ES Wed 11-13-13

gm, from here i think that 50-52 area could still offer good risk reward for buyers, but will watch the internals to see if they are hinting at a trend day in which case i will not keep trying longs blindly especially if we dip below that 49-50 area...42-43 can offer a rebound as can the 36-37 area

on the upside, 58-60 can offer some resis off the open (onvpoc at 58.5, o/n midpoint at 60)...above that 63-65 looks like the next spot to sell....61 is minor resist imo, even though i am showing it in the chart

good luck

Sold 2 cars short at Kool's 1782.00... will hold back to support with a 2 point stop...

Originally posted by pt_emini

getting darn close to kool's 1782 level

this is as strong a trend as i have seen in a long time ES / NQ

A nice breakout potential target is somewhere around 1880.

pt, i know u talked abt this but i cannot seem to find it in the other threads

do u use rth or 24 hr session for your charts? or do u use 24 hr for the shorter term ones and rth for the longer ones?

thanks

Originally posted by pt_emini

Sold 2 cars short at Kool's 1782.00... will hold back to support with a 2 point stop...

Click image for original size

sorry, it should be 1788!