ES Short Term Trading 02-16-2011

Here is the developing RTH profile. So far most of the volume is right around that HVN (green line) at 1326.25.

Besides the averages i pointed out it also bothered me that the nas (which usually leads the spx!) was up a higher percentage than the spx! Well at least we got a good 9 handle correction off that 1336! I'm probably going to try another short soon hoping for a late sell-off today!...Be advised fed min get released at 2:00 est today!

im going to sell 1334.50, but the fed news could blow me away! So again... a risky trade!

Originally posted by koolblue

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UGH! You see the projection was 1334.00 which missed by one tick, but i was hoping for a small overshoot! Anyway... still even on the day ..still watching

my post may be late

Well, im going to get some sleep... but be advised im still very negative on the rest of this week.. i think there is a good chance we saw a good short term peak at 1336!... Cya!

Slumber well Kool and thanks to all