E-Mini SP 500

vol fan..

rare but.. looks like it.. on 60 minute.
 

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240 tic chart with MA's.
 

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successive trendlines...first trendline break...
 

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approaching 2second trendy.
 

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How can possible 'red days' be identified.

1) unexplainable moves or gaps in after hours trading
2) upcoming earnings
3) upcoming economic reports
4) notable speakers scheduled for the trading day
5) price at extremes of montly ATR
6) minimal retraces
7) multiple supports and resistances breaking
8) increased volume
9) unexplainable indirect market gyrations(fx/bonds)
10) TV media repeating the samething over and over intraday

how many of these were true...within 24hrs.
 
doesn't look good... :)

it turns to a red box day,... when the low breaks today 1494-92 zone....then selling without fear will ensue.

Stranger things happen!

I'm in LONG from 1501.50 currently for a quick scalp back to YL1510.25
 
updated 60 minute, trendy has to break in a significant way.

otherwise not valid.

I would take care in trying to scalp this market from the short end.
 

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it sure is making it hard to stay long. :)
 

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