ES Monday 9-19-11

Here's my ES 30min Monkey Map of PASR levels as Red with White dashed lines as Wkly Pivots ... and Volume Profile of the past 20 days on the right vertical axis. The Gray background areas show overnight (non RTH) areas. Have a Fib cluster in and around 1183 as well (though not drawn in). Hope this is helpful.

drak, 81.75 was close on 9/15 and I had a small gap above it. Also INDU (YM) had a gap there, so figured it would close it before Mr. Obama speech.

Bruce, i am with you long at 82. I have a low volume node at 85.25, so will trade to 85

so far, so good

Long from 1183.50 filled on BUY Limit Setup: second upcross of EMA on 610 Tick chart, target is 1187

1.3 Trillion cuts sounds positive for the market

Originally posted by BruceM

not baosting but the plan worked perfect today!!...except I would like to see 87.50 again...that would make it perfection!!

trying to hold two ror 87.50 but trade back to 82.25 will stop those out

fwiw, KT 81.5-83.75 gives a ful projection of 87.5. Initial of 85.25 hit already.

sorry, that was 3 Trillion. I cannot comprehand either figure....lol

I B High : 1191.25 , Low 1181.50 Close 1184.75- My Trade Plan: Long above I B Close on a Setup only.

I have 81-82 as the buy area now & 88-91 sell areas..under 81 is 76&73 as targets and long entries

Trade Plan : Selling below I B Close, on a SHORT Setup only.

Sold 1184.50 , target filled for + 1.25 pts

Id go broke trying to read todays posts and trade. In the morning I look for Bruces levels and see how they mesh with mine. Reading any more here will probably cause a brain fart {for me anyway}. A 1.5 stop in 35 pts ranges which we have been having is suicidal in my opinion. You can get an execution and stop at the same time. Best wishes and good trading RB