YM Session Levels

DOW trade

Expect aggressive buying at 11600

 

If the YM holds below the 11607 area, then the 11550 area, next stop down for me 11450.

Still haven't seen any confirmation of a reversal back up yet, but it may happen. Staying alert as possible for a Friday.


On the ES trade if we build below 1285, then next stop is 1265 area.

Doubtful I am sure but I learned long ago not to have a bias on how much.

 

hey dtl.. i haven't followed your calls, but this particular one has been right on. Keep it up

 

I am out of both trades. Exited the ES @1285 after the YM target filled.

YM + 121

ES +9.5 points


I want to watch carefully here for a while

 

The YM hit the 11550 cycle level and I did not take it long. There is no buying vol that I can see. Maybe that was a good reason to take it, who knows. I am not taking any more trades today until I see some buying vol.

 

What Volume level for 1 minute do you use for your ES chart?
Thanks -----Russell

 

short 11608

target 11563

 

Out at 594

+14

 

Long 609

Target 671

 

added at 11563.

Long into close