dang whats going on with the futures?

Quote from jedwards:

Down pretty heavy afterhours, -120 on the YM... but I don't remember reading anything out of the ordinary. Any clues on what's going on? Is it just reacting to the euro being at 1.23?

On another note, is anyone else predicting an overnight reversal due to the European markets, leading to a green open tomorrow morning?

Cramer and Kassz007 went long at the close.
 
Quote from MohdSalleh:

Is lescor going to make 100k again today

Nope. This is not the same setup as the big gap down last week. I was much more nervous about this one and don't trust it. Played a lot more conservatively.
 
Quote from ChkitOut:

was the 1046.75 target a keltner band or something?

I had an extremely powerful and complex technical reason for targeting that level. Back in early Feb's strong pullback, I was watching ES sell off hard and it found amazing support in the 1040's. I couldn't remember exactly if it was 1046 or 1042, so I placed my target a few ticks above 1046 figuring that would be a decent enough profit.

To put it in plain English, it was a support level based on the "I guess I'm getting old because my awesome memory is failing me and I can't figure out how to get an accurate long-term daily chart of ES up on QuoteTracker" strategy :p
 
Quote from NoDoji:

I had an extremely powerful and complex technical reason for targeting that level. Back in early Feb's strong pullback, I was watching ES sell off hard and it found amazing support in the 1040's. I couldn't remember exactly if it was 1046 or 1042, so I placed my target a few ticks above 1046 figuring that would be a decent enough profit.

To put it in plain English, it was a support level based on the "I guess I'm getting old because my awesome memory is failing me and I can't figure out how to get an accurate long-term daily chart of ES up on QuoteTracker" strategy :p

According to TOS data, low of the feb5 daily bar was 1040.75, just a few points from todays low.
 
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