ES- 09-26-08


  • 0
  • koolblue
  • 26-Sep-2008 at 9:29 AM
  • Rep: 48.6k
  • Posts: 16k
Ugly open coming.I still believe a intermediate term bottom is forming the last several days. And i would still be very careful trading position trades or puts here.Remember there is strong support 1172-77.
  • 0
  • koolblue
  • 26-Sep-2008 at 11:32 AM
  • Rep: 48.6k
  • Posts: 16k
Hey, Pop, that was an excellant call u made on the gap fill by 11! Note the 10:50 cycle peak i called for was from the 5 min. chart. That means the 5 min 10:50 bar.Off BY ONLY ONE BAR! The 1 min. chart had it at 10:57 and it hit at 10:56. Amazing.Take note i tried a long in this area(against the cycle cause my 5 min. stoch had plenty of upside left and was stopped out!(paid the price)LOL
  • 0
  • CharterJoe
  • 26-Sep-2008 at 11:49 AM
  • Rep: 4,475
  • Posts: 2,352
Looks like the pop fizzled stopped out -4points, I am short again at 1196.75. Ticks look like there going to break down.
  • 0
  • koolblue
  • 26-Sep-2008 at 12:03 PM
  • Rep: 48.6k
  • Posts: 16k
back from lunch... Yeah Joe. sideways action from 11:40 due the boyz hanging around the 5 min. avg at 1196. the boyz in the pits are afraid to go too far either way right now till the get more clues bout a bailout today or the weekend.
  • 0
  • Margie
  • 26-Sep-2008 at 12:05 PM
  • Rep: 94
  • Posts: 364
Kool, could it be a large cycle starting on the 15 minute that hasn't finished yet?
  • 0
  • koolblue
  • 26-Sep-2008 at 12:06 PM
  • Rep: 48.6k
  • Posts: 16k
buying a scalp at 1183.50
  • 0
  • koolblue
  • 26-Sep-2008 at 12:07 PM
  • Rep: 48.6k
  • Posts: 16k
long one at 83.5(hit as i was typing!)lookin for 1186.00
  • 0
  • koolblue
  • 26-Sep-2008 at 12:08 PM
  • Rep: 48.6k
  • Posts: 16k
out at 1186(the avg again!)..up 6 today
  • 0
  • koolblue
  • 26-Sep-2008 at 12:12 PM
  • Rep: 48.6k
  • Posts: 16k
Joe , fairly decent low might hit around 12:45 , give or take
  • 0
  • koolblue
  • 26-Sep-2008 at 12:18 PM
  • Rep: 48.6k
  • Posts: 16k
Margie, its possible, overall this market wants to go higher, but it wont till a bailout deal is done(hence the sideways action around the avg.(1196)
  • 0
  • koolblue
  • 26-Sep-2008 at 12:25 PM
  • Rep: 48.6k
  • Posts: 16k
Margie, on the fifteen min. chart note the nice rounded upside down bowl forming from the 8:45 bar? those are the ones i love the best! it could finish on the 12:30to 12:45 bar or so.If so, could be a decent rally comming
  • 0
  • popstocks
  • 26-Sep-2008 at 3:47 PM
  • Rep: 100
  • Posts: 358
Wow what an end to the day!

Joe, you are welcome & thank you for sharing your knowledge here.
Emini Day Trading / Daily Notes / Forecast / Economic Events / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Mortgage Calculator / Donate

Copyright © 2004-2023, MyPivots. All rights reserved.