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.
SA
sandoxe
Rep: 445
Posts: 418
Wow. This market is gonna have to work very hard to get out of the negative fractal created today. Lots of zig-zags of 20 or more points to get out of it.
The other way, will be to go down to 1143.00 or 1129.00, gather some momo and back up to break 1170.00, few days in this area.
If 1129 does not hold? --Back to test 1068.00....
JMO.-.-..
The other way, will be to go down to 1143.00 or 1129.00, gather some momo and back up to break 1170.00, few days in this area.
If 1129 does not hold? --Back to test 1068.00....
JMO.-.-..
BR
brent.t
Rep: 560
Posts: 103
Paul, I,m trying to recreate this chart on my system, (Interactive Brokers charts) but havent quite managed it yet. can you steer me in the right direction please.
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
Originally posted by palmer
lunch cost me some profit- I missed that one prest
I missed it too. When we broke below 1154 I knew something else was up as it negated upside projections off the full jobs number move. Then I looked at the full move on the retrace to get a clue and by then I missed the possible initial projection area entry point.
BR
brent.t
Rep: 560
Posts: 103
Sorry, the chart i was referring to was the one Bruce initially posted at the start of todays thread.
SA
sandoxe
Rep: 445
Posts: 418
Test to 1151.00 daily support trend line failed and now will try as resistance. It's at that test where I will look to go short. If does not test it as resistance again? Then I missed it to 1143.00 Will see.
ES now trading 1147.75 @ 13:03 E.T.
ES now trading 1147.75 @ 13:03 E.T.
Originally posted by sandoxe
LOL back down to 1153.00 I don't like this today. This is getting bearish by the minute. I will wait for the test at 1151.00 daily support trend line.Originally posted by Lisa P
WTF was that? SandOxe, was it you exiting your trade...lol?

