ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Let's play measured move on the March contract (not overnight, just 9:30 to 4:15):

Gap at 1001 (November 4), move down to 739. That's 262 points.

Move from 739 to 942.75 is 203.75.

Recent swing low is 797.50. 797.50 plus 203.75 is 1001.25.

Is S&P 1000 resistance this generation's Dow 1000?
 
Quote from smilingsynic:

Let's play measured move on the March contract (not overnight, just 9:30 to 4:15):

Gap at 1001 (November 4), move down to 739. That's 262 points.

Move from 739 to 942.75 is 203.75.

Recent swing low is 797.50. 797.50 plus 203.75 is 1001.25.

Is S&P 1000 resistance this generation's Dow 1000?
More...

Could be, but I think it goes higher - maybe 1044
 

Attachments

Quote from volente_00:

DEMTDAYBOYZIZCOMINGFOYOSTOP
More...

One more gap above to fill in, but that could be it for this swing.

80 pt move is already 10% from the recent 800 area low.

That makes 880 and above the perfect resting zone, if not leading to a more significant sell off :D
 
Quote from Jahajee:

ammo:

I see several gaps, around what date? was it in December?
More...
haj i took your chart and circled the area on the bottom left corner
 
the prob with gettng in sync here is there are so many different markets mentioned, so many different approaches used, that for intraday guy to comment is like throwing ur idea into a blender. For me, it is simply intraday trading emini futures. Intraday means today...not yesterday and not tomorrow while today is live....in other words, real trading......not position /investing. Interday is not intraday. IMHO
 
so what about pivots...derived from yesterday......i don't us e them.......wat about news? don't care,,,,except fomc for a few minutes.......what about times? after market opens don' t care.....good system filters most bad stuff and gives most good stuff
 
Status
Not open for further replies.
Back
Top