Thick black line at 1124.75 is the former high previously known as 1129 on the old contract.I think we all know the other levels. 1100 or 1160?
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DA
DavidS
Rep: 3,181
Posts: 557
Already broke yesterdays high and my downtrend line quickly.. Things like this can happen when you don't break 1117.
Thick black line at 1124.75 is the former high previously known as 1129 on the old contract.I think we all know the other levels. 1100 or 1160?
Thick black line at 1124.75 is the former high previously known as 1129 on the old contract.I think we all know the other levels. 1100 or 1160?
LU
luckytwelve
Rep: -120
Posts: 23
Sorry BruceM, I'm not here to 'call the ball' for you or anyone else.
Everyone should trade their own eyes and rules. I just try to narrow things down a bit with the non-standard pivot and r/s.
We've both seen price plow through vaunted 'volume' levels time and again. To say otherwise would be less than honest.
To my eyes, 'Volume' lies in the past, and has little effect on the futures. ;P
Everyone should trade their own eyes and rules. I just try to narrow things down a bit with the non-standard pivot and r/s.
We've both seen price plow through vaunted 'volume' levels time and again. To say otherwise would be less than honest.
To my eyes, 'Volume' lies in the past, and has little effect on the futures. ;P
DA
DavidS
Rep: 3,181
Posts: 557
Here's my other hourly chart.
I squeezed it down to eliminate a lot of lines for ya. :)
I squeezed it down to eliminate a lot of lines for ya. :)
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DA
DavidS
Rep: 3,181
Posts: 557
I find it's hard to share any valuable knowledge in a debate. Especially during RTH.
DA
DavidS
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Posts: 557
Watch the hourly candles. All green so far without a rest. A reversal would take out the low of the previous candle and hold. A red candle that doesn't is just a rest if new high breaks.
Having trouble finding a top so far.
Having trouble finding a top so far.
LO
Lorn
Rep: 16,037
Posts: 1,406
Until this ledge around -300 in ticks is taken out we aren't going to see much downside action.
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LO
Lorn
Rep: 16,037
Posts: 1,406
Agreed. It looks so nice and pretty sitting there all by itself.
Originally posted by PAUL9
Think price has to test weekly H, 1144.00
DA
DavidS
Rep: 3,181
Posts: 557
Cash hasn't broken the 1148 yet either.
Stocks extremely positive. No great weakness and it could run higher into the close. End of quarter coming.
Banks,BKX, MSFT back up but lagging. Think how high this could go if they caught a run.
Still,we have a lower high here.
Last of the Gann dates for new high,21st-24th, and so far correct and true even if they reverse. 1144 on the 21st.
Stocks extremely positive. No great weakness and it could run higher into the close. End of quarter coming.
Banks,BKX, MSFT back up but lagging. Think how high this could go if they caught a run.
Still,we have a lower high here.
Last of the Gann dates for new high,21st-24th, and so far correct and true even if they reverse. 1144 on the 21st.
RE
redsixspeed
Rep: 4,111
Posts: 1,711
Originally posted by redsixspeed
Friday close was above the 1140 which is the top of the zone it also closed above 1141 a key # for me...this was a weekly close as well so I am still looking for more up...gotta have a plan..
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We made it to zone 1163.25/1167.50..this area is hit 80% 0f
the time...the next zone above is 1176.00/1180.00 and is hit
90% of the time....I view these as giant magnets...we seem
to have stalled at these areas...some say a reversal is near.
Its one thing to see a cluster of #s in an area...but if I know
how often the area is hit I have a better idea of market direction