signal from Slope rider isn't complete as yet but I enter here with a tight 10 ticks stop loss, with the protection from Pivot P. the top of the regression channel is at 2715, and a strong resistance due to high volume from yesterday at 2716, I should have waited until then, but I can risk a 10 ticks. target at S1 is way down at 2675 (prices are from ES December...
Gold moved nicely below Daily MA50 trend seems bullish short with target S1
If Gold moves hugh as I believe it will, then also S&P may just keep moving lower today. Savius Market Bias is bearish. There are no other clear signals, just price movement. Stop Loss is above Savius Reversion Band, just little more than 10 ticks. Target it the recent low at 2705 (ESZ8 December month contract)
trend is quite netural today for both Gold and S&P500 Savius Slope Strategy signals a change in trend to the bullish move, I enter with a stop below the latest minimum and targeting S1 and S2.
keep stop loss tight and potential high profit trade targe to R1or Pivot P
I put a short order here now on Savius signal that the bullish is about to turn (both on 60' and 15' charts) Notice how similar the chart is to 2 days ago. Price also touched the POC of 2695 from 2 days ago. I am keeping a tight 10 ticks Stop Loss because I'm sure the price will try to push up to 2700 and 2704 (prices from S&P December, this SPX chart prices are...
S&P500 short on Savius Slope Rider counter trend strategy R1 also seems to hold as a resistance potential target to Pivot P New York market is about to open, need to see how the US will react to this morning move, we ar risking very little with a 10 ticks stop loss
now S&P500 seems to be building strength on the bullish trend, so I'm waiting for Gold to resume its bearish trend. Ideally it would break below S1, close a 15' bar down there, retrace to S1 for me to enter the sell order and target S2. let see if Savius strategy confirms the idea, that would be great. at the moment Savius Market Bias is 90% bearish.
GOLD short on savius Signal targeting Daily MA trend is bearish for today, so is Savius Market Bias S&P is moving up, even though both of the markets are not showing real strength, keep stop loss very tight, but the target can be put down to the Daily MA
I missed out on this lovely move down from R1 to P, that's fine. It looks like this move has happened too fast to me, high volumes yes but there is no apparent reason for Gold to be so bearish today (nor for S&P to be bullish). What if it was just to cash out all the gains from yesterday? to catch all those stop loss orders? Let's risk a 10 ticks here on bounce...
GOLD short sell limit order if retraces to R1 market is still quite undecided, especially in S&P that is not moving at all; volumes here are above average though; by entering at R1 we can set a stop loss of just 10 ticks, and target down at Pivot P. Not going to risk anything more than 10 ticks, hence not selling at market right now.
Gold short on breaking the pivot P bear market is bias and S&P shooting high target POC 1244 or S1
I have put a Sell Limit order just below the Pivot with a 10 ticks stop loss, and target down to S1
S&P500 short on Savius and pivot strategy the priced had bounced off the MA 200 Daily (very strong resistance) and may turn down all the way to S1 Move Stop Loss at profit when possible.
S&P500 take partial profit at 2744, then let it run to S1 Cancel or put stop loss in profit before US market open (anything can happen at that time)
S&P500 SPX short sell on Savius Strategy