US report 20th November DOW and ES-minis


The start of the trading week was simply trade on the side of the 5-day 50% level, and below it the expectation was to head down on Monday towards November lows.

During the trading week I try and give one, maybe two good trading set-ups per week, and yesterday’s trading was it.

For Tuesday I don’t have a high probability set-up, as early price action can go either way before it resumes the trend, so it might be 1 more day before the another set-up aligns with the Dilernia Model.

However the expectation still remains:- a test of the November lows in both markets.

US report continues Below….