AlphaTick's ES Market Map

Discussion in 'Journals' started by AlphaTick, Jun 11, 2009.

  1. AlphaTick

    AlphaTick

    This thread will contain my daily commentary on the US index futures. There will be a pre NYSE open post detailing the outlook and levels for the day ahead. An update around mid day and then a post after close. Hope this will be useful to members
     
  2. AlphaTick

    AlphaTick

    Bias: Bullish
    Optimal Buy Zone: 935 or below
    Optimal Profit Zone: 948 or above
    Proven wrong: 928 or below

    Expected Range: 933 - 955

    Comment: I expect an up day in ES. Keep an eye on outlier reading on the Michigan Sentiment at 9:55 ET. Next update mid day ET.
     
  3. AlphaTick

    AlphaTick

    Note: All levels mentioned pertain to front month most active ES contract unless otherwise stated.
     
  4. AlphaTick

    AlphaTick

    ESU entered our optimal buy zone (935) for the day but did not go below the stop point (928) as outlined in the morning report. I still maintain the bias (bullish) from the morning report for the rest of the day and expect ESU (currently at 935.75) to see levels above 940 before the close.