Es short term trading 7-13-10


short 86.50 in O/N as this is a secondary Resistance point....... up top there is 94 - 95, then 1101 and the 1108 - 1110 . we know a big move is coming with the reduced volatility......and we will gap up most likely in RTH. I don't want to get caught in a trend.

Looking for 81.50 to be tested in RTH.
took the loss at 90.50...reason to follow..gotta go swim...
94 - 95 next key..rburns,...I'll resppond later ..gotta run now
Old pit session single ticks 92.5-95.75
Watching for a lower high or marginal new high reversal signal and break 50 SMA(flat here at 1092 level) on 1 min chart.This would be my area for top if reversing intraday.
HOD above at 1094,1090 S/R line below.Bounced off 3X from high so far.
50% retrace of that large decline at 1106 if goes through 1099.
Looks good until it doesn't.
10 year note auction at top of hour may stimulate some action
short 92.50...see the ledge?
that will be three , 30 minute bars with matching lows..if this 30 minute bar doesn't clean em up.....go gett em!!!
best for me is the hour close print...holding 3
trying for 86 double low next...hopefully they don'twant to fill in 91 again
I think they do. Kind of slow for capitulation so far but nice. Could be a wave 4.
Two days of up move with low volume....
Conventional analysis says the market is losing steam....but
the market continues to rally.
Anyone here started placing their shorts?