You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis.
Scoreboard
ES: 4 wins / 0 losses
Chart Chat
Today’s ES has a LO-HI-LO configuration that allowed four short, with-the-trend trades. Each of these feature a beautiful RED, WHITE & BLUE alignment of the moving averages. Most days there will be at least one triple alignment trade, so you don’t have to take a lot of aggressive counter-trend trades to make money. Today was a conservative trader’s dream come true. Be back tomorrow.
Please click on the chart below to make it larger.
Today’s 5-Minute ES Chart
