#ES_F, #6E_F – Sell in May

Sell in May and go away, come back on St Leger Day

I am not watching the market actively at present and it looks like I am not missing too much.

I left some markings on my chart for sellers at 78/83 from 04/11-04/12 – the sellers are there again as this template shows:

es_footprint_backtest

es_footprint_backtest_buy

Sell in May worked in 2012, no guarantee it will happen again but going by the past the topping process takes a few weeks:

es_composite_candles

Addendum: chart on 6E with the prior range.

euro_composite_trend

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s