ES Friday 11-8-13

...key numbers below YD lows are are 1740 ****


1736 - 37.50

1734


above I will be using 46.50, 48.50....the O/N high at 51...then 53.75 - 55.75 as a lower edge of the big bell with 58.50 as it's center...the is 61 - 62.25 above

basic plan :

not sure where we open...so if we open and drop down then I buy the 40 and try to but the 36 area....if we open and go up first I try to sell 45- 46.50, 48.50 and then prefer to see them push out the On high as close to 53 as possible

I forgot to mention the VPOC at 44.....I mentioned lots of numbers...If I had to refine them and pick out my top 6 it would be

1753.75

1751


1748.75

the 1744

1740

1736 - 37.50



and 58 - 59 is critical HVN spot still

here's what i have...only level i added from o/n action was 41...the rest all came from past rth sessions

bruce i am sure u took that nice long at 44.5....that test of the 44.5-46 edge of the lower bell curve was pretty nice, and once they cleared 46, the target was back into 48-49....htey drove a bit higher inot the post nfp high at 49.75

now it is key for buyers to hold this 48.5 area....don't think bulls would want this to go back to 46

49.50 is my short entry on this signal...

it should read "don't think bulls would want this to go back to 44.5" ...sorry for the typo

Originally posted by NickP

bruce i am sure u took that nice long at 44.5....that test of the 44.5-46 edge of the lower bell curve was pretty nice, and once they cleared 46, the target was back into 48-49....htey drove a bit higher inot the post nfp high at 49.75

now it is key for buyers to hold this 48.5 area....don't think bulls would want this to go back to 46

short exit at 46.00 (blue line + 1 tick)

nice on pt !

Originally posted by pt_emini

short exit at 46.00 (blue line + 1 tick)

Good morning.. fun day yesterday!..wow..anyone who bought my 1745 number made a nice trade(it ran about 5 handles if memory serves.) The big picture is ominous...i may address that this weekend..in short , were either going a hundred handles higher(1830 or higher, or a whole lot lower (1774-100=!!! ). Wasnt that what chartists call a key reversal yesterday? higher high lower low and closing below both the previous close and the previous low on a daily chart? Any way i made my money this am on globex again, long at 1738.50 and out way early at 1741.25(it ran to 43).. next real resistance is 1751.25-1752, then around 1754..

well, this goes to prove that nothing is impossible in this market....we failed at the center of the second bell curve (starting from the bottom) , went down to take the lower edge at 46 and even drove inside the center of the lowest bell curve and bulls still managed to bounce again through 46 and now about to leave taht 48-49 area behind...it was the harder work (or lower odds play imo), but still materialized....

another way to see it is we opened at 43.25, drove up to that second bell and it was rejected by sellers who drove it back to the open to see if those initial buyers were still there...well they showed up again it seems...

i am not gonna try sells at the upped edge of the bell has 48-49 as center....will try in the 54-56 area with a second try may be at 58.5-59

66-67, right on time before the close

good weekend all !

Originally posted by NickP

have a good one bruce...see in two weeks

forum has been pretty active lately...i hope everybody does not dissapear because bruce is gone for two weeks...let's try to keep up it up

good weekend everyone....still think they might want tthat 66-67 test, just to show who is in charge