posted 9.18 a.m. est Pre-open comment Monday 6th December Thursday’s green-at-top high was exceeded on Friday as ES closed strong for the week. This pattern of relative weakness early in the week and relative strength late in the week is usually bullish. I marked one instance of Significant Buying last week and no Significant Selling. […]
Archives for December 2010
S&P 500 emini pre-open Friday 3rd December
posted 9.28 a.m. est Pre-open comment Friday 3rd December Aggressive Buying (green-at-top) was marked on Thursday. That’s the first Significant Buying marked since 3rd November and means that short trades are eliminated for me until Significant Selling is marked again. Green-at-top highs are usually (80% of the time) tested within a day or two. The […]
S&P 500 emini pre-open Thursday 2nd December
posted 9.29 a.m. est Pre-open comment Thursday 2nd December ES gapped up on Wednesday (I hate gaps) above the 1/2R off November high (dashed) and held through the session. This puts ES in a stronger price location if it holds. Have still not marked Significant Buying activity. First Level Support 1/2R off November high, 1197.75 ST […]
webcast 1st December
webcast 1st December
S&P 500 emini pre-open Wednesday 1st December
posted 9.21 a.m. est Pre-open comment Wednesday 1st December Intraday support at 1178 early on Tuesday was looking positive for ES until late in the session saw a decline back to the same level. Pre-open today ES has probed as high as 1191.75 with the dollar a little weaker. Long trades are still eliminated for me […]