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MarcinO
Rep: 67
Posts: 5,506
The ES stopped at 2007 doing a great job hitting stop loss orders.
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es 2016 03 06 png


A stronger resistance is between 32 and 44, I guess.
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es 2016 03 06 2 png


But before that, I would suppose a correction to low 70s.
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es 2016 03 06 3 png
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MarcinO
Rep: 67
Posts: 5,506
Price flow at 79-80 works as a strong support.
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jimkane
Rep: 3,058
Posts: 33,089
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
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jimkane
Rep: 3,058
Posts: 33,089
So, the question is, the eternal question, are they chopping on it as a last effort before it gives way, or are they building a base to explode off of after they fail to take it under?


Originally posted by MarcinO

Price flow at 79-80 works as a strong support.
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jimkane
Rep: 3,058
Posts: 33,089
I am hoping the odds are 65/35 or 70/30 for taking it under.
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jimkane
Rep: 3,058
Posts: 33,089
But I suspect it's going up...
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jimkane
Rep: 3,058
Posts: 33,089
Just do it already. Geez.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, it got below the overnight low, but not to the TL. Is that all they can do?
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jimkane
Rep: 3,058
Posts: 33,089
At least game the TL or something.
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jimkane
Rep: 3,058
Posts: 33,089
Yaaaaaaaaaaaay, TL approached. What the heck do ya know. So, they game them by jumping up before the TL?
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MarcinO
Rep: 67
Posts: 5,506
Pound is creeping deeper into the zone.
Yesterday it was reasonable to try short at the end of the session and todayit will reverse later creatiing opportunity for going long?
RA
rat89
Rep: 0
Posts: 7,015
they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy


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screen shot 2016 03 11 at 6 43 34 pm png

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screen shot 2016 03 11 at 6 43 46 pm png