ES 7-01-2011


  • 5
  • Lorn
  • 1-Jul-2011 at 8:17 AM
  • Rep: 16k
  • Posts: 1,406
Important reference numbers starting today.

Monthly close 1314.75 (4:15pm), keep in mind this is also a quarterly close.

Monthly High/Low 1342.25/1252.25

Quarterly High/Low 1368/1252.25

50% of quarterly range is 1310.25, so we have closed above that.

VPOC for the Quarter was 1323.00 and the profile has peaks in two places, at the lows between 1260-1280 then again near the June highs between 1220-1240.

Keep in mind these are all based on the September contract.
  • 1
  • DavidS
  • 1-Jul-2011 at 10:12 AM
  • Rep: 3,181
  • Posts: 557
Now what?

On that same fib range, the 68% is 1332. Key level.
  • 1
  • Dubya
  • 1-Jul-2011 at 10:15 AM
  • Rep: 207
  • Posts: 74
Once again for the Gann fans...next level is 1333...
  • 2
  • Lorn
  • 1-Jul-2011 at 10:15 AM
  • Rep: 16k
  • Posts: 1,406
1331.75 single prints from June 1st.

Originally posted by DavidS

Now what?

On that same fib range, the 68% is 1332. Key level.
  • 0
  • TradeQueen
  • 1-Jul-2011 at 10:15 AM
  • Rep: 879
  • Posts: 204
THANK YOU! I was thinking the same thing!
My guess, Everyone will start their July 4th weekend early!
Originally posted by DavidS

Now what?

On that same fib range, the 68% is 1332. Key level.
  • 0
  • DavidS
  • 1-Jul-2011 at 10:33 AM
  • Rep: 3,181
  • Posts: 557
Destinations are good, but the trail more important.
1219.50 s/r level if they can't run it before lunch.(start the weekend)
1327 also hanging in my head as former level to note.
If higher and giddy, 1336.
Just some thoughts.
  • 2
  • Lisa P
  • 1-Jul-2011 at 10:36 AM
  • Rep: 6,498
  • Posts: 1,428
INDU just closed its 5/31 gap

Click image for original size
2011 07 011035
  • 2
  • BruceM
  • 1-Jul-2011 at 10:36 AM
  • Rep: 216k
  • Posts: 19.9k
added at 27.50....this is hour breakout...... air below near 1322.50 is ultimate target...no doubt a risky trade
  • 0
  • DavidS
  • 1-Jul-2011 at 10:47 AM
  • Rep: 3,181
  • Posts: 557
1324 before 1320 area if it truns here
1327
That's a breakout bar on hr chart if your looking for a chart example Paul.
  • 0
  • DavidS
  • 1-Jul-2011 at 10:48 AM
  • Rep: 3,181
  • Posts: 557
I trun alot. TURNS
lol,crappy typist
  • 0
  • khamore1
  • 1-Jul-2011 at 10:50 AM
  • Rep: 593
  • Posts: 216
I am not sure if I understand "air pocket" strategy will someone tell me please if the zone 1322.50 and 1317.50 is an air pocket and what is supposed to do be filled today?
  • 0
  • Lisa P
  • 1-Jul-2011 at 4:06 PM
  • Rep: 6,498
  • Posts: 1,428
They maade us wait until Tuesday...lol
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.