ES Monday 9-26-11


The numbers below are for Monday. The bold numbers are important S/Rs. the others are minor s/r. If you find congruency between the numbers posted below and the ones you got, and the market is trending in that direction, then it's most likely the market will hit it.

For Sep. 26. Monday

Buy above 1133.25

with 1137 / 1141.50 / 1145 / 1150 / 1154
Extreme 1158 /1162
as outside resistance and objectives.

Sell below 1128.75

with 1124 / 1120.25 / 1116.75 / 1112 / 1109
Extreme 1103 / 1095
as downside support and objectives.

As always, the market has the last word and in due time will show us the way.
I see for you the same I see for my self: having the very best of luck and a fun, awesome, profitable trading day!
Originally posted by della

bruce said that this morning 26 to 27 area

Della, that is where Friday's POC is

Click image for original size
2011 09 261006
Originally posted by drak

Im guessing the exact method of deriving these numbers is proprietary?
Yes it is.
Short from 1128.00. Protecting stop 1129.50.
ES now trading 1126.75 @ 10:11.
bruce how would friday numbers be involved in to day friday 23.75 low vol
Moving protecting stop. down to B.E. Looking for O/N low 1115.00 and possibly 09/26 low 1103.00. Will see if it give it to us.

ES now trading 1126.25 @ 10:19 E.T.
tick is showing real LOWER LOWS
Nice try. Stop out at B.E.
ES now trading 1128.25 @ 10:23
Trying again. short 1128.00. Stop 1129.50.
ES now trading 1127.50 @ 10:35
Same objectives as before. Moving stop down to 1127.00
ES now trading 1125.00 @ 10:38
Arrr that 1124 support LOL. I should play 1128 to 1124. Stop out at 1127.00
ES now trading 1129.00 @ 10:42
well since we are all making projections here and predictions I'm putting my prediction on the 52.75 retest.....above this 61.25 area though I have 67.75, 71.75 and the big number at 76.50...real close to what you folks have posted...these are all fade points ....assuming I was awake...