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CharterJoe
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Out of steam? Thats what I'm counting on, Short from around 1278.75 looking for 1250is levels. I've got some major resistance 1279-1282 plus the market hiting some old tops from 07/09.....
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CharterJoe
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Only gap I see is a one tick gap at 3:01 A.M. on the one min, what time frame are u asking about?
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SPQR
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quote:
Originally posted by redsixspeed
Joe/SPQR: Did you have a gap @ 3am EST of the overnite session?
CST S&P pit RTHs I don't. NYSE doesn't either going by the hours, but my 10 minute EST shows a 13 point gap. Strange. I bet voume was so huge most charting solutions lost the candlestick. It happens more than I want to admit in esignal.
I covered at 89 just past PH BTW. :) 21.25 handles. Gotta love this game.
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redsixspeed
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CST S&P pit RTHs I don't. NYSE doesn't either going by the hours, but my 10 minute EST shows a 13 point gap. Strange. I bet voume was so huge most charting solutions lost the candlestick. It happens more than I want to admit in esignal.
I covered at 89 just past PH BTW. :) 21.25 handles. Gotta love this game.
[/quote]
Is the volume that big in the overnite session?
Good Call
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SPQR
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It's hard to dig up just now but when checking market depth just one last time before scurrying off to bed last night vol was at a convicted 400 thousand. 200K is a decided direction overnight. I didn't dream, but I got some rest.
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CharterJoe
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Notice the first sideways move we had after the first impulse, then the second sideways move was a smaller range and was not as long, then the last sidways was an upward channel. I am not saying the sellers are steping in, just that I have seen it like this often, not only does the market not give an back but it actually trends upwards instead of a pullback...
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redsixspeed
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False break out over the high to the whole # 1300.00. Then pull back.
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CharterJoe
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All my indicators have went from oversold this A.M. to overbought that dosn't happen often, the last time that happened was 5/07/08. Up 35.75 since 9:35...lookin to step in fornt of this bull soon, maybe monday 10-10:30. Because if I were to reason with the market it seems to me oil going up through 100 has the same exact effect on the economy as 100 going down...lol
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CharterJoe
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What a great run i love this "bear" market...51.5 ES pts in a day and a 1/2. Markets hit a bumb @ 1313.5 right above the Wpivot and 1315 Is major Sq of nine, and 1307 is a monthly pivot with a very nice doji and weaking MP today, filling in singles from today at the 12:00 bar and 11:30 bar. After going long for so long its tuff to pull the trigger at times and step in front of the bull train, but once again proved worth it.
