ES short term trading 7-7-10 5921


Just a giant range between 1039 and 1006

key zones

1037 - 1039
1025 - 1028
1014.50
1006
short 34.25...that is forming seond air pocket...cautious due to trend
35 is peak volume from yesterday...
already lost 1pt trying to short this move up.

i have a feeling this could be trend day.

I hate trend days, because I can't short, and I don't know where to go long.
air at 31.25
plus 8 - 10 players should be satisfied now too...I hope,,,,
Bruce, air pocket is from 1031.00 to 1033.00 correct?

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Air Pocket in ES on 7 July 2010.
1 min 50 sma about 1031 too but vertical so far
well we have the 38 - 39 bracket top above Phileo so I am not sure this is realy a break out today........I always assume we aren't trending.......perhaps a mini trend for now



Originally posted by phileo

already lost 1pt trying to short this move up.

i have a feeling this could be trend day.

I hate trend days, because I can't short, and I don't know where to go long.
with a lower high so far from yesterdays
yes DT...perfect !! so air will fill in completely at 31.25....
Here's a 30 minute chart of the ES with the DVATool on it showing 1 filled in single print from Tuesday (red horizontal dotted line) and 4 single prints left from today's trading (white horizontal dotted lines).

Click image for original size
ES 7 July 2010 showing 4 single prints left behind on this day.