ES Journal - 2013

[horton]

I don't use it much until after the Europe Close to assess areas and watch for algo. But here's what I have. Note the Held Bid right now at SPX 60.

 

[horton]

But Europe was buyer all the way up so hard to say if it holds after Europe Equity Close.

 

[ammo]

Quote from horton:

I don't use it much until after the Europe Close to assess areas and watch for algo. But here's what I have. Note the Held Bid right now at SPX 60.

thnks, can't read it,was hoping you would interpret it,frieind uses it, told me about it maybe 08,was going to subscribe but never did

 

[ammo]

uvol dvol trend day since 9 15 central

 

[horton]

Second bar from right shows absorption at ES 57.75 with over 11k contracts at the bid, much more than prior test and it held. But let's see if that is Europe buying into the close or US buying for move up after the Europe Close.

 

[ammo]

cash resting at that descending tl,breaks and we may hit that nip

 

[horton]

I'm not trading but this the sort of event that you can play for in terms of a quick move or scratch out if you see any issue. Europe just closed RTH.

 

[ammo]

i will have to read up on that mrkt delta

 

[horton]

So US was the buyer I think and now touch the NVPOC at ES 36.50 is logical scenario.

 

[horton]

Sorry ES 63.50.