ES 7-01-2011

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.

Also 30 min air from June 1 1332.5

u are correct...my error....could be a costly math mistake on my part..wouldn't have jumped in that much early...front running by a point is ok but not two or more..

Originally posted by rburns

Bruce I show IB 13.75 to 26.75 so 1 1/2 is 1333.25

rburns I did't know we are using the air startegy on 30 minutes candle what is the bottom of the air zone?

I find 30 min air to be very accurate. 1332.5 is bottom.

30 minute air is known as single prints - thee most common form of air and watched by most MP traders..

no good sign of the bulls giving up...still think that big flush unfortunately needs to come to the upside

They will after we capitulate:}

tossing this out there to kill time but somebody recently mentioned about the open prints being important on weekly and monthly, quarterly....anyway my data has junes open print at 34.75...

Originally posted by BruceM

u are correct...my error....could be a costly math mistake on my part..wouldn't have jumped in that much early...front running by a point is ok but not two or more..

Originally posted by rburns

Bruce I show IB 13.75 to 26.75 so 1 1/2 is 1333.25

I have IB as 13.25-26.25 confirmed by other sources as well???

same here

Originally posted by Big Mike

Originally posted by BruceM

u are correct...my error....could be a costly math mistake on my part..wouldn't have jumped in that much early...front running by a point is ok but not two or more..

Originally posted by rburns

Bruce I show IB 13.75 to 26.75 so 1 1/2 is 1333.25

I have IB as 13.25-26.25 confirmed by other sources as well???

right or wrong, win or lose, we have to be fascinated by this grind up...we don't see them too much anymore.....these are the days that the palk rooms always has some bozo yipping about thow they bought the open and were able to hold all day etc...real jokers..!!

anyone visit paltalk anymore..? haven't been on there for a few years myself..

my target is 1330.25...all I need to do is see that print..but for some reason I think I'll be adding at the 35 area...would prefer not to on a late friday but a plan is a plan..

now we hit the 1/2 hour before bonds..I have some friends who will not sell during this half hour as they watch for the bullish bias leading into 3pm...

They maade us wait until Tuesday...lol