No registration required! (Why?)

ES short term trading 7-20-10

When i projected much lower prices,last weekend, few believed it. Everyone was looking for another 1100 test and higher. You probably wont believe what i feel comes next either! lol.. But enough macro crap, heres a snapshot of the near term ,going into the morning....
Click image for original size
selling here for a quick scalp at 1059.50
Click image for original size
59 was an unfilled 60 minute POC........the other is 62
COVERED ONE AT 1058.00...PLUS 1.5..holding the other afor 1057.00 or so
come to papa boyz!!!!
todays low seems suspect to me so far....too many stops there ..conflict in low volume
out at 1057.00 on the other.. plus 2.50 far so good. Makes me feel a little better about missing the 1050.75 buy....watching
Now the test of red avg support at 1056! (the 15 ema on the 5 min chart)
I will buy new highs if the 55 - 56 zone holds this decline...not a good read that damn low tearing at me
First 30 min volume was roughly 20% lower then the running 5-day average.
Thanks for the posts Bruce.

I'll leave you alone to gets some rest up for tomorrow.
Emini Day Trading / Daily Notes / Forecast / Economic Events / Trading Indicators / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Features / Mortgage Calculator / User Pages / Donate

Copyright © 2004-2018, MyPivots. All rights reserved.