situ886

DAY TRADE Market Condition

situ886 Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Day Trade Market Condition, Jesse Livemore "There is only one side to stock market; and it is not the bull side or the bear side, but the right side":
NQ, ES, CL, BTC (a day trader on NQ, markets I pay attention with); Market Condition show on a table of each chart
  • Rally, long position offers higher success
  • SHOPzone, price fluctuate randomly between Supply/Demand levels (traders get burden mostly, day trading)
  • Drop, short position offers higher success
  • BULL, up trend for the week
  • Cumulating , keep eyes on left column (the first top 3 above)
  • BULL, down trend for the week
Top down approach for day trade, quoted from Jesse Livemore, "I must buy on a rising scale. I don't buy long stocks on a scale down I buy on a scale up."


Comment:
The market Condition update through the day during regular market open.

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