usually markets cascade out of the channel, some important levels to be aware of. The 1226 region on cash is support. 1180 is the next significant support. short ###, 1228 stop 1238.... buy stop 1241...
notice MM can dictate ladders. Market makers can use volume on both sides to move the ladder to any level they choose.
trendline long signal in ES 240tick <a href="http://content.screencast.com/media/ac256f8f-e485-4306-aff3-50b20a34ae89_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-084211.jpg"><img src="http://content.screencast.com/media/ac256f8f-e485-4306-aff3-50b20a34ae89_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-084211.jpg" width="1891" height="1051" border="0" /></a>
MA secondary signal..confirming buy <a href="http://content.screencast.com/media/19bc5b56-2ee2-4c39-9a59-bc4f60dc020a_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-090054.jpg"><img src="http://content.screencast.com/media/19bc5b56-2ee2-4c39-9a59-bc4f60dc020a_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-090054.jpg" width="1893" height="1047" border="0" /></a> notice trendlines give the first signal, and MA's confirm or not.
tertiary trendlines break as the intratick trend confirms itself. <a href="http://content.screencast.com/media/4db3b479-becc-4880-80e5-5fc28816d1d6_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-091525.jpg"><img src="http://content.screencast.com/media/4db3b479-becc-4880-80e5-5fc28816d1d6_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-091525.jpg" width="1889" height="1051" border="0" /></a>
trailing stop moved to red line... notice intact healthy trends keep violating lines in the correct direction. <a href="http://content.screencast.com/media/f715770e-f0a8-4c4f-9873-06b993a5c370_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-092748.jpg"><img src="http://content.screencast.com/media/f715770e-f0a8-4c4f-9873-06b993a5c370_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-092748.jpg" width="1886" height="1046" border="0" /></a>
<a href="http://content.screencast.com/media/d4471ae5-2c95-4c02-9caa-be24bcb4eebd_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-114511.jpg"><img src="http://content.screencast.com/media/d4471ae5-2c95-4c02-9caa-be24bcb4eebd_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-114511.jpg" width="1895" height="1027" border="0" /></a>
<a href="http://content.screencast.com/media/0fa07ca9-8965-41bb-9b83-50ca68c7b3cf_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160457.jpg"><img src="http://content.screencast.com/media/0fa07ca9-8965-41bb-9b83-50ca68c7b3cf_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160457.jpg" width="989" height="630" border="0" /></a> <a href="http://content.screencast.com/media/c94f4dc1-d9d0-43a2-a88c-35dab22aab36_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160725.jpg"><img src="http://content.screencast.com/media/c94f4dc1-d9d0-43a2-a88c-35dab22aab36_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160725.jpg" width="1228" height="1015" border="0" /></a> trade together.. most sessions.