ES 10-21-08


watching
63- 67 is critical today and 85- 87.50....I personally would like to sell into the first rally up today once RTH opens..as close to the 85 number as possible.but if we hit down hard into the lower zone then I'll hopefully be a short term buyer today....good luck all!!
wow 10 K volume what was that

10 pt move
don't know L from 65.75 and very small...only two...and 71.25 is target....
I am short @ 969.5
Exited 966 as per bruce's Volume area
There's a nice bullish 1min RSI divergence.
Joe whats ur period for RSI ?


buying one
GM Kool...thoughts on yesterdays closing $TICK
quote:
Originally posted by BruceM

63- 67 is critical today and 85- 87.50....I personally would like to sell into the first rally up today once RTH opens..as close to the 85 number as possible.but if we hit down hard into the lower zone then I'll hopefully be a short term buyer today....good luck all!!



Nice area/call Bruce.
The other thing we know is that they will break the Monday - Tuesday range...I'm hoping it's to the upside too but may be illogical to expect that since we closed near the lows today and closer to the lower range......We also have a gap down near 933 so that will be an additional target if we are able to get on board to ride out lower prices

Hope you are having a good B-day KOOL!
quote:
Originally posted by koolblue

still of the belief this is a giant tringle on the daily charts that we better hope eventually resloves itself to the upside upon completion or this market will end up complete toast... bottom trend line somewhrer around 880-882? Note how the daily range keeps contracting?