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short from 843-843.50 looking for 839.50-840 for first target stop1 tick above the highs... most likely a bounce here at 841.20-.30 if your a scalper

Yep its classic if we hold here were getting to 1523 by today/tomorrow and then a move up to 1538

looking at 842-843 for a possible short as well on er2 for a 20 point decline or so

Thats where I am looking to load up as well 1500-1502 for another 50-100 point rise

Great stuff mbusch.... I took that long with ya into the close at 1526.50 but I am getting out almost all of it here at 1530. I use to use pnf charts a lot but eventually got rid of them to narrow down the workload, but they are very valid. I thought I was the only one using them as well...

Market tried to hold the first resistance for most of the morning. Finally broke out above and then tested it on the downside where role reversal played a key role again and led it to new highs. It then hit second R perfectly and ran into a brick wall. Late in the day formed a DT right in...

Getting real close to the zone.... 4pts to go. This is a trade like feb27th where the bottom just drops.... except the downside will most likely be limited to 30 pts. Of course there will probably be a day or 2 of consolidation for the smart money to sell at the highs and train the fresh meat...

ES just hit the next R zone perfectly and is consolidating. A nice place to take SOME profits here and trail your stops up a bit.

I said to take a piece off, not the whole position. All it is retesting a low..... watch and learn

Anyone long the er2.... wow

stopped out these bulls cant be stopped. Not looking for shorts until 1537-1538

Alright... here are the levels for the day and the coming week. Monday following option expiry typically range reduction day. Market has probabilities of moving lower from R1 or R2 for a move of 30pts+. Still short from 1527-1527.50 We hit the zone right into the close on friday that...

I dont want to argue or anything, I am just going to respond on a few things I have mentioned in the past that coincide with why I trade countertrend at times. If you didn't notice both countertrend trades moved over 5pts in the money within 15 minutes, I was just going for a larger profit...

We have direct contact with the zone 1527.50-1528... Stop is in... calling it a week. Next week is pivotal.. should be interesting.

takign some off here at 1526 for small profit they should have held the left shoulder.

Very powerful CF.. Is definately incorporated into my trading plan. Your leaking too much info :)

1529.25 is where my stop is at. If I get knocked out odds are a move up to 1538-1540 for the ulimate top...

Been on fire lately.... Have taken a few small losses today though. Thats why I always reduce size on option expiry. Looking nice so far. There will be be a bounce and most likely a retest today if not next week, no doubt about it. Just going to hold through it. You notice the...

cf=confirming facors This market is being manipulated to the upside today by the insti's.... Will be very interesting to see what happens next week