Here is the low volume I have marked off from Thursdays trade. The main bell curve will be that 45 - 55 area. There are a few other minor ones ....we still have low volume in the 60 - 63 area. Lets see what the overnight and the 8:30 reports bring.
BR
BruceM
Rep: 216,211
Posts: 19,895
apk u r correct but I am also looking what happened on the following day..9-29...so that added a bit of volume to the area...so I used the 68.75...a subtle and a bit tricky thing...another reason high volume is not my favorite
but thanks for pointing that out as it shows u r reading the stuff
but thanks for pointing that out as it shows u r reading the stuff
SA
sandoxe
Rep: 445
Posts: 418
It's important for the ES to close over 1163.00 in a daily basis. if so, next objective is 1190.00. 1190.00 is 09/27 high.
1163 was the S/R objective for yesterday. Now becomes the S/R base to play the out side. Below 1163.00 is 1157.00 also important
to keep in mind.
1163 was the S/R objective for yesterday. Now becomes the S/R base to play the out side. Below 1163.00 is 1157.00 also important
to keep in mind.
BR
BruceM
Rep: 216,211
Posts: 19,895
My plan for the day session is to start looking for shorts if we trade above 71.50 as that is low volume area ( secondary low volume) in overnight and near that 72.50 - 75 area..
agressive buys would be into the 60 - 63 zone but the buys are better as close to 1160 as possible !!....I am a bit leary of that zone and buying in general today due to the last 3 days of rallies but will try to keep the focus on the signals
after three days of a rally we may get the profit taking day today...
agressive buys would be into the 60 - 63 zone but the buys are better as close to 1160 as possible !!....I am a bit leary of that zone and buying in general today due to the last 3 days of rallies but will try to keep the focus on the signals
after three days of a rally we may get the profit taking day today...
BR
BruceM
Rep: 216,211
Posts: 19,895
so far an open and drive down type of opening....so longs need to be much more selective
SA
sandoxe
Rep: 445
Posts: 418
Yesterday, Lisa and Capitalista had a congruent number at 1156.00. Today 1157 is an S/R. So 1156/57 are important. S/Rs to play from, in conjunction with your system's buy and sell signals.
I see for you the same I see for my self: Having a fun, awesome profitable trading day!!
I see for you the same I see for my self: Having a fun, awesome profitable trading day!!
