MyPivots
JI
jimkane
Rep: 3,058
Posts: 33,089
Starting it off. I'll be quite busy over the next several weeks, so my time in here will be light and sporadic, but then hopefully in a month or so it will settle down, and I'll be able to do more. Monday is a holiday, but there will be some futures trading tomorrow, so we won't be without some fun.
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MarcinO
Rep: 67
Posts: 5,506
KZ before breaking the resistance?

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es 2014 01 21 3 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, that was the key line I was looking at, marcin. Al's 'backtest' line is also something to consider, but I don't like charting the SPY because it is RTH only. It can be supplemental, but not primary for me.
JI
jimkane
Rep: 3,058
Posts: 33,089
Sure is a battle in here, eh?
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, there is something else very obvious that only my latest mentor students would get, but it isn't something I want posted in here, so this is just a hint for them to look for it.
RA
rat89
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Posts: 7,015
at the low:

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screen shot 2014 01 21 at 12 24 16 pm png



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screen shot 2014 01 21 at 11 36 19 am png

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screen shot 2014 01 21 at 3 21 17 pm png
JI
jimkane
Rep: 3,058
Posts: 33,089
And so there's the advantage of charting the RTH ETF's, as shown once again by rat. They have their own dynamic which is just as valid as charting an all-sessions futures contract. For me, since I work the ES, I want to just concentrate on that dynamic, so I rarely mix them. I think it could add value, but it would add a lot more work, and potentially a lot of ambiguity I don't need.
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jimkane
Rep: 3,058
Posts: 33,089
Are they ready to head it up now?
MA
MarcinO
Rep: 67
Posts: 5,506
Right of key lines.
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jimkane
Rep: 3,058
Posts: 33,089
All I know is long is the play right here from my viewpoint.
JI
jimkane
Rep: 3,058
Posts: 33,089
This bounce to 37.25 will give me a lot of info. How it acts here, as the RTH comes closer to its end, is a big clue. Weakness here, now, doesn't bode well for a pop into the close. I need to see it explode.
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jimkane
Rep: 3,058
Posts: 33,089
New low for the move in the short aftermarket session. I love it.