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Will we test the year to date high 1477.75 ?

Based on JSSPMK's conclusion (correct me if I'm wrong) the following is Porgie's strategy: http://www.puretick.com/video/prob/

Thanks for clarifying.

Could you please post a chart of an example? I'm not sure what you mean by higher closes & lower closes.

fyi 1st FLASH UPDATE S&P 500 & EMINI 01:38:09 PM EST Cancel all orders. It is too late in the day to take this trade.

OMINI S&P 500 & EMINI (ESM7) June 07 OMNI RESISTANCE = 1438.50-1439.50 MIT OMNI TURNS NEUTRAL IF ABOVE 1446.50 OMNI PROFIT OBJECTIVE = 1416.50 OR BE OUT BE THE CLOSE http://www.futurestraders.com/modules.php?name=Content

:D

Futures are leading this downturn and cash seems to be reluctant.

Here is another one: http://www.thepetitionsite.com/takeaction/371840291?ltl=1173733766

Do a search for "Real Unemployment Rate". For example: http://www.exilemm.com/e-sub-realunemployment.shtml http://www.slate.com/id/2094690/

Since the market is having a hard time breaking out of this trading range during RTHs it maybe up to the midnight crew to get this market moving again.:)

A major component that is often overlooked/not accounted for are the number of people who have simply given up/stop looking for a job.

It seems like price needs to retrace a bit (below 1409) before taking out the 1422 area.

http://www.trading-naked.com/Setups.htm

Porgie, Are you on the boss's computer again front running his orders?:D

This market is frustrating today (for scalping). I missed 6 good opportunities because of the speed and not getting fills.:mad: This must be what it feels like to trade the er2.:)

At what price will you say uncle?

Is it time yet?:D

CNBC is now blaming ETFs:eek:

Depending on who they blame you can bet we may see more regulations.:(