Is that a chart of the resting inventory below the current trading area?
On vacation enjoying the good life :D He hasnt missed much so far this morning.
Todays action was very nice. I still want to see if we can take out 900, consolidate for a little, and then break 875. Keeping fingers crossed!
If we test the lows and do not get a long inventory build up...we can crash right? i want sub 400s :eek:
Yup...was looking at 952s of the new contract but was trading the old. had that resting supply at 952 slow down the upmove...volume dried up and...
I had the help of the IOAMT chatroom which you guys were talking about earlier. Buying was lethargic above 950 coupled with some resting...
I got my 20 pt fills this morning...sold the 54s yesterday!!! Next week the rug will go up in flames!
It looks like another failed probe to the high of the range. The short holders didnt bail though. :D
Sorry...let me be more specific. The spread from old futures contract and new futures contract. The new futures contract just started trading...
I know i have asked this before but I wanted to make sure. Is the spread the largest at the beginning of rollover or towards expiration date?
can you post a picture?
Enjoy...today is BOOOOOOOOTIFUL.
So they creep it up on low volume so they can hammer it with lots of volume during RTH....distribution day? Probe to the 5 day unfair...
Lets get another outside day down on increasing volume.....pleaseeeeee:D :D Bill was buying the whole way down this morning...made for some...
The last pane is $tick which some experineced traders find useful........ I am still working on what to look for :D
Thanks for the reply. I have read it numerous times and I'm sure it will make more sense with time.
Here you go bud. http://www.charthub.com/images/2009/06/09/esvol.png
Cool....we tested the 45 yesterday afternoon and this morning. Lets auction down to the other side of the range and see what the bulls are made of.
Your charts look a lot different than mine...specifically the 14k bid hit at 944.75. I also have dtn...strange?...
And you have the ability to pick the wonderous screamers.....too funny!
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