Search results

It hit resistance... http://elitetrader.com/vb/showthread.php?s=&threadid=81945&perpage=6&pagenumber=2

Looking pretty good so far.. now up over 15 pts from entry. I just see a lot of resistance above these highs off daily and weekly projections.

Ok they got the stops... market vunerable for a good pullback here. Lets see if buyers step in.

Systems point upward but realize we are still in a weekly resistance zone. Any breakdown below 1435 will really hurt the bulls case... Volume is extremely low so be careful on the breakout until you see some volume confirmation. There are a ton of stops above and below the market here. You...

Did everyone go home for the day already.... where is the volume?

Out 75% here at 793 for a 5pt gain ES having trouble breaking out. I accidentaly clicked a dome last night when using my comp and went short 40 contracts last night on the min russ globex.... oh man I ate over 1,500 just in slippage trying to get out... so pissed I almost broke a monitor

EURUSD held at the projected support zone, in fact I got the low to the exact pip off a daily chart. If you look on the previous picture you can see my purple line of support coming in at 1.2865. That was the exact low for the following 8 trading days and the catalyst for a 179 pip rally so...

im with buy long the er from 788

pullback a bit more viscious then expected... this could be the buy of the year... it needs to get back above 1434-1435

next potential support for es at 1434-134.25 and major zone at 1432.75-1433.25

1437.50-1437.75 is the last resistance i have until around 1444. Make or break it time

A pattern that results in an explosive move, basically a wave 3.

In a way yes, but not of an Ewave. The ES has formed a bullish wedge, the corrections overlap the prior waves. But this wont be cofirmed until a move back above 1436-1437. The only contigency is that has also formed a bearish 12 12 which will come into effect with a break of 1425. That is...

If it can make it down to 1431 off this 1435 pivot high should see a decent bounce. Nice play to get long if you want to trade with the trend.

careful in this 1435-1436. critical zone for es and possible another leg down from here if there is not a sustained breakout above.

Support for grow comes in at 40.02-40.38 second level at 32.80-33.80. Buying at this point is countertrend so reducing trade size would be smart. Also instead of catching the knife could get long after confirmation from a reversal bar or wash out in the zone. The zones look like they are...

Mine comes in at 1421 but close enough. I hear what you are saying but any penetration of this level could result in a new bear move and the commencing of a lower level wave 3. I am still bearish until I see some confirmation of support holding here.

Sounds good, I just dont know you get filled on the ES... At times I would have an order that I placed during the night session. The next day it would sit there hammering my price for 5 minutes and I would never get filled. I know I had to be first on that queue. I finally switched when 3 out...

I always refer to the cash markets when analyzing for an ewave vs a wedge. I.E waves overlap eachother or not. I am not sure what you are seeing on the sp cash vs the es for today... They look the same to me. I would also agree about a breach of 1430.50 to begin a wave 3 move down. At this...

Got above the zone by a point or 2, but was expecting that due to the large amount of stops above the market in that area. Minimum projected target was 1432, which we got today. I love watching these moves unfold... amazes me everytime ..Here is the updated chart with the preceding days...