES U24 - daily closes.
» A "daily" high is likely early next week, followed by a 4-5 day or so decline. «
 
ES U24 - weekly bars.
 » ES is likely to be mostly trendless for another week or two. When the two momentum cycles are 
aligned, a consistent trend will follow. The resolution is likely to eventually be to the upside. «