|
| TAOST Wrap Monday 1 October 2018 |
|
Quote of The Day "Only those who will risk going to far can possibly find out how far one can go."
T. S. Eliot |
|
|
|
ES 15m
The ES was strong all morning before collapsing to test TAOST High Power Zone at day's end. |
|
|
ES Swing Chart 120m Price pulled back nicely on the swing chart and TAOST Balance Zone did its job holding it up. |
|
|
ES Daily Chart Not much to see here, but the rejection above TAOST High Power Zone on the daily is worth noting for swing traders. |
|
|
YM 15m
Price breached last week's high but reversed at a TAOST POI. Still it managed to hold on to more of the earlier strength by day's end and settled close to the overnight high. |
|
|
SPX Daily Today's action remains squarely inside recent congestion and does nothing to reduce the possibility of an extension move higher. |
|
|
|
|
|
|
|
Chart of The Day
Callaway Golf Company [ELY].
|
|
|
|
As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
If you're looking for more learning, ideas, etc., head over to my free, private FB Group. |
|
Copyright The Art of Simple Trading, LLC 2018 All Rights Reserved |
|
