ES Wed 12-14-11


zones i am conisdering this morning; above current levels

17.25

19.75-20

23.75-25 (single print from yest right in this area), also 27.5-28 is peak volume since the start of dec)

29-30

32.5-32.75 (poc just above and peak volume from yest lies at 35.5-35.75)

38-38.75

below i have

12.5-14 (yest lows in this area) big volume area lies right below all the the way to 207 (fyi was a big volume area for the dec contract that was translated to amrch using the spread between both cts)

200-02.5

97-98

good luck
we are dipping into 11/18 16.25 was the high of that day
I have 1207.50 as "gap close" - see 11/18, though it is in the middle of a bigger gap
Cannot believe they gave up 50 MA on daily SPX so easily.
INDU does not look as bad as SPX

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2011 12 141002
Volume building here

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2011 12 141025
Financial sector - going against general market trend.
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2011 12 141103
candle with the topping tail is the first 30 min. Red line is "open price"
1200. to 1203.25 for LV area from 11/17 for longs
1200 is a Rat to 06.25 Rat to
INDU is now at 50 MA on daily. I expect a bounce. Went long as INDU hit 11800.


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2011 12 141446
total for the day there just hitting it