MyPivots
BR
BruceM
Rep: 216,211
Posts: 19,895
Up here at 845 ES....S&P is holding back this rally today...where the HECK is my plus or (hopefully) minus 8 - 10 range? has everyone gone to 24 hour trading???
BR
BruceM
Rep: 216,211
Posts: 19,895
I think they want that low of last week and then the 912 - 913 break out point...not today though on the 912.....good luck on those puts...looks lika a real "keeper" to me
KO
koolblue
Rep: 48,651
Posts: 16,032
covering 929.50
KO
koolblue
Rep: 48,651
Posts: 16,032
hourly proj down is 926.75...will buy at 926.25
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
out of half of my puts with ES at bouncing around at 929 area ... tightening up stop on rest
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
ES was reacting off daily S2 ... and still have in mind Monday's run up and a bit of a run up that I had SPY calls for as a day (or more) trade that I covered each day (option day trade on SPY). I still see potential of 926-923 today ... but, again, the pm in recent days has run up off of any lows ... was looking for more of a precipitous fall/plummet in price. Will hopefully make some on the 2nd half of position ... may even peel out of half of that around 926 and hold a quarter of initial position.
KO
koolblue
Rep: 48,651
Posts: 16,032
hit 927...one tick from hourly proj which was 926.75...it must now be considered fullfilled
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
Another reason I covered ... 60min chart got down to where a potential H&S neckline (trendline) was in the 929 price area. Out of rest of put position with ES trading at 931.


Click image for original size
No Description Entered


could be considered a triple top ... espec considering the highs overnight. Then again, we're in a trading range, albeit only a week+ on the Daily, and traded down to the low end conciding with the 920's. Just more observations.
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
Nice call Kool ... much appreciated!!
BR
BruceM
Rep: 216,211
Posts: 19,895
33 - 35 is the break down point so this is what us sellers want to see hold now on this push up..
BR
BruceM
Rep: 216,211
Posts: 19,895
many times they will try and fill in the second set of singles on a day which actually has the fill in point near 36.25
BL
blue
Rep: 751
Posts: 388
Just about perfect - perfectly wrong that is!