[09:33] <CM> es ranges today 1256-1254.25-1252 bo sh b1
[09:37] <CM> longs at 52.5-53 for reversal ie fbo
B1 did hit a BO of the Short BOT (break out target) and B2 was struggling to continue. If this reverses, safe longs were around 53 (close above B1 body) with aggressive entries prior to the close. The weakness of the BO was confirmed at B4, where a gap bar reversal hit. 53 was still OK, 51 was better. Ascending triangle and a range run expectation did not disappoint.
B21 CB50 at the top of the triangle and at the Mid BOT was another value entry.
HAPPY HOLIDAYS AND A HAPPY NEW YEAR
This ends our blog series for 2011. Hope you have enjoyed.
This ends our blog series for 2011. Hope you have enjoyed.
Some time variations with stagnant key points: 8m original
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