ES Monday 7-11-11

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Hey, where'd everybody go? huddled in the corner clenching euros?

Here's something from friday.
run down the page to the chart (black background) that LisaP posted with my remark after it.

ES looks like it has support 17.50-down to 14 area, it's right on her chart.

http://www.mypivots.com/board/topic/6830/1/es-7-8-2011

I'm too busy to comment today. Good luck to all.

Thanks paul. Here is an updated chart

Click image for original size

Sorry today fingers are faster than brain, plus I am i trade.
Here is the correct chart

Click image for original size

The chart before shows how much volume is above us. I expect them to exit pushing the makret down

i agree with that area paul...you got a single print from 7/1 around 17.25, s2 and i have multiple fib projections in the 16-17 area as well...down at 14.5 there is a vpoc from the weekly chart too if i am not mistaken

Originally posted by PAUL9

Hey, where'd everybody go? huddled in the corner clenching euros?

Here's something from friday.
run down the page to the chart (black background) that LisaP posted with my remark after it.

ES looks like it has support 17.50-down to 14 area, it's right on her chart.

http://www.mypivots.com/board/topic/6830/1/es-7-8-2011

I'm too busy to comment today. Good luck to all.

Also a Gann Square of nine at 1315..that has bee a very sticky area in the past...

Also, there's a tight sideways trading range of roughly 5 points that lasted from 6-30 into 7-1 ... top of range apprx. 1317 "zone" and bottom of range apprx. 1312 "zone" ... with a Wkly Pvt at 1313 fwiw.