Futures Commentary and Analysis

Back

MDA SnapShot: E-Mini S&P, Bears Taking Control? 12/7/17
Andrew Pawielski - IF - Thu Dec 07, 9:00AM CST

The post MDA SnapShot: E-Mini S&P, Bears Taking Control? 12/7/17 appeared first on Daniels Trading.

December E-Mini S&P – Multi-Profiles – Sell Zones

Source: MDA/dtpro/TAS

CLICK IMAGES TO OPEN CHART CONTENT

Breakdown of Today’s Update

Published 12/7/17 8:30 am central:

Traders,

We have seen bears beginning to try and take control over the last couple sessions and the most recent move lower. We are seeing on scanner 2 of the 4-time frames bearish. We had a weak overnight and the bears have a chance to push this further if we are able to break 2 key levels. The 4-hour bottom boxes and the Daily bottom boxes.

If you are bullish today, you will want to have stops below the 4-hour bottom and use that as your defensive line.

Outlined on the chart we are showcasing sell orders in line with the 4-hour bottom zones. We are seeing bearish confirmations that show there could high probability chances of this moving lower.  However, keep in mind every bearish longer-term setup has been short-lived with large buyers stepping in. Keep that in context.

The other area to look to short is the 5 min top boxes @ 2631 level as a failed breakout attempt to move higher.

Review the setups on the chart and if you have questions let me know.

REMINDER Webinars:

Make sure to sign up for my LIVE MDA SnapShot Webinar every Wednesday. You will be able to see all of these tools in real time, as well as, the markets and time frames you want to watch with instant analysis. Even if you cannot attend live, sign up, as you will get a recast email of the event.

  • WEBINAR Sign Up: https://www.danielstrading.com/webinar/mda-snapshot-pre-market-chart-analysis
  • Webinar Recasts: https://www.danielstrading.com/mda/recasts

Background

Below you will see published updates from the Market Dimensions Advisory. These are sent in real-time to subscribers. Do Not Miss them going forward, subscribing below for FREE. These blog updates are showcasing the levels and positions that potentially could be executed by traders who are following the MDA SnapShot updates.

If you would like to follow these trading alerts in real-time and have the ability to speak with me, you will need to subscribe to the newsletter and become a client of our firm.

To get these updates sent directly to your inbox, please SUBSCRIBE Below.

Contact me directly @ 800-958-9571 or via email: apawielski@danielstrading.com 

Twitter @MDA_SnapShot

SUBSCRIBE: (Copy Paste into Browser): http://buff.ly/1KHifiZ

Below the updates, you will see the original charts showing buy/sell zones

Market Dimensions Advisory

Subscribe to Market Dimensions Advisory

Market Dimensions Advisory – Get Inside the Mind of Commodity Market Professional Andrew Pawielski! The Market Dimensions Advisory leverages Andrew’s own live trading and a career of working directly with professional traders, commercial clients and institutional business. This deep understanding combined with countless hours of technical market analysis have made Andrew proficient with trading execution and the trading process.

Market Dimensions Advisory includes an email newsletter subscription.

Subscribe to Market Dimensions Advisory
Learn More

Market Action Scanner

The Market Action Scanner is a premier Market Profile based scanner powered by the acclaimed TAS proprietary algorithms. Sign up for a 14-day trial to Market Action Scanner!

Register Now

Contact Daniels Trading

To open an account or request more information, contact us at (800) 800-3840 or info@danielstrading.com and mention .

Risk Disclosure

STOP ORDERS DO NOT NECESSARILY LIMIT YOUR LOSS TO THE STOP PRICE BECAUSE STOP ORDERS, IF THE PRICE IS HIT, BECOME MARKET ORDERS AND, DEPENDING ON MARKET CONDITIONS, THE ACTUAL FILL PRICE CAN BE DIFFERENT FROM THE STOP PRICE. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER.

THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CONTRACTS CAN BE SUBSTANTIAL. THERE IS A HIGH DEGREE OF LEVERAGE IN FUTURES TRADING BECAUSE OF SMALL MARGIN REQUIREMENTS. THIS LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU AND CAN LEAD TO LARGE LOSSES AS WELL AS LARGE GAINS.

This material is conveyed as a solicitation for entering into a derivatives transaction.

This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.

You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.


Back
Markets: Currencies - Energies - Financials - Grains - Indices - Meats - Metals - Softs - Full List Contact Us