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Test or Breakout?

Posted on August 7, 2009 Written by bobd

If anyone has any doubts about how tough trading is take a look at this 30minute chart of the SP500 emini over the last four days. Test or breakout? … [Continue reading]

S&P 500 emini pre-open Friday 7th August

Posted on August 7, 2009 Written by bobd

posted 9.29 a.m. est Pre-open Friday 7th August Slightly higher prices did bring a response from the Significant Sellers (red at top). That's the first time I've had to mark their activity for twenty one days. As yet this is not Effective … [Continue reading]

Intraday Update

Posted on August 6, 2009 Written by bobd

posted midday pre-open comment today>>ES didn’t quite test Tuesday’s day session high (1005) although it will very likely today. It is rare to see Aggressive Buying (green at top) marking the top of a significant move. ES did sell off early … [Continue reading]

S&P emini pre-open Thursday 6th August

Posted on August 6, 2009 Written by bobd

posted 9.30 a.m. est Pre-open Thursday 6th August ES didn't quite test Tuesday's day session high (1005) although it will very likely today. It is rare to see Aggressive Buying (green at top) marking the top of a significant move. ES did sell … [Continue reading]

S&P 500 emini pre-open Wednesday 5th August

Posted on August 5, 2009 Written by bobd

posted 9.29 a.m. Pre-open Wednesday 5th August As the stats suggested Monday's high was tested. We have the same expectation for today (Wednesday) because Significant Buyers were marked twice on Tuesday. Intraday oscillators are showing … [Continue reading]

S&P 500 emini pre-open Tuesday 4th August

Posted on August 4, 2009 Written by bobd

posted 5.50 a.m. est Pre-open Tuesday 8th August Monday's Value Area was higher, wider on reduced volume. I marked aggressive Buying (green at top). This normally indicates higher in the short term, i.e. 80% of the time the following day will … [Continue reading]

webcast 31st July

Posted on August 4, 2009 Written by bobd

webcast 31st July … [Continue reading]

S&P 500 emini pre-open Monday 3rd August

Posted on August 3, 2009 Written by bobd

posted 9.16 a.m. Pre-open Monday 3rd August Although the market is overbought by most measures (e.g. 85% of stocks in my Nyse list are above their 50day ma) it hasn't auctioned high enough to attract a response from the Significant Sellers. … [Continue reading]

S&P 500 emini pre-open Thursday 30th July

Posted on July 30, 2009 Written by bobd

posted 9.29 a.m. est Pre-open Thursday 30th July The HiLo range for this week so far is about half the 20wk average so the range is likely to expand. With Thursday hitting a new high for the week pre-open it looks like the direction of that … [Continue reading]

S&P 500 emini pre-open Wednesday 29th July

Posted on July 29, 2009 Written by bobd

posted 9.08 a.m. est Pre-open Wednesday 29th July Pre-open Tuesday I said that the First Level S/R had moved to 978 (dashed red line) and if ES opened below that price it could provide resistance. You can see from the chart that this level was … [Continue reading]