HMA's and DMI pinching for bear cross set up on 4h for /ES
200 HMA at 2233 at time of post --
Note suppressed bear cross on DMI @ 26 March 02:00am (circled in yellow on DMI); just in case you're corona free and $2 Trillion bills hopeful... keep in mind this chart is only 4H, and skipping a cross here is NOT a signal for longterm reversal (if it bounces- play it, tp, and get out, no need to be a martyr).
Market vola since mid Feb has been mad generous. Jan 2019 to Feb 2020 median ATR on 4h was roughly 30.85, post-Corona it's about 85.70-- that's almost a 3x bump! The range is there, ladies ... get your bull and bear on.
Secure profit.
Appreciate the risk.
200 HMA at 2233 at time of post --
Note suppressed bear cross on DMI @ 26 March 02:00am (circled in yellow on DMI); just in case you're corona free and $2 Trillion bills hopeful... keep in mind this chart is only 4H, and skipping a cross here is NOT a signal for longterm reversal (if it bounces- play it, tp, and get out, no need to be a martyr).
Market vola since mid Feb has been mad generous. Jan 2019 to Feb 2020 median ATR on 4h was roughly 30.85, post-Corona it's about 85.70-- that's almost a 3x bump! The range is there, ladies ... get your bull and bear on.
Secure profit.
Appreciate the risk.