Here are your ES numbers for the day
Started by
GOOSE2
, Aug 01 2007 10:03 AM
7 replies to this topic
#1
Posted 01 August 2007 - 10:03 AM
1478-9
1458-60
1436-8
the 58 area is the EOD number.........bullish on a close above, bearish on a close below. You will see a ton of chop there thats the battle ground for the bulls/bears. Normally I don't post all three numbers, but on a day like to day we might see them all before the day is out. I also have 52 and 50, fwiw
#2
Posted 01 August 2007 - 10:10 AM
fyi SPY intraday minor horizontal R zone from 15 min
145.13 to 145.26
fyi SPY intraday minor horizontal R zone from 15 min
145.13 to 145.26
intraday d/t line resides nearby as well
#3
Posted 01 August 2007 - 10:13 AM
ER2 did made a higher low on this last sell off while es made a slightly lower low, since er2 has been the weakest of the two this is showing a positive divergence, a good rally should be coming now.
"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
http://marketvisions.blogspot.com/
"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
Posted 01 August 2007 - 10:18 AM
and I'm long at 53.25
on the SPY I have 149.81 (with a slight slope downward).
The bulls would like a move above that, then a hook back there and a push higher.
#5
Posted 01 August 2007 - 10:30 AM
I am not even seeing today's intraday SPY d/t line broken to the upside yet..
is it logical to be buying instead of shorting bounces under such circumstances?
to each his own..just my 2C
#6
Posted 01 August 2007 - 10:31 AM
still looks bearish
The bulls would like to see "rounding" action after an advance, then a quick drop followed by an advance higher. So far all the moves are very "sharp".
Look at the 1 min chart yesterday between 10:15 and 12 noon. See the "rounding" after the advance?
Send a check paybale to DaGoose to...........ha ha ha
Good luck thats all I'll post today, I'll watch her a little now, I took 3p on that trade.
#7
Posted 01 August 2007 - 10:45 AM
I am not even seeing today's intraday SPY d/t line broken to the upside yet..
is it logical to be buying instead of shorting bounces under such circumstances?
to each his own..just my 2C
Hiker...........remember my stuff is pure daytrading. The market trades "station to station". I don't care what she did yesterday or last week. I trade price (support and resistence). I trade 50-100 minis and try to net my 2-3 pts a day on average and call it a day. Head out to hit some golf balls or fish. Life is too short to sit here at the PC for hours at a time.
Good luck.
#8
Posted 01 August 2007 - 11:03 AM
there is your "rounding" action........let's see if she can rally off that
took another 2.5p there......and I'm off to Home Depot to buy some stuff for a deck I'm building.
see y'all tomorrow, maybe I should start one of those internet sites for ES daytraders, ha
there is your "rounding" action........let's see if she can rally off that
took another 2.5p there......and I'm off to Home Depot to buy some stuff for a deck I'm building.
see y'all tomorrow, maybe I should start one of those internet sites for ES daytraders, ha