
Eye of Mordor
2.4K posts

Eye of Mordor
@EyeMordor
My trades, positions, viewpoints, inspiration from others. Not investment advice.




Lockout rally continues in #ES_F from our original 6793 Sunday Failed Breakdown. We are now completing bonus targets. Targets given 8am were 7103, 7116, 7131 (all hit). Bonus were 7154, 7177 (2 points shy). 7188, 7200 above 7147, 7131 now micro supports. Little to do until sell


My last tweet was a few mins early because there's 7048 final target hit exact in #ES_F. Today's target slate was given at 8am. There were 3 targets: 7021, 7036, 7048. 7048 has hit. Anymore today from here is bonus for that runner. 7058, 7073 are bonus No entries until deep sell



No volatility now as #ES_F is in day 2 of digesting Tuesday's 250 point 6593 Failed Breakdown long. Be very careful trading 0 vol - traps and fakeouts are extreme. No change: 6793/88 to 6830=pure chop. 6809 reclaims see 6819, 6830+. 6788 fails, sell 6781 (watch traps), 6766-70



Extreme low volatility today and its been holiday trading in #ES_F. 6592 reclaim was long trigger given at 6:15PM last evening (last time we had volatility). Targets given were 6638 (hit), 6646 (hit), 6670 (not yet). 6624 support posted 1hr ago, here now. 6604, 6592 if it fails





Levels are certainly respecting well. There is nothing to do but hold runner in #ES_F. 6592 was support given at 8am. It held almost exact for low of day. Targets given were 6624 (hit), 6638 (hit), 6647 (we've been here 1hr, holding almost exact). There is just 6672 left above



We continue to the push the targets nicely in #ES_F as runners keep working from Mondays monster 6390 Failed Breakdown. 6592 was today's 1st support posted 8am. It held almost exact. Targets were 6624 (hit), 6638 (back now). 6647, then 6672 remain next batch above Sell<6592 only



Little to do now but ride runners. Per 4pm newsletter, our #ES_F long setup last eve was the Failed Breakdown of 6360 (down to 6353). We 6360 at 830pm, recovered, and ripped. Targets were 6447 (hit), 6467 (hit). Next up are 6490, 6524. No supports of interest until 6415, 6385





Slow grind down now in #ES_F with our points in the books little to but wait. Today's target off 6575 support (6592 reclaim trigger) were 6604 (hit), 6623 (hit), 6638 (not yet). Bulls must recover 6575 now to see 6592. Bears control below 6592. 6542, 6524 next supports down


Days like today are for lvl to lvl day traders. I posted at 8am that 6638 was support and its today's magnet. We held it at 830AM, ran to 6647, 6664, 6678+ target's. We then swept it at 10am. 6647 (hit), 6664 (hit), 6678 targets again Back to 38. Watch traps again. 6623 below







Another trade in the books in #ES_F. At 11:38AM (after running to 6690+ target) I posted to watch for traps of 6623. We trapped it down to 6617, recovered, longs triggered up 1st target was 6648, just. 6664, 6690, 6716 remain above. Bulls control above 6623, bears below



Runner paying #ES_F. For those who missed the big 655 or 6524 Failed Breakdown's given to newsletter readers, I gave the 6648 reclaim 8am. Targets given were 6664 (hit), 6690 (hit). Bonus were 6707 (almost), then 6716. Huge test at 6716, above which we see 6766 next major magnet

