ES Key numbers for 3-14-11


Here are the key numbers from Fridays trade and a chart with the volume showing why they are key. On your own charts you can compare where your high volume is with price.

1300

1295

1288 - 1289
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frivolume



The upper zone not shown on the chart is up near 1308 just in case we rally in the O/N session on Sunday
I will not be fading the 95 IF we come back up to it now because todays volume bar is also on the low near the other volume of 88 - 89...that implies buyers to me so that would increase the odds for 1300 to print


trade back to 93.50 will stop cuurent short out....trying to get new rth lows
BINGO on my expected buy zone 1290.50-1291.00... now can they muster a rally?...
60 minute candle closing weak... waiting for to IB close and then see if the market can break the IB Low with a nice volume surge !
Originally posted by koolblue

BINGO on my expected buy zone 1290.50-1291.00... now can they muster a rally?...

Bruce, see those 5 min triples at 1298.75? from around 6:00 this morning? I bet the market does too!
one more try! stopped at 1289.00, 5 handles down total!.. re buy around 1287.25
i'm showing a possible 1282 today. not sure i would be a buyer. i am standing aside to see how all the news from japan plays out
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es 06 11 60 min 3142011
Long from 1287.25...
Low volume node at 1289.00 on the IB break
Originally posted by koolblue

Long from 1287.25...


Nicely done, they tested 87.00 three times and it held !
the prc bands and one min proj was 1287.25...
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1312
at least thats what seasonals hint at