Stop/reversal numbers...
VST = 1384
ST = 1399
IT = 1421
LT = 1309
Price action is bullish above/bearish below those lines.
1384 is key this morning.
ES
Started by
swinger
, May 09 2008 08:12 AM
5 replies to this topic
#2
eminimee
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I don't care who's fur is flying...
Posted 09 May 2008 - 08:20 AM
I mentioned 1380 spx this morning..it's actually 1382...which falls in line with your 84ES fwiw
Edited by Teaparty, 09 May 2008 - 08:20 AM.
#3
diogenes227
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Member
Posted 09 May 2008 - 08:22 AM
Thanks for the post.
Do you do any similar work with the Nasdaq Composite or the NDX?
Best wishes.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#4
zman
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Member
Posted 09 May 2008 - 08:27 AM
Stop/reversal numbers...
VST = 1384
ST = 1399
IT = 1421
LT = 1309
Price action is bullish above/bearish below those lines.
1384 is key this morning.
Thanks swinger!
Education is the best defense against the media.
#5
swinger
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Member
Posted 09 May 2008 - 08:58 AM
Thanks for the post.
Do you do any similar work with the Nasdaq Composite or the NDX?
Best wishes.
I prefer futures to cash on the indexes--so NQ (NASDAQ 100 Futures) is what I track.
NQ stop/reverse lines...
VST = 1954
ST = 1909
IT = 1909
LT = 1909
1954 is to NQ what 1384 is to ES today.
#6
diogenes227
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Member
Posted 09 May 2008 - 10:18 AM
Thanks. 
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
