ES Thursday 12-5-13

Quite the day yesterday. Just a wee bit of volatility. I only got one shot off, just before I was going to shut down for the lunch hour and it turned into a loser. I took the long after the big run-up and a pullback to one of my supports. It failed, I move on.

I have a different 30 minute chart today. It has the same levels from yesterday on that TOS chart but it has a little larger date range. Most of these levels are derived from identifying LVMs and closely associated swings. I apologize that it's fairly compressed, it encompasses all session data back to 11/18/13.Of interest to me is the 8850 level (one time LVM) now POC of this time frame, showing significant support IMO. I think the chart also shows the current bell between 9600 and 8150. Also interesting, to me, is that through yesterdays volatility we returned to that 92 area. A little more news to come out this morning to make it interesting I'm sure.

15 minute RTH from the close yesterday, the afternoon long off the keltner was a nice trade... All the same levels are still in play this morning...

I would tend to be a seller at 97-98 and a buyer at 81.. dont forget the seasonals tho!

It will be interesting to see after the 10:00 am report. So far good news is bad. I still have that 8150 as support. And I'm curious to see how strong 9200 is

So far they have tested the O/N Mid and reversed to take out the O/N low, but we are still in value, albeit a large one due to YD volatility.

Interesting to me is that this last initial move from 1785.00 to 1781.50 gives equality at 1798.00, but thats a long way from here yet

9200 hit, where does it go from here

down... SEASONALS AND PRC BANDS HAVE BEGUN BENDING DOWN ..ALL AVGS ALSO NEGATIVE

equality is 1786.00 and 261.8 about 2 handles 1784.00

Too bad I didn't know that at 9200

Missed my opportunity. They had trouble pushing above 8850. And after that second push it dropped off too fast. Usually I'd be resting there at 88-8825 but I was asleep at the switch. So today I will back away and possibly return this afternoon to see what's up. Good luck to anyone hanging around.