ES 10-17-08


Here we go! Another rough beginning, followed by a strong afternoon?
short 2@ 945.50, so ill play atight stop at 949.00
in a trending environment they try to test at least one previous 30 minute low....which just took place...so IF they can keep it going then the 62.50 is still in play.....I'm just watching and no more trades for me today...good luck if your in it though
ill cover here
jeeze, it was at 942.00, filled me at 942.50. plus 3 there on both...up 15.50 now ...watching
well, it hit my 939 price proj. but 10 min. later than expected! 5 min. still not oversold enough for me to scalp buy tho.
that push just gave me buy signals on 1 ,5 , and 15 min charts
quote:
Originally posted by BruceM

Joe, when you see high a high volume thrust on a one minute can you see with Market Delta whether the buyers or the sellers did more volume and would that information help with the short term direction.... ? when you have time please



What you see on market delta is inside the bars i.e. if you watch 1 min what you will see is 4567 bought @ the ask and 9870 sold @ the bid. The difference is a negative 5303. and it adds these figures together all day long sometimes reaching -100k ++ on strong down days. You also see a lot of folks selling at the bottom and buying at the top, a luxury you cannot really see in traditional volume bars.
I am long avg 937.34 and going by the 30min looks like its going to bust highier.
sigh.. tried to buy945.50 at 12:07, hit but no fill.
quote:
Originally posted by CharterJoe

Targeting 955




955= fulfilled

I think its going to 975 by 4pm
quote:
Originally posted by BruceM

how about a close above a weekly pivot...at least give us that Mr. Market.....944 is that number



Bruce you must be correct its Mr./Miss. Market