Short reviews of the day's market action after the majors close...
Posting daily and session charts to describe the action plus some others I found interesting...
Posting daily and session charts to describe the action plus some others I found interesting...
Reviewing my comments is entertaining - longer term guesses****are occasionally (right) but usually proved (wrong) by the next day...
One of the benefits of my very short term trading style is that this fact does not matter in the least!
Trade charts are posted on my Sharpshorts Daily Trade Results blog. EOW and EOM charts are posted on a separate page.
9/01/2016 Note - I was having trouble editing this page (Previous) so created a new page (Current)
The longer term weeklies have the look of rolling over ...
-------------08/30/2016 Tuesday-------------
-------------08/29/2016 Monday-------------
-------------08/26/2016 Friday-------------
Wide ranging on very high volume.
NQ closing with a doji...
-------------08/25/2016 Thursday-------------
Small ranges closing further down
-------------08/24/2016 Wednesday-------------
Breaking down
-------------08/23/2016 Tuesday-------------
Broke out of the ST triangles on light-ish volume but retreated afterwards...
-------------08/22/2016 Monday-------------
Forming triangles
-------------08/19/2016 Friday-------------
Backing down...Stalling since the breakout 10 days ago...
-------------08/18/2016 Thursday-------------
NR on lower volume...basically UNCH.
YM MMO session tick chart
-------------08/17/2016 Wednesday-------------
Long tailed Hammer-Harami on >VOL... the markets are not ready to keep going down.
-------------08/16/2016 Tuesday-------------
Retesting yesterday's breakout...gave all gains back. Volume picked up a bit.
-------------08/15/2016 Monday-------------
Flag breakouts albeit on low volume...
-------------08/12/2016 Friday-------------
Pretty much stuck in NR flags...low volume again.
-------------08/11/2016 Thursday-------------
FUTs Still Flagging...
-------------08/10/2016 Wednesday-------------
Flags on poles...
-------------08/09/2016 Tuesday-------------
Minor positive up move, volume still low...
-------------08/08/2016 Monday-------------
Very low volume NR doji.
-------------08/05/2016 Friday-------------
Strong follow thru on slightly more volume.
-------------08/04/2016 Thursday-------------
Yesterday's Hammer/Harami produced an up day today...Still low volume.
-------------08/03/2016 Wednesday-------------
Inside day...hints of Hammer/Harami patterns on lower volume.
-------------08/02/2016 Tuesday-------------
Volume increase and wider ranges -- down.
-------------08/01/2016 Monday-------------
ES - Full session and MMO session
-------------07/28/2016 Thursday-------------
Spinning close...YM & ES still stuck in their ranges and basically UNCH...volume up a bit.
ES - Full session and MMO session
-------------07/27/2016 Wednesday-------------
The NQ has led for the past 2 days...YM & ES stuck in their ranges and basically UNCH
-------------07/26/2016 Tuesday-------------
Still stuck in narrow rages. ES and NQ closing with spinners...Volume picked up a bit today.
-------------07/25/2016 Monday-------------
Outside bar down on lower volume.
-------------07/22/2016 Friday-------------
Is that a stick sandwich after a pennant break pattern? Very rare...
...really really rare...so rare it doesn't ever happen...whatever it is, it formed on low volume.
ES up on the day
-------------07/21/2016 Thursday-------------
Retreated back into their pennants with volume picking up slightly.
A couple hammers on the 30 minute charts before the majors closed.
-------------07/20/2016 Wednesday-------------
The YM & ES with clear breakouts of their pennants...albeit on low volume once again.
Not seeing any major consolidation areas on the NQ's daily since the doji/spinner on the 4th
The NQ is just running up...
-------------07/19/2016 Tuesday-------------
Still flying the pennant...low volume once again.
-------------07/18/2016 Monday-------------
Up on very low volume and small ranges in the YM & ES...18500 is holding the YM down...
The NQ was up strong...The ES forming a tiny pennant, lower highs and higher lows.
Very low volume and narrow range today...Friday was an indecisive spinner (at the 4:00 pm close)...
-------------06/30/2016 Thursday-------------
Another strong up day on volume.
-------------06/29/2016 Wednesday-------------
A repeat of yesterday's action... approaching the Brach Zones
-------------06/28/2016 Tuesday-------------
Pretty strong up trend on volume erasing yesterday's loss.
-------------06/27/2016 Monday-------------
WR on heavy volume...
-------------06/24/2016 Friday-------------
Brexit reaction...Highest session volume I've ever seen
-------------06/23/2016 Thursday-------------
Wide range breakouts of triangles for the ES and YM with the ES closing at a new ATH...
The NQ finally moving up into it's BZ area...pretty low volume across the board.
-------------06/22/2016 Wednesday-------------
Big-ish ranges on small-ish volumes closing little changed.
More Brexit jitters before the vote tomorrow IMO
-------------06/21/2016 Tuesday-------------
Spinners
-------------06/20/2016 Monday-------------
Jitters in the financial community - for Wednesday's session open margin requirement will increase due to
Wide ranges again, closing up on lower volume...Strong overnight session into the MMO
then trending down to the MM close...
After the majors closed @4 pm the minis rebounded back up to the overnight session levels...
-------------06/16/2016 Thursday-------------
Very wide ranges on volume...Down overnight into the MMO...All moved well into their Brach Zones
before reversing big time and closing up, near their HOD.
-------------06/15/2016 Wednesday-------------
WR up overnight selling off at 3:30 pm...
-------------06/14/2016 Tuesday-------------
-------------06/13/2016 Monday-------------
Another high volume WR candle down...no hints its over yet.
-------------06/10/2016 Friday-------------
Very long down bar on heavy volume when you consider that both the June and September contracts are trading.
Most of the damage was done in the overnight session...The September contract volume has exceeded the June...
-------------06/09/2016 Thursday-------------
WR down slightly with long lower shadows...volume picking up a notch.
June to September symbol rollover coming up...
-------------06/08/2016 Wednesday-------------
Upward movement in the ES and YM with the NQ lagging a bit.
------------06/07/2016 Tuesday-------------
Basically UNCH on low volume - long upper tails with the NQ closing in the red.
-------------06/06/2016 Monday-------------
Solid up moves from the session open...ES closed at new ATH.
-------------06/03/2016 Friday -------------
WR outside day, long lower tails again but closing down. Volume up a notch from yesterday.
-------------06/03/2016 Friday pre-MMO-------------
Reminiscent of a fat-finger rouge trader or a FED minutes announcement:..
-------------06/02/2016 Thursday-------------
WR and long tails again but closing up nicely, near their highs.
-------------06/01/2016 Wednesday-------------
Whole lotta range to close basically UNCH...printing long lower shadows and keeping bears at bay.
One of the benefits of my very short term trading style is that this fact does not matter in the least!
Trade charts are posted on my Sharpshorts Daily Trade Results blog. EOW and EOM charts are posted on a separate page.
9/01/2016 Note - I was having trouble editing this page (Previous) so created a new page (Current)
►-----------------August 2016 -----------------◄
-------------08/31/2016 Wednesday-------------The longer term weeklies have the look of rolling over ...
-------------08/30/2016 Tuesday-------------
-------------08/29/2016 Monday-------------
-------------08/26/2016 Friday-------------
Wide ranging on very high volume.
-------------08/25/2016 Thursday-------------
Small ranges closing further down
-------------08/24/2016 Wednesday-------------
Breaking down
-------------08/23/2016 Tuesday-------------
Broke out of the ST triangles on light-ish volume but retreated afterwards...
-------------08/22/2016 Monday-------------
Forming triangles
-------------08/19/2016 Friday-------------
Backing down...Stalling since the breakout 10 days ago...
-------------08/18/2016 Thursday-------------
NR on lower volume...basically UNCH.
-------------08/17/2016 Wednesday-------------
Long tailed Hammer-Harami on >VOL... the markets are not ready to keep going down.
-------------08/16/2016 Tuesday-------------
Retesting yesterday's breakout...gave all gains back. Volume picked up a bit.
-------------08/15/2016 Monday-------------
Flag breakouts albeit on low volume...
-------------08/12/2016 Friday-------------
Pretty much stuck in NR flags...low volume again.
-------------08/11/2016 Thursday-------------
FUTs Still Flagging...
-------------08/10/2016 Wednesday-------------
Flags on poles...
-------------08/09/2016 Tuesday-------------
Minor positive up move, volume still low...
-------------08/08/2016 Monday-------------
Very low volume NR doji.
-------------08/05/2016 Friday-------------
Strong follow thru on slightly more volume.
-------------08/04/2016 Thursday-------------
Yesterday's Hammer/Harami produced an up day today...Still low volume.
-------------08/03/2016 Wednesday-------------
Inside day...hints of Hammer/Harami patterns on lower volume.
-------------08/02/2016 Tuesday-------------
Volume increase and wider ranges -- down.
-------------08/01/2016 Monday-------------
►-----------------July 2016 -----------------◄
-------------07/29/2016 Friday-------------
-------------07/28/2016 Thursday-------------
Spinning close...YM & ES still stuck in their ranges and basically UNCH...volume up a bit.
-------------07/27/2016 Wednesday-------------
The NQ has led for the past 2 days...YM & ES stuck in their ranges and basically UNCH
-------------07/26/2016 Tuesday-------------
Still stuck in narrow rages. ES and NQ closing with spinners...Volume picked up a bit today.
-------------07/25/2016 Monday-------------
Outside bar down on lower volume.
-------------07/22/2016 Friday-------------
Is that a stick sandwich after a pennant break pattern? Very rare...
...really really rare...so rare it doesn't ever happen...whatever it is, it formed on low volume.
-------------07/21/2016 Thursday-------------
Retreated back into their pennants with volume picking up slightly.
-------------07/20/2016 Wednesday-------------
The YM & ES with clear breakouts of their pennants...albeit on low volume once again.
Not seeing any major consolidation areas on the NQ's daily since the doji/spinner on the 4th
-------------07/19/2016 Tuesday-------------
Still flying the pennant...low volume once again.
-------------07/18/2016 Monday-------------
Up on very low volume and small ranges in the YM & ES...18500 is holding the YM down...
The NQ was up strong...The ES forming a tiny pennant, lower highs and higher lows.
Very low volume and narrow range today...Friday was an indecisive spinner (at the 4:00 pm close)...
and those two candles following Thursday's rush to get long in ATH territory...
I believe we got us a bona-fide bullish pennant on a pole...
-------------07/15/2016 Friday-------------
NR spinners closing UNCH***(see the 3rd chart below)
Just after the major markets closed...
Big drop in the remaining minutes of the session...totally erasing yesterday's gains.
-------------07/14/2016 Thursday-------------
Wide ranging session up...
Most of the moves came in the overnight session...MMO players couldn't make up their minds...
-------------07/13/2016 Wednesday-------------
NR doji spinners on the YM & ES, closing basically UNCH.
Near perfect pair of measured moves during the MMO session.
-------------07/12/2016 Tuesday-------------
Three white soldiers...
-------------07/11/2016 Monday-------------
Continuing up on modest volume...due for an overbought pullback soon.
Head & Shoulders pattern dominated the afternoon session.
-------------07/08/2016 Friday-------------
Break outs
YM and ES breaking triangles on the dailies...
Yesterday's indecisive spinners were decided today - their long legged doji broke out of diamond patterns...
NQ breaking above it's 3 month channel in a strong move up.
ES - triangles and diamonds on the 10 day and 5 day charts...
YM 10 day and 2 day
NQ 5 day 30 minute and daily
YM session and MMO
ES full session and MMO
NQ full session and MMO
-------------07/07/2016 Thursday-------------
YM and ES closing with WR spinners for the session, NQ up.
YM entire session and MMO session
-------------07/06/2016 Wednesday-------------
WR reversals with long lower tails on higher volume.
-------------07/05/2016 Tuesday-------------
Missed the 4th of July session (Doji spinners)...WR move down today on 'normal' volume.
2B reversal in the afternoon.
-------------07/01/2016 Friday-------------
Nice way to end the week and start off the month. What goes down must go up...
The three horsemen
-------------07/15/2016 Friday-------------
NR spinners closing UNCH***(see the 3rd chart below)
-------------07/14/2016 Thursday-------------
Wide ranging session up...
-------------07/13/2016 Wednesday-------------
NR doji spinners on the YM & ES, closing basically UNCH.
-------------07/12/2016 Tuesday-------------
Three white soldiers...
-------------07/11/2016 Monday-------------
Continuing up on modest volume...due for an overbought pullback soon.
-------------07/08/2016 Friday-------------
Break outs
YM and ES breaking triangles on the dailies...
Yesterday's indecisive spinners were decided today - their long legged doji broke out of diamond patterns...
NQ breaking above it's 3 month channel in a strong move up.
YM 10 day and 2 day
YM session and MMO
-------------07/07/2016 Thursday-------------
YM and ES closing with WR spinners for the session, NQ up.
The Horsemen dailies
YM session charts
-------------07/06/2016 Wednesday-------------
WR reversals with long lower tails on higher volume.
-------------07/05/2016 Tuesday-------------
Missed the 4th of July session (Doji spinners)...WR move down today on 'normal' volume.
-------------07/01/2016 Friday-------------
Nice way to end the week and start off the month. What goes down must go up...
Friday's full session and the major market session
The three horsemen
►-----------------June 2016 -----------------◄
Another strong up day on volume.
-------------06/29/2016 Wednesday-------------
A repeat of yesterday's action... approaching the Brach Zones
-------------06/28/2016 Tuesday-------------
Pretty strong up trend on volume erasing yesterday's loss.
-------------06/27/2016 Monday-------------
WR on heavy volume...
-------------06/24/2016 Friday-------------
Brexit reaction...Highest session volume I've ever seen
-------------06/23/2016 Thursday-------------
Wide range breakouts of triangles for the ES and YM with the ES closing at a new ATH...
The NQ finally moving up into it's BZ area...pretty low volume across the board.
-------------06/22/2016 Wednesday-------------
Big-ish ranges on small-ish volumes closing little changed.
More Brexit jitters before the vote tomorrow IMO
-------------06/21/2016 Tuesday-------------
Spinners
-------------06/20/2016 Monday-------------
Jitters in the financial community - for Wednesday's session open margin requirement will increase due to
"uncertainty of the United Kingdom European Union membership referendum" .
Wide ranges again, closing up on lower volume...Strong overnight session into the MMO
then trending down to the MM close...
After the majors closed @4 pm the minis rebounded back up to the overnight session levels...
-------------06/17/2016 Friday-------------
Down , near to yesterday's open for the YM & ES with the NQ retreating back
into it's BZ, closing near the low. Volume was less frantic but still fairly large.
Very wide ranges on volume...Down overnight into the MMO...All moved well into their Brach Zones
before reversing big time and closing up, near their HOD.
WR up overnight selling off at 3:30 pm...
WR down with long upper & lower shadows on blow-out volume...
Hinting of an attempt at a bottom **** (wrong)
Another high volume WR candle down...no hints its over yet.
Very long down bar on heavy volume when you consider that both the June and September contracts are trading.
Most of the damage was done in the overnight session...The September contract volume has exceeded the June...
WR down slightly with long lower shadows...volume picking up a notch.
June to September symbol rollover coming up...
Upward movement in the ES and YM with the NQ lagging a bit.
------------06/07/2016 Tuesday-------------
Basically UNCH on low volume - long upper tails with the NQ closing in the red.
Solid up moves from the session open...ES closed at new ATH.
WR outside day, long lower tails again but closing down. Volume up a notch from yesterday.
Reminiscent of a fat-finger rouge trader or a FED minutes announcement:..
-------------06/02/2016 Thursday-------------
WR and long tails again but closing up nicely, near their highs.
-------------06/01/2016 Wednesday-------------
Whole lotta range to close basically UNCH...printing long lower shadows and keeping bears at bay.
