Any reason we're not going limit down again?

Discussion in 'Trading' started by Ticktaker, Oct 27, 2008.

  1. Don't know about you ES traders, but this market sure as hell looks like Thursday night/Friday morning all over again.
  2. Where is the most up to date view of the futures?
  3. ES -35.5
  4. Such a horrible pattern but ES 830 looks like a buy area for a swing long. Bottom of range this week imho.
  5. DOW down -251

  6. Mkt's coming back a little now. Does anyone know when the S&P limits down.
  7. Anyone think we will go back up sometime today after open?
  8. -60
  9. Looks like ES is finding support at 830, but I'm not sure it'll hold. Today's a Monday so if there's another big down day it's most likely today.

    Also today is the last Monday in October, so there is hope for a rally this afternoon or tomorrow to take us into November and the presidential election.

    That said, 775 is definitely a possibility for ES.
  10. Cheese


    This Monday is so far gap down when the previous close was also down. On the last 4 occasions of Mondays being gap down with the previous close down, the Close on the day has been between 20 to 165 points down on the Opening Price (9.30am YM).
    #10     Oct 27, 2008