futures flat ... all 3 major indices bumping into 10dma overhead

Discussion in 'Trading' started by gharghur2, Sep 27, 2005.

  1. Hey PP

    Yes agree!

    Especially with the Diamonds: lots of nasty downtrend lines.

    As for the COMPX, I think the next hurdle is the 2160's, then the 2180's. I recall on the way down some overhead resistance at 2162 (6 attempts), and then 2186 (3 attempts). See support at 2118 - 2121.

    What we really need, is to get those Crude pit guys to dump their longs and comeover to the S&P/COMPX pits....

    Best to your day
    tony
     
    #31     Sep 30, 2005
  2. The problem I have today is i do not know if ES will find support ar 1229 or resistance at 1233, because this morning is just in the middle and want to stay there.

    Although I traded stocks, Thursday was good to me and don't want to give back profits due to my lack of certainty, so I won't trade indices today, maybe stocks, but just maybe.

    Have a good day T.
    PP


    PS: for longer time frames I use to look at 1228-1235
     
    #32     Sep 30, 2005
  3. Hi PP,

    Wish I could help...maybe ask Apex Capitol...he tracks the S&Ps

    I'm just looking to add to my position on any sizeable pullback in the cubes.

    good luck!

    tony
     
    #33     Sep 30, 2005