I'm not sure if we want a different thread outside of the Weekend preview for the current day but here it is anyway.
We have daily and weekly R1 levels at the 1224 area which goes well with one of Kools targets and the key number of 1225.
Fridays lows match up well with the weely Pivot and the daily S1 so 1202 -1200 needs to go the radar...another key number.
More current is the ON low at the 1210 as that was also a low volume area from friday...I'm looking to get that run out today...the 1206 area was the other key breakout point
So far barely a 7 point range in the ON so will be watching the open in RTH and the midpoint...I'll update later closer to the open...no time spent at 11.75 in the overnight so an obvious first attractor..and it currently sits just below a swing point....I think they will run that out..
BR
BruceM
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Posts: 19,895
YM is trying to keep this up...Nq just tagged it's low Overnight area...for my RTH trades I'm setting up a band of resistance at the 1216.50 - 1218.50 that includes ON H and R1 today..
so many numbers in a tight range leads me to think that this could be very choppy at the open as it's difficult to get good numbers.
The weekly volume profile has key areas at the 95 - 97 and the 1206. The wekly pivot is hit over 80% of the time so we need to be thinking about that at 1207 ...so that's gonna be cool..
EDIT: for typos on zones
so many numbers in a tight range leads me to think that this could be very choppy at the open as it's difficult to get good numbers.
The weekly volume profile has key areas at the 95 - 97 and the 1206. The wekly pivot is hit over 80% of the time so we need to be thinking about that at 1207 ...so that's gonna be cool..
EDIT: for typos on zones
BR
BruceM
Rep: 216,211
Posts: 19,895
13.25 is ON midpoint and we tend to trade through it back and forth a few times when we open right near it...just an FYI...so be careful at the open if we open here...lots of targets below there so short side if preferred
BR
BruceM
Rep: 216,211
Posts: 19,895
we need some reason AK1...I asked on Friday and got the run around.....lets not go down that path today...when u have time
Originally posted by ak1
Please bear in mind that we have 1201 as a possible target