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
BR
BruceM
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on 24 short...... 22.50 and 21.75 need work...will add above 26 if needed
BR
BruceM
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those targets are hV from ON and current session...21.75 is LV for day session
PT
pt_emini
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break-even stop got flushed out, may try another short if we get some sort of reasonable setup.
BR
BruceM
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lets see if IB breakout long traders have any power ( if they can break out of the highs)...26 area is still add point
PT
pt_emini
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One ticked Friday's High ! IB about to complete with a paper umbrella candle ? Break back below OR Low will pull me back into short.
I1
i1hunter
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ES currently moving towards the 1226. On the 60M chart I had 87 hours (07:00) from 1179 to 1226.00 but did not make it. Next time is 109 hours or tomorrow at 01:00 to possibly 1235.00 objective. To void the above the ES will have to move below 1214.00 today. (A bit too low but that's how the system has it) ES now trading at 1223.50 @ 10:31
Originally posted by i1hunter
I got stop out B.E. and the projection was voided.
IN the 60m chart I can count a 5 EW up, but I don't know if it is a 5 of 3, if it is. then we still have one more impulse up. Or currently making an a,b,c,d,e of a #4 then 5# up.
Will see, in due time the market will show me the way
Originally posted by i1hunter
I have a projection to 1226 by 11:30 or so.
The projection will be void if moving below 1215.25 ES no trading 1219:00 @ 10:27
DA
day trading
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Originally posted by pt_emini
... a paper umbrella candle ...
"paper umbrella candle?"
Do you have a chart of that? I haven't seen one of those before...
BI
Big Mike
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Originally posted by MonkeyMeat
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.
There is Fib support in the area and 1st touch of Demark wkly PP has been successful for me.