Here are before the market open areas, watch for them If market trades hits these areas go shrt or long accordingly from the pullback. 1) Russell : Watch for resistance at 640.50 area and support as 34.70 and second major support at 31.50. If market trades hits these areas go shrt or long accordingly from the pullback. 2) Try LONG on TY 108'08.00 3) Intraday bases, EURUSD looks good with resistance on 1.2081 ad then major resistnce at 1.2105 area, expect a pullback to the resitance and then watch it fall from those levels as the bigger picture still is saying its opting for SHORTS. 4) Currency futures look weak too. EC has a resistance 1.2105
Good Morning So all the levels which I posted last night did work well except for TY. Saying TY bad because I didnt take that trade earlier this morning, misssed it, although the level did held strong, pullback and bounced off. Thats not bad.
Ty and Bonds opting for LONGS and can be enetrerd from Pullback. Theya re still chopping but I am hoping the lull period will be over soon and it will breakdown one way or another soon. EC and BP are still shorts and are valid SHORTS on pullback JY seeems like a SHORT to with a pullback of few ticks needed to to enter before we see it plunging down. AD is also SHORT from 0.7480 so watch for it. Gold has been Short all day too and still its weak.
There you go. Hope ppl made money on TY and Bonds. Perfect. EC is on a pullback lets see how it goes, BP, gave the pullback and dropped down as a winner. JY, still in that trade, and looks strong, lets see. Almost close to getting stopped out. AD gave us the entry from the last call and gave us 10 ticks winner. GOOD! Those Who wanna SHORT Gold can do it from current levels. EURUSD is enjoying its bigger picture SHORT still and is looking weak still.
EC gave 10 ticks winner. TY and Bonds missed the entries by one tick for me and flew rite past over it . Will give new levels. Am getting busy with Russell. JY also finally gave a winner. Came few ticks close to my stop and then headed down.