ES Friday 11-8-13


  • 5
  • BruceM
  • 8-Nov-2013 at 9:06 AM
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...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
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  • 0
  • pt_emini
  • 8-Nov-2013 at 10:37 AM
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confluence kool !
  • 1
  • koolblue
  • 8-Nov-2013 at 10:37 AM
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heres a better look
Click image for original size
es 12 13 30 min 1182013
...
  • 2
  • NickP
  • 8-Nov-2013 at 10:41 AM
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i took a small short at 54.5 that did not go anywhere and got stopped for a minor loss (-2 ticks)...i wanted sthg closer to 59 on this second push but did not get it unfortunately

Originally posted by pt_emini

59.00 is a level on Nick's chart, since we have no divergence visible here at 56.50 , will wait on new short for a more clear signal perhaps at Nick's level...
  • 2
  • BruceM
  • 8-Nov-2013 at 10:45 AM
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I think they need to go test our 53.50 off the bounce off the key volume node...58 - 59...missed by a tic into that zone
  • 2
  • koolblue
  • 8-Nov-2013 at 10:52 AM
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Click image for original size
es 12 13 1 min 1182013
.. i agree, Bruce. Heres the very short term look
  • 0
  • BruceM
  • 8-Nov-2013 at 10:53 AM
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they blew throught that 51...that wasn't very nice.....And that 53.75....expecting retests of those
  • 0
  • koolblue
  • 8-Nov-2013 at 10:59 AM
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well, equality is a bitch! it was at 1763.75,which is where i put my order and missed it...all orders cancelled
  • 1
  • BruceM
  • 8-Nov-2013 at 11:02 AM
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I made the mistake of having too many numbers in my sights today...the problem for me was that I had a bell stacked on top of a bell so I had the 55.50 and the 51 as LVn's but also had 53.75 as the middle seperating those LVN areas.......then the 55.50 was the lower LVN of the upper bell with 58 - 59 as the center and 61.50 - 62.50 as upper edge..........anybody get that ...? LOL !!

too many numbers close buy makes it difficult.
  • 1
  • NickP
  • 8-Nov-2013 at 11:03 AM
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yeah, that 51 area was a tough one especially after they tested the 48-49 area a couple of times....once they broke they would carry it to the endzone imo, so just stood aside for that one...

58.5 is the comp vpoc and i am surprised they have not tested it...but after the initial rejection 1 tick ahead of 58 i wonder if that 58-59 area will be any good again....may be the 61-62 area is starting to shape as a better short with targets back to 58-58.5 and go from there

Originally posted by BruceM

they blew throught that 51...that wasn't very nice.....And that 53.75....expecting retests of those
  • 1
  • koolblue
  • 8-Nov-2013 at 11:05 AM
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In my work ,since they hit 1757.75 again the previous proj are invalid new one forming now!
  • 3
  • NickP
  • 8-Nov-2013 at 3:53 PM
  • Rep: 7,237
  • Posts: 771
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
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