Good Morning Traders !
VAH 930.50
POC 925.50
VAL 922.00
Weekly R1: 954.50
Weekly PP: 904.00
Daily R2: 944.00
Daily R1: 935.75
Daily PP: 926.00
Highest High in last 20 trading days: 934.25
I will be watching what happens at R1 with great interest this morning ! Also watch the IB high for indications of a trend day if price is accepted above R1.
ES Daily Notes 5 Jan 2009
BR
BruceM
Rep: 216,211
Posts: 19,895
highest volume was at the 31.50 - 34.75...big spike for such a compressed day...so this low is critical if that ledge is going to get cleaned up
VO
VOwater
Rep: 133
Posts: 4,121
i also watch my DOM with bids and offers...you have to be careful because you might think that there is a ton of s/r and then they pull them on you at the last second
VO
VOwater
Rep: 133
Posts: 4,121
took 1 @ 31 keeping stop @ 35.75...ill make the ride to 27 or lower with you bruce
BR
BruceM
Rep: 216,211
Posts: 19,895
I never could get the knack of that...I tip my hat ( if I had one) to those of you who have mastered it
quote:
Originally posted by VOwater
i also watch my DOM with bids and offers...you have to be careful because you might think that there is a ton of s/r and then they pull them on you at the last second
BR
BruceM
Rep: 216,211
Posts: 19,895
it would be a pleasure to ride along with such fine company...not sure they are done with this volume area yet though...
quote:
Originally posted by VOwater
took 1 @ 31 keeping stop @ 35.75...ill make the ride to 27 or lower with you bruce