I thought that if I at least opened a thread about today, that others would post some things.
the gap today has created an island below because price opened inside the gap
Gap is 75.75 to 84.50, it was created by the down open on 6-15-11 and subsequently has never filled,
the open today gapped up, retreated to a low of 77.50, that leaves island style gap 77.50 down to 75.75.
I would expect small moves, and odds favor a fill of the ES lower ghap today.
I consider yesterday a trend day.
today (day following trend day) often has consolidation, intraday zigging and zagging.
Some one else can post something now.
LI
Lisa P
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I have marked 1287, in case Mr. BigWig has not covered yet. I expect a pull back to 1287 (target for any short I see)
PA
PAUL9
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the full extension of Monday's Range, 1289.25, has printed.
Unfortunately, I have not studied this phenomenon any deeper than simply looking for a 618 extension print to generate a 1.0 extension.
I have not uncovered (I haven't really studied) anything more about it.
good trading to all
Unfortunately, I have not studied this phenomenon any deeper than simply looking for a 618 extension print to generate a 1.0 extension.
I have not uncovered (I haven't really studied) anything more about it.
good trading to all
LI
Lisa P
Rep: 6,498
Posts: 1,428
However, looking at the numbers on the Footprint chart above, Mr BigWig exited quickly - within 0.5 point. Sorry for several short posts, instead of one longer.
DU
Dubya
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With the open at 79.50 we just completed our 10 points up. The meltup may stop here and the zig zag begin....
BR
BruceM
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we had 3 sets of single prints and a/d was almost at 7 to 1...so I was selling into that....luckily a late start today otherwise there would have been losses....a retest of 85.50 will fill in the second set of single prints
1287- 1289 needs to hold back any rally...that is peak volume and POC is up there...last weeks high is not attracting buyers above there...that is critical
also we have had no 50% back test today and you will not get that test on trend days...I'm not in the trend day camp anymore !!
1287- 1289 needs to hold back any rally...that is peak volume and POC is up there...last weeks high is not attracting buyers above there...that is critical
also we have had no 50% back test today and you will not get that test on trend days...I'm not in the trend day camp anymore !!



