1560-1562 support
fwiw
The 1575- 1575.50 area should contain any advance today
Started by
GOOSE2
, Jul 30 2007 09:31 AM
14 replies to this topic
#2
arbman
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Posted 30 July 2007 - 09:57 AM
futures or cash? 10 points higher would not be bad for the day... It looks like things are slowing down a bit bearing another mini-dive in the afternoon or tomorrow.
#3
Russ
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Posted 30 July 2007 - 10:19 AM
Goose2 trades ES and his numbers are for ES.
Looks like a sideways kind of day building a base for the next rally phase over the next few weeks.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
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"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
GOOSE2
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Posted 30 July 2007 - 10:21 AM
futures or cash? 10 points higher would not be bad for the day... It looks like things are slowing down a bit bearing another mini-dive in the afternoon or tomorrow.
sorry, ES
All of my stuff is ES and pure daytrading. I never ever hold overnight. We have a higher low and now a retest.......she might get moving soon. I'm not trading today, btw. Da boys will whip the snot out of you on days like today. I'm enjoying just watching.
#5
redfoliage2
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Posted 30 July 2007 - 10:23 AM
I see market is trying to make a bottom here and it may be able to do so with the help from PPT.Goose2 trades ES and his numbers are for ES.
Looks like a sideways kind of day building a base for the next rally phase over the next few weeks.
#6
GOOSE2
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Posted 30 July 2007 - 10:32 AM
The Globex low is my other very important support area, currently that comes in at 55ish. I would toss a couple in there if we got down there again.
So in a nutshell you have todays high then 75.5 then 77ish as resistence and 60 and 55 as support.
No reason to be bullish until you see a higher low, then a higher high.
#7
GOOSE2
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Posted 30 July 2007 - 12:07 PM
The Globex low is my other very important support area, currently that comes in at 55ish. I would toss a couple in there if we got down there again.
So in a nutshell you have todays high then 75.5 then 77ish as resistence and 60 and 55 as support.
No reason to be bullish until you see a higher low, then a higher high.
....and 60 holds and they rally. God, I love this "zero-sum" game.
#8
NAV
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Posted 30 July 2007 - 12:24 PM
The Globex low is my other very important support area, currently that comes in at 55ish. I would toss a couple in there if we got down there again.
So in a nutshell you have todays high then 75.5 then 77ish as resistence and 60 and 55 as support.
No reason to be bullish until you see a higher low, then a higher high.
....and 60 holds and they rally. God, I love this "zero-sum" game.
Edited by NAV, 30 July 2007 - 12:25 PM.
#9
GOOSE2
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Posted 30 July 2007 - 01:01 PM
Bears have trouble if we close above ES 1475.
#10
SemiBizz
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Posted 30 July 2007 - 01:07 PM
Posted This Yesterday:
been looking at SP futures charts.. here's what it is: 1478-85 test...over 1495 - odds are high for 1530 and give it up on lower high... Hourly 5 day SPOOS.
Price and Volume Forensics Specialist
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Volume is the only vote that matters... the ultimate sentiment poll.
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
