ES Thursday 11-27-2011

The objective for today is at 1265.00 possible spike to 1279.00 but not necessary .
An interesting day for the market in general!

ES now trading 1251.25 @ 22:55 E.T.

As always, the market has the last word and in due time ill show us the way.

Right now, next hours, next days, next weeks, next months and next years to come, I see for you the same I see for my self: Having the very best of luck, fun, awesome, incredibly profitable trading experience!!

Nice Bruce

hey this is October...not November...hey Sand.. ur as bad as me...LOL


remember that 66 - 67 is the upper edge of the 66 - 62 bell curve.....

thanks phar...I want to get some air into 66 - 67 so we can take a stab at the long side...they are trying toget some air

tying from 63.75 ...low volume up at 66.50...may be a bit early...they are trying to form single prints

Boy is this market profile great

Bruce explains it not good (GREAT)

sure wish we could get some good low $ticks...making it tough down here...but will try to hold to target

interesting

10:04 AM Sal Arnuk of Themis Trading notes since January 1, 2000, the S&P has opened 2% higher 254 times. The market has closed lower than the open on 224 of those occasions. [Quick Ideas] Comment!

bingo (great)

thanks della...that 66 - 67 is holding this brief rally up....I closed all up there...that upper edge becoming resistance is bad for additional longs now...so we will need to be more selective in our 59 - 62 buys if they come....

Wow, that was a fun day!!! In my last trade, I got my 3 points back and some.
Below is the "After the fact chart" following up the one posted last night.

Originally posted by sandoxe

I got stop out, giving 3 points back. It's not going to go up forever.--- It does looks like a capitulation day. WIll see. I will give it an other shot soon.

ES now trading 1287.00 @ 15:30

Originally posted by sandoxe

In your paper trading, if you were looking for shorts, or reversing, this will be a great area to try it out.
Stop above today's high 1282.75,

ES now trading 1279.00 @ 14:11 E.T.

Originally posted by sandoxe

Originally posted by sandoxe

The objective for today is at 1265.00 possible spike to 1279.00 but not necessary .
An interesting day for the market in general!

ES now trading 1251.25 @ 22:55 E.T.

As always, the market has the last word and in due time ill show us the way.

Right now, next hours, next days, next weeks, next months and next years to come, I see for you the same I see for my self: Having the very best of luck, fun, awesome, incredibly profitable trading experience!!

Here's the same daily chart posted back on 10/12. But today, I have the objective at 1.618% 1265.00 due in today's session.
1254.50 is currently a small S/R, overcoming it, will become support.

ES now trading 1252.25 @ 23:43

Click image for original size