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MR
mreiserer
Rep: 110
Posts: 2,220
HC ridiculous
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch this standard set upper // here, though. It's a SL set from the 1-min.
JI
jimkane
Rep: 3,058
Posts: 33,089
If it takes out 95 half that is the IB 100% extension, and once over that, it usually goes and goes, in my experience.
MR
mreiserer
Rep: 110
Posts: 2,220
I was just about to post the same :)
JI
jimkane
Rep: 3,058
Posts: 33,089
There is just a ton of stuff just overhead. It would be amazing for it to clear all that. If it does, I'd be expecting a monster up close.
TO
TonyC
Rep: 99
Posts: 471
sold the overhead TL, just in case. Still watching 98-01 though
JI
jimkane
Rep: 3,058
Posts: 33,089
I hear you. Even though there is some movement today, I am not seeing a lot of clear setups. Nice areas, but not clean ABCD-based setups.
JI
jimkane
Rep: 3,058
Posts: 33,089
ABCD, lower //, .382. Now we see what they intend.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, so far so good on that short.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, watch this VAH, GLOBEX high, previous swing low levels, etc.
TO
TonyC
Rep: 99
Posts: 471
quick cover
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, and that's what I was expecting if we headed up off this to the next area. But, it would be a big deal to take this out...


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ES cont daily 051409



Chart created on QCharts, courtesy eSignal