daily price
Al Brooks provides bar-by-bar analysis on a five-minute chart of the
previous prices action in the E-mini S&P 500. This is his analysis
for Mond, June 12, 2017
Bar 1 - Fri was big down, big up so sideways likely. Big doji or doji
bar so probably inside everything. Bigblb, but just below yesterdy
double top, low probability buy, probably sellers above, and sideways
more likely than up
Bar 2 - Opening reversal down from moving averrage,ph, but just above 75
higher low, possible double bottom there
Bar 3 - Double bottom higher low major trend reversal 75 but consecutive
bear bars, always, in short, sellers above or probably sellers at the
high of the bar scaling in higher
Bar 5 - Sell the close, but testing 65 high, and possible opening
reversal up from low of yesterdy. Most should wait r breakout pullback
sell or short but bull bars, near bottom of likely trading range, buy
below or probably buyers at the low of the bar scaling in lower
valanachery, India
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