Looking iffy to short here, cancelled offer. Fifteen point range so far today...
Offering 99.50 with a three point stop, five point target.
Seeing that now...:p Who among us has the cajones to short the pullback to S2?? Looking ripe for a reversal to the upside here.
So in hindsight, the bounce off of S2 and retrace to S1 was our cue to get short.
Crude inventories way up.... :confused:
Looks like it's gonna be a long day for longs...:eek:
Good stuff, EON. Thanks for sharing. :cool:
I usually use the RTH also, but found it noteworthy that 99.75 proved to be the first support level. I am offering 06 to get short. :)
Using the ETH OHLC rather than RTH, I get 1299.75 as S1. ES just bounced at 1299.75...:cool:
Shhh, someone might hear you...LOL!! :D
Nice bounce off of 02, but I am avoiding longs as we are below PP/S1. I will short a retrace to the 07-08 area.
Covered 06, +2. Just a quick news play...tried to get filled at 10 but got away from me.
Short @ 08.
Also, we have the Chicago PMI due at 9:45. Remember, this is the report that gets released three minutes early to "subscribers". Watching the...
Morning, all. Looks like the unemployment numbers this morning really put a damper on the market. Should be a fun day...:cool:
Stopped out on the rest at 12.25, B/E while I was out to lunch. Higher lows and higher highs looking like some upward action could be in store...
Thanks dude. :)
Looks like sideways for awhile. The 15 level seems to be "sticky". I still see potential to reach the 20 level, that's 50% from last ETH high...
Covered 1/2 at 16.25, +4. Stop to B/E on other 1/2, looking for 19-20 area.
Long ES @ 12.25, Stop 09.25, T1 18.75.
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