ES numbers for 4-12-11


  • 4
  • BruceM
  • 11-Apr-2011 at 11:57 PM
  • Rep: 216k
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1326.75

1323.50 ****

1319.75



1310.50 - 1312.50 **** critical for O/N to hold this one..reports in early AM too !!


lets see what the O/N deals us///
  • 1
  • palmer
  • 12-Apr-2011 at 10:54 AM
  • Rep: 415
  • Posts: 675
trying 105.5 long
  • 2
  • apk781
  • 12-Apr-2011 at 11:04 AM
  • Rep: 4,392
  • Posts: 410
right down to the area i mentioned below...my 305.25 buy order was hit twice and not filled... oh well, i would be geting out at 307.5-8 had i gotten in

Originally posted by apk781

stopped on the 2nd half...if 308 is taken out i see 305-305.5 as possible next stop
  • 0
  • pt_emini
  • 12-Apr-2011 at 11:13 AM
  • Rep: 5,707
  • Posts: 1,941
Good call on that 5-5.50 zone apk

need to see some buyers come in here above 1307.00.
  • 0
  • palmer
  • 12-Apr-2011 at 11:17 AM
  • Rep: 415
  • Posts: 675
no buyers- it seems PT- well not yet
  • 0
  • pt_emini
  • 12-Apr-2011 at 11:25 AM
  • Rep: 5,707
  • Posts: 1,941
Originally posted by palmer

no buyers- it seems PT- well not yet


Yeah , so far just piling a ton of volume up in the 1306.00 to 6.75 zone
  • 0
  • palmer
  • 12-Apr-2011 at 11:30 AM
  • Rep: 415
  • Posts: 675
trying to get out 7.50
  • 3
  • PAUL9
  • 12-Apr-2011 at 11:31 AM
  • Rep: 14.9k
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usually, some sort of a bounce when the 618 extension of the Monday range is hit (618 Extension down = 1308.81, there was a boune to 1311)

But if 618 extension prints, odds about 8 in 10 that full extension will print (monday range subtracted from Monday's L, that would be 1303.75.

see if 1308.75 area acts like resistance.
  • 0
  • pt_emini
  • 12-Apr-2011 at 11:36 AM
  • Rep: 5,707
  • Posts: 1,941
Originally posted by palmer

trying to get out 7.50


Nice work there Palmer. Took a bit of patience to wait out that congestion zone.
  • 1
  • pt_emini
  • 12-Apr-2011 at 11:39 AM
  • Rep: 5,707
  • Posts: 1,941
Originally posted by pt_emini

Taking one more stab at a Long here at 8.50...


Rode out the entire flush lower and finally exited here at 1309.00.

1310.00 still looks possible, maybe even the VWAP still higher.
  • 2
  • PAUL9
  • 12-Apr-2011 at 12:16 PM
  • Rep: 14.9k
  • Posts: 1,170
Brooks says if markets try a direction twice and fail, often reverse, so if Price doesn't break lower, move above 1308.75 would now be short-term squeezy
  • 0
  • BruceM
  • 12-Apr-2011 at 4:04 PM
  • Rep: 216k
  • Posts: 19.9k
thanks for the explaination
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