some levels as we go forward....downside only..wishful thinking perhaps as the world seems on bullish. Ranges are fairly small so zones are tight...not much room from level to level
1213.50 - 15.25 - VPOC and spike initiation point ****** key support for friday,,longs don't want it to open below that on Friday morning!!
1207.50 - 09.50 Thursdays RTH open and low volume
1202 - 1204.75 - VPOC from Thursdays ON session
1197- 98.75 Gap and VPOC from ON
87 -91 VPOC and low volume - may rotate here a bunch to fill in the profile
84.50 - low volume area begins and HV from composite
78 - 81 ***** major support , the center of the universe....we have been watching this number for a long time
PT
pt_emini
Rep: 5,707
Posts: 1,940
Looking for the VPOC at 1213.50 initially to confirm the turn down, and then looking for the big target of the unfilled RTH gap way down at 1197.75. Time to open the flood gates and let the blood flow
BI
Big Mike
Rep: 8,097
Posts: 696
Originally posted by pt_emini
Entered short 1223.25
Good call so far!
I will buy at 1211 weekly PP and adding at 1210 if need be. Target 1218.
Good luck to all.
PT
pt_emini
Rep: 5,707
Posts: 1,940
Took one off at yesterday's POC 1219.00 (+ 2 ticks to ensure a fill), moved stop to entry price and will hold for next target, VPOC at 1213.50.
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
Only Wkly PP I saw was DeMark. What's your take on DeMark levels ... and is there anything else that has you interested in that 10-11 area to go long?
Originally posted by Big Mike
Originally posted by pt_emini
Entered short 1223.25
Good call so far!
I will buy at 1211 weekly PP and adding at 1210 if need be. Target 1218.
Good luck to all.
BR
BruceM
Rep: 216,211
Posts: 19,895
ideal sells for me now are under YD RTH highs to target 18.50 ledge...otherwise I'm waiting for 26 - 27 area
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
Numbers I had/have below mkt as potential support:
1219 area ... lots of volume traded there Fri and Mon ... also Daily Mid Pvt
1213.25 high vol area from Thurs ... PASR support nearby at 1214.50
1206-1207.50 ... a Wkly Pvt ... PASR support ... .382 Fib retracement
And, as I type this, the market is testing the session high ... guess I should remember we're in a bullish mkt currently ... even if seems overbot at this point.
Don't have any particularly decent numbers above the mkt that are worth posting.
Good initial trade PT!
1219 area ... lots of volume traded there Fri and Mon ... also Daily Mid Pvt
1213.25 high vol area from Thurs ... PASR support nearby at 1214.50
1206-1207.50 ... a Wkly Pvt ... PASR support ... .382 Fib retracement
And, as I type this, the market is testing the session high ... guess I should remember we're in a bullish mkt currently ... even if seems overbot at this point.
Don't have any particularly decent numbers above the mkt that are worth posting.
Good initial trade PT!


