ES-Mini S&P guidance for night owls

Actionable Trade-Alert

from Rick in the Trading Room

(Please check all related discussion in the room before you do any trades.)

21:22

  Rick

ES is plummeting tonight toward the 4158.50 target I posted this afternoon at 14:35. If you’ve made some bucks on the way down, and if you know how to craft an rABC trigger, use some of your profits to cushion a stop-loss for bottom-fishing. If you use an rABC trigger, the interval should be 19.50 points. The pattern is gnarly enough that an alternative TI of 12.25 points might work, but caveat emptor. {Please note that I of course rickismed the point ‘A’ high, and the actual target is two ticks lower, at 4158.00.)

 

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