@snowman80, @Handle123 make some great points. I'm a visual guy, so charts can say a lot. Today, they tried to buy the rumor, then sold the news:...
any time I share futures charts, please know I never hold overnight. profits are taken at 580%-690% volatility expansion zones with tightly...
Two more nice accumulation zones - vavoom: [IMG] Have a good weekend all!
the blue line (in honor of NYPD Blue) is yesterday's NY session close - currently it's a rotational wide vol balancing zone around yesterday's...
Very nice rocket fuel from London session and NY premarket lows: [IMG] we can see once she hits the edge of the volatility range threshold, it...
Nice longs today on Russell, I continue to like the way it behaves better than ES: [IMG] ES similar, but not as clean: [IMG]
you may get your 2600 - key multiframe level, if they can keep it above 257750 battle level: [IMG]
truth be told, regardless of what the charts are telling me, I hope anyone who is long from lows ends the day green. it won't be me - I truly am...
hopefully he sold 2, bot 1
couldn't resist - nice 2-way action with selling from prior resistance and bullish attempts from fresh lows. 2 more shorts, 1 more long which ran...
I will quote a famous trader from prior years: 'trade it, don't date it' ;)
see what I mean with RTY? Requires ironclad rules, but has been trading cleaner than ES lately: [IMG]
nice elevator shaft down to see what's below yest NY close, followed by retail stop cleanser and u-turn long. nice round trip - done for the day....
ah there we go - they clean retail stops out below 2580 psychological level, then North to Alaska... New shorts need ES to break below 2575s...
Although ES has been annoying in its PA lately, same concepts apply. Might as well use price action BELOW key prior S/R levels to wait for the...
I been finding Russell to behave nicely lately. We'll see if she can tag yest pit close and if so, how she responds: [IMG]
Everyone needs to keep an eye on these levels: http://www.cmegroup.com/trading/equity-index/price-limit-guide.html
Longs, be extremely careful, this is like 2008 again - markets may not necessarily stay open... It may take 3-6 months for this thing to recover.
Truly amazing stuff folks - Fridays are never the bottom - Dow futures down nearly 1000 - we have been waiting for trading like this...
Best case scenario, this smells like Feb 2007: [IMG] Worst case scenario: We just saw the highs for awhile - they gap down during globex tonight,...
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