Using the SPX cash numbers I have R1 at 82. Also, 6/4 ES high was 81.50.
You got IFS..."Itchy Finger Syndrome"!! :D
Okay, gotcha. Things will get busy at 10:00. Looking like maybe "some" already know the PMI number, and are buying the rumor...:eek:
Thanks, man. :cool: What are you seeing to put you on the short side?
Gap filled from cash close at 76, could be sticky at this level ahead of PMI number at 10:00. http://www.forexfactory.com/
Covered half at 76, +4. Stop to BE, holding rest for 82.
First target @ 76.
Long ES @ 72.
I have the Pivot for the next session at 72.25. Expecting an overnight push to R1 at 82, with a possible retrace to S1 at 63.25. See you all in...
Thanks guys, trying hard to focus on trading what I see. :)
For anyone thinking about getting short, 75 looks like a good area:
Covered other half at 71.75, +8. Reversal appears imminent here. Great call on the 70 level, LF. Will consider modifying my S/R calcs to use...
No, your levels are spot on. I see 70 as being significant as well. I am going to hold a bit longer, and cover on the first green candle on the...
Nice work, Ammo!! :)
I get 71.75 as a 50% level from the ETH low at 62 to the RTH high of 81.50. Could be a reversal area...
Oh, okay. I am only using the ES numbers. Seems like yours are more accurate. :)
I use the Classic formula (H+L+C)/3 to get the PP. I have H/1292.75, L/73.50, C/76.25 (16:00). Using these numbers I get 80.75 as the PP....
Covered half at 74.50, +5.25. Stop @ B/E on other half, target 68.
Will prob reduce around that level, and let the other half ride.
I entered off an anticipated reversal at the PP, with S1 as my target.
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