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CL Short at Key Pivot LevelThis is a key pivot level where Supply and Demand keep fighting. Currently in a downtrend with decreasing RSI at each Pivot High. What was strong demand (with 3 hits) is now penetrated and became Supply. Go short on the retrace if price returns
NYMEX:CLX2020Short
by ocaptain
Updated
RTY Short at SupplyRTY experienced an explosive move down from a pivot level which historically has been a favorite pivot point, once being Supply, then becoming demand, etc... Looks like we are currently in Supply mode. Take the Short at supply if price has the strength to retrace Expect 3:1 profit and if possible trail it from supply level to supply level as long as we can Higher timeframe is in a downtrend and RSI weakening at each pivot high encouraging continued weakness and permission to take the short.
CME_MINI:RTYZ2020Short
by ocaptain
Updated
22
ES Futures Long at DemandES is in an uptrend on the higher timeframe with positively correlated RSI - Higher Highs are producing higher RSIs allowing us to ride the trend. Take the retrace in a quality demand zone . Target the opposing Supply Zone for a Set-and-Forget 3R profit or use a trailing stop if you will manage the trade actively.
CME_MINI:ESZ2020
by ocaptain
Updated
33

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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