December 4th Monday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis
Posted: Mon Dec 04, 2023 10:54 am
[08:16:23] * Now talking in #TheStrategyLab
[08:16:23] * ChanServ sets mode: +o wrbtrader
[08:20:42] <@wrbtrader> Monday December 4th
[08:20:47] <@wrbtrader> Good morning
[08:21:30] <@wrbtrader> Shorts Emini ES @ 4586.25 -> large size
[08:21:37] <@wrbtrader> 10 contracts
[08:36:01] <@wrbtrader> price now below the R area in the correlated price action of Emini NQ
[08:36:52] <@wrbtrader> volatility spike
[08:37:13] <@wrbtrader> there's a good chance the increasing volatility will push prices lower to the next Key KME WRB Zone sitting below
[08:39:17] <@wrbtrader> price now below the most recent reaction low
[09:30:55] <@wrbtrader> Covered all Emini ES Short @ 4565.00 --> + 21.25
[09:31:24] <@wrbtrader> WRB pt4 reached
[09:31:47] <@wrbtrader> I think I will now spend the first few hours of the regular trading session studying the price action via WRB Analysis
[09:32:02] <@wrbtrader> will also be taking notes and making personal DOK charts for my private thread at the forum
[11:04:06] <wrbtrader> CME Group Alert: E-mini S&P 500 trades down 1% from its previous close
[11:04:26] <wrbtrader> On Dec 04, 09:55 AM, E-mini S&P 500 price declined 1% from its previous close. This has occurred 56 times over the last 12 months.
[11:04:26] <wrbtrader> 54% (30 out of these 56 times), the price decreased 5 hours later by an average of 14.52 points. The maximum decrease in price has been 51.0 points.
[11:04:26] <wrbtrader1> 26 times out of 56, the price increased 5 hours later by an average of 26.17 points. The maximum price increase has been 98.0 points.
[11:05:18] <wrbtrader1> Take care and see you tomorrow
[11:05:21] * Disconnected
[08:16:23] * ChanServ sets mode: +o wrbtrader
[08:20:42] <@wrbtrader> Monday December 4th
[08:20:47] <@wrbtrader> Good morning
[08:21:30] <@wrbtrader> Shorts Emini ES @ 4586.25 -> large size
[08:21:37] <@wrbtrader> 10 contracts
[08:36:01] <@wrbtrader> price now below the R area in the correlated price action of Emini NQ
[08:36:52] <@wrbtrader> volatility spike
[08:37:13] <@wrbtrader> there's a good chance the increasing volatility will push prices lower to the next Key KME WRB Zone sitting below
[08:39:17] <@wrbtrader> price now below the most recent reaction low
[09:30:55] <@wrbtrader> Covered all Emini ES Short @ 4565.00 --> + 21.25
[09:31:24] <@wrbtrader> WRB pt4 reached
[09:31:47] <@wrbtrader> I think I will now spend the first few hours of the regular trading session studying the price action via WRB Analysis
[09:32:02] <@wrbtrader> will also be taking notes and making personal DOK charts for my private thread at the forum
[11:04:06] <wrbtrader> CME Group Alert: E-mini S&P 500 trades down 1% from its previous close
[11:04:26] <wrbtrader> On Dec 04, 09:55 AM, E-mini S&P 500 price declined 1% from its previous close. This has occurred 56 times over the last 12 months.
[11:04:26] <wrbtrader> 54% (30 out of these 56 times), the price decreased 5 hours later by an average of 14.52 points. The maximum decrease in price has been 51.0 points.
[11:04:26] <wrbtrader1> 26 times out of 56, the price increased 5 hours later by an average of 26.17 points. The maximum price increase has been 98.0 points.
[11:05:18] <wrbtrader1> Take care and see you tomorrow
[11:05:21] * Disconnected