ES Monday 9-19-11

Originally posted by BruceM

for me support will come at 90.75 ( peak volume in O/N session) with 87.50 as secondary support...biggest support down near 83.75...so these numbers are all close by

resistance is up at 96.50 - 97.50

I'd just like to remind everyone that in these threads we are looking for the reasons for trades...not just posting raw trades...we can go to paltalk for that...thanks for understanding

Originally posted by BruceM

I have VA low at 1203.75 Big Mike....


My trade plan is one of the following:

1) Look for prices to firm up near or slightly below the 90 number to target the 95's ( 90 is S2 and also a key low volume area from the other day...so buying below is best)...then get out in front of the 96 - 97.50 zone

2) A push down into the O/N lows (86 - 87 area) will target back into the 90 area...86 - 87 shows up as a low volume area when I combine all sessions but doesn't show up in just the day session data too well

3)Buy under the 83 - 84 area and get out back into 86 - 87