MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
The ES stopped at 2007 doing a great job hitting stop loss orders.
Click image for original size
es 2016 03 06 png


A stronger resistance is between 32 and 44, I guess.
Click image for original size
es 2016 03 06 2 png


But before that, I would suppose a correction to low 70s.
Click image for original size
es 2016 03 06 3 png
JI
jimkane
Rep: 3,058
Posts: 33,089
I'd actually be surprised if it went down any more from here, as this is the first key area. But, we'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Die, pig, die, you oinker!
JI
jimkane
Rep: 3,058
Posts: 33,089
That's it, keep surprising me.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'd like 83-84, but I'm just feeling the manipulators wanting to hit it. If it went great it would head to the 70's, as Marcin has been pointing out.
JI
jimkane
Rep: 3,058
Posts: 33,089
This .382 here may be more than it can handle. I hope not.
JI
jimkane
Rep: 3,058
Posts: 33,089
It definitely seems like it will bounce here. But, bounce and roll, or new highs for the move? If it can't bounce it here that would be a strong sign of weakness.
JI
jimkane
Rep: 3,058
Posts: 33,089
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
MA
MarcinO
Rep: 67
Posts: 5,506
ES is a crap today...
JI
jimkane
Rep: 3,058
Posts: 33,089
The thing that is funny about a day like today, and the machine action in general, is that this looks like the perfect rollover here from a key spot, but it will then get close to or at the low, and 'they' will come right it. Same old BS, time after time.
JI
jimkane
Rep: 3,058
Posts: 33,089
Here, here, I second that. But, despite the crap level of the price action, it is amazing how it did head up, and go right to the exact spot mentioned dead on. So, even with chop crap action, it is still behaving technically, which is amazing.


Originally posted by MarcinO

ES is a crap today...
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


Click image for original size
screen shot 2016 03 11 at 6 43 34 pm png

Click image for original size
screen shot 2016 03 11 at 6 43 46 pm png