ES Short Term Trading 5/5/10


  • 3
  • MonkeyMeat
  • 4-May-2010 at 10:43 PM
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Have adjusted PASR lines that I see for potential support and/or resistance in Red with Magenta as "semi-significant" ... the Cyan dashed lines are the Weekly Pivot levels on the 30m chart that shows 24 hour trading with the gray background areas being overnight trading. Hope they're helpful as a map for Wednesday's trading.

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es 30m sr for 5510
  • 1
  • phileo
  • 5-May-2010 at 11:29 AM
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Click image for original size
may5intraday


I see -ve TICKs producing higher lows. Therefore, for now buyers in control, unless we break below VWAP again.
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  • koolblue
  • 5-May-2010 at 11:34 AM
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Bruce ,great call on the 1165 area!
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  • BruceM
  • 5-May-2010 at 11:48 AM
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nq still below it's peak volume from yesterday...it will be interesting to see what happens if it prints up there on this push


I'm on baby patrol so I'm not taking trades here
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  • TraderF
  • 5-May-2010 at 11:50 AM
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crazy crazy crazy. wow. market is strange!
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  • PAUL9
  • 5-May-2010 at 11:51 AM
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I have 71.75 for last (closing trade, unadjusted for any special settlement junk), does anyone else hove something different for yesterday's 4:15 close?

thus, gap is filled.
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  • BruceM
  • 5-May-2010 at 11:54 AM
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agree Paul...Nq hits it's volume on that gap fill with 1200 plus $ticks...
Originally posted by PAUL9

I have 71.75 for last (closing trade, unadjusted for any special settlement junk), does anyone else hove something different for yesterday's 4:15 close?

thus, gap is filled.
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  • PAUL9
  • 5-May-2010 at 11:57 AM
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Bruce, even though you ref NQ, the $TICK you are refernecing is NYSE?

I haven't done any studies on gap fills for the NQ,

today, I notice that NQ has not filled yet (4:15 close I have is 1969.75 for NQ)
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  • BruceM
  • 5-May-2010 at 11:58 AM
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cool day..they're gonna get that 75 - 77 we wanted so much YD
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  • TraderF
  • 5-May-2010 at 12:06 PM
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i'm out. this is actually an interesting point. side lines until it's clear. but i think i'm done for the day anyways.

great calls everyone!
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  • ak1
  • 5-May-2010 at 12:07 PM
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1168 has 1 tick air
  • 1
  • BruceM
  • 6-May-2010 at 6:56 AM
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you got a bad attitude man ! Call it what you like!!
Originally posted by ak1

Originally posted by BruceM

can you get us a visual on your air concept..I don't see it....perhaps we need to call it AK1 air so we don't confuse folks...
Originally posted by ak1

Air at 1163



I like the name. Thanks. I can't give the visual as you need to watch a 30 min chart to catch it. It occures at the high and low of a recent 30 min candle. When we hit these levels we must go back 2 ticks. If we do not then we have air. I usually let this run for 4 points and then enter hoping to fill the air.
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