Greetings,

Today's optimum strategy for ES futures from JS Services was to buy R, which was below DP and then to sell UP.  In other words, short the market in a downtrend down to R if we make it there and the BUY R, looking for a rally up to the UP line.Whenever R is below DP and below Prices it is suggesting that there could be a strong upside reversal after an initial decline. The MC value was 0 and market state was Neutral Digestive.

Prices never made it down to R. In fact, they barely made it below the Direction Line (50 yard line).

From a practical trading standpoint we are looking to see who has control of the market after the open. We determine that by the KP PIVOT PATTERNS. If we see LPH print on our chart then the BEARS HAVE THE BALL. That tells us that prices will head south ... testing the critical support lines.

We ASSUME prices will move lower, challenging the DIRECTION LINE (50 yard line) and if that doesn't stop the bears our next target is the 20 yard line. If that doesn't stop them then DP is the next target ... and on and on.

Here is how the morning played out. The BEARS took control off the open giving us a lower pivot high(LPH)  SELL SIGNAL at 9:34 A.M.. That trade was good for 32 ticks ($400.00 per contract). The market was now controlled by the BEARS and we got a second LPH. That trade only went 6 ticks ($75.00 per contract) before the BULLS regained possession at the 50 yard line. We know the BULLS have the ball whenever we see a HIGHER PIVOT LOW form and HPL prints on our charts.

In Kwik*POP terms ...WE BUY a HPL. That BUY SIGNAL was good for 10 handles (40 ticks, $500.00) per contract, as prices pushed all the way up to the BEARS end Zone at UP.

The second part of today's JSServices Strategy was to SELL a momentum breakdown at the UP Line.  As you can see from this 15 minute line chart ... the UP line was a brick wall that the market could not penetrate. It got very choppy up there, but as you can see, the bulls finally capitulated and prices dropped 18 handles lower from the UP line.

So, the market sold off to the DIRECTION LINE and then rallied rallied 18 handles up to the UP Line. Could not penetrate UP and fell back 18 handles. Using the Kwik*POP momentum patterns linked with the JS Services playbook and RANGE levels you caught the shorts down to the DIRECTION LINE, reversed on the HPL pattern and rode the market up to the UP resistance level and shorted it back down to the Direction Line.

IS THIS FUN OR WHAT? The combination of Kwik*POP and JS Services is going to make SERIOUS TRADERS some SERIOUS MONEY!

Would you like a FREE TRIAL? Send us an e-mail and TAKE THIS MACHINE OUT FOR A TEST DRIVE!

Regards,

WDH

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