Er2 Market Calls & Commentary

Nice little test of 725.6 today - trying hard to bounce !!

BTW Lolo do you use other indices for confirmation... I find the correlation of signals in NQ work particularly well with ER2 :D
 
Quote from jessop:

Nice little test of 725.6 today - trying hard to bounce !!

BTW Lolo do you use other indices for confirmation... I find the correlation of signals in NQ work particularly well with ER2 :D
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I use the NQ & the ES for confirmation as well
 
Quote from lolo24ca:

well well .......I don't see the er2 going back up before hitting the 720.00-725.00 range. :p ..WOW
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Well 725 is holding up so far ...... no idea if it will tomorrow but it was well tested today.
 

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Quote from jessop:

Well 725 is holding up so far ...... no idea if it will tomorrow but it was well tested today.
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It's normally not a good sign when the market closes at or near the low of the day.
 
Quote from lolo24ca:

the er2 closed a tick below the monthly S2( 725.9)..but unfortunately, it will go 720 before heading back. check chart below
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also if you check you 30min chart, you'll see a "bearish" penant, signaling more selling ( check chart). So i'll be focusing my trades on the short side tomorrow. here are my calls

Short : 724.8

target1: 720.0
tagert2: near 712.10

In case of a bullish rally

Long : 726.8
target: 730.2

long: 736.00
target: 741.70

good luck and good trading to you all

:p
 

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Quote from lolo24ca:

..but unfortunately, it will go 720 before heading back. check chart below [/B]
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The Bulls are better be awake by monday.

IF the 715 level is broken, I thinks the bears will bring the ER2 back to the stone-age. :D


no trading for me tomorrow, so have a great weekend everybody....will be back sunday with my calls for monday.... take care :)
 
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