ES day trading for 5-27-11

First resitance line is at current O/N high as we approach the 8:30

1330.50 - this is also last fridays VA low !

then above there we run into a high and low volume combination from last friday up at

1332.50 - 1335 *******that is a better zone I think for selling against if given the opportunity

On the downside we have that key area from YD at 23.75 and the current O/N low is 24.40 so key support will be

1323.75 - 1324.50 ***

under there is a low volume area at 19.50 - 21.25...the breakout zone...that is important to bulls so it gets lots of stars ********
those two zones are tight.....

These will be revised after reports hit....

3 day weekend and reports also at 9:45 and 10 a.m.

I'm hoping to get trading over with fast today......It's one thing having losses but having them infront of a long weekend is worse for overall I will be trading lighter and not as agressive

I favor the short side again.

as usualy we will watch the ranges to see what holds and what fails....
Looks like im about to drop 500 bucks...sheese! Not a good way to start the holiday!
old VPOC here 1332.25
Nice Filled on 1333.00
Old VPOC(long black line)at 1332.25. Green line IPO POC
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2011 05 271103
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..By the way ,John pr ..great trade!!
Bears piling up...watching here.

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2011 05 271117
1.272 ratio again. I say we go higher, though... watching 35-36 as a target.

Going to take all my contracts off on 1329.00 See how the market reach there. Remember play with the big players.

Originally posted by johnpr2010

Why I would get my runner up to 1333.00 then make a big short sale of 20 contracts?
Bears put effort. Looking for a re-test. Bounce is on low volume
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2011 05 271518
Let's see this fall apart down to 24-25. Shall we? ;]