TA of e-mini ES
Daily:
Down trending started yesterday, lasting for 2 days, which is different from 11-17-2014, the Sell signal emerged for only one day.
Is this the beginning of the end, yes, eventually will. but it take almost one month (08-28-2014 to 09-22-2014) to officially start a 10% correction, I think this time may take even longer, considering the X-mas rally. But any political-economic bad news will fasten or ignite the falling. Wall street are waiting for a reason/excuse.
All TA indexes waiting for a confirmation of Lower highs, last time is 09-19-2014
Hourly(1h~4h) still showing a upward trending, so short and hold over-night will be dangerous
Minutes(15 minutes) is good for day traders to catch peak and dip, for a low volatility trading session like today. All indexes should be adjusted to increase the specificity and sacrifice the sensitivity, would rather miss but not mistake.