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Assessments / Blog


2018-09-13
ES #F Demand on down bar


The daily chart of the S&P 500 mini futures contract above, shows our proprietary SUPPLY and DEMAND Dashboard and BXB (Bar by Bar) Signals using data from the NYSE.

The ES closed lower Yesterday and lost 2.75-points. Volatility is lower and we had a Demand reading on the down bar, with Buying pressure developing. If Buying pressure is maintained, we should see a move higher today. A bar close below 2865.00 can still upset the near term picture. In our view only a bar close below 2803.00 can hurt the longer term Bullish picture.

Daily Signals September the 12th:   

All Dashboard readings and signals were bullish

These readings are an independent assessment of the one and only measureable fundamental market mover: SUPPLY and DEMAND. It does not matter if price is influenced by a geopolitical event, seasonality, fundamental economic data releases or sentiment driven news, etc. It all reflects in Supply and Demand, the “footprints” of the “Big Boys” or “Smart Money”.

Caution:

Sideways trading in narrow ranges with smaller pullbacks is a possibility, before another move to the upside. We had an unbalanced market warning signal Yesterday.

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Stock & ETF Trading Signals

 

Link to Facebook Group where these assessments are also posted regularly.

Click here for example of reversal trade taken in Feeder Cattle that can be found on this page.

 

HOW BITCOIN WILL MAKE YOU BIG MONEY AGAIN

This chart shows massive breakdown washout below $6000 taking it back to prices before crypto became popular in early 2017.

Click on chart below to read the full article....

RISK DISCLOSURE:

The information delivered here is for educational purposes only and is not intended to be a recommendation to purchase or sell any of the stocks, futures or other securities referenced. All references are for illustrative purposes only and are not considered endorsed or recommended for purchase or sale by MC Trading.

Trading Forex, Stocks and Options, Futures and any Commodity or ETF contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. MCTrading has taken reasonable measures to ensure the accuracy of the information contained herein and on this website, however MCTrading does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or from an inability to access such information or any delay in or failure of the transmission or receipt of any instruction or notification in connection therewith.

 

 


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