Update 12:50am EST: ES had just traded above 61% line / 830.5 of the last ambush short left standing from Globex highs. Only possible resistance levels are previous highs: Monday’s 834 and current trading hours only high of 842. Be careful as overnight action is always tricky, just look at yesterday Update 11:30pmEST:Morgan Stanley to…
Author: Vlad
April 8th Daily Market Summary
Hey Traders, if you were following along Intraday Analysis on the blog, what seemed as choppy day today was actually rather tradeable with turning points identified relatively easy. The daily market picture has not changed much:esdaily2009-04-08_1617Today’s trading hours action traded with 23 point range with no significant technical damage done. Es has been reacting really…
Wednesday April 8th Intraday Analysis
Update Ca$h Close: rather uneventful close. Intermediate term trend is still up. Will have to keep an eye on 825 and 813 ambush zones for further direction. Thanks for visiting, daily update to follow soon. Update 3:44pm EST: break above 820 would mean retest of highs is likely. Last 15 minute whipsaw is also in…
Tuesday April 7th Intranight Analysis
Update 1:14am EST: ES seems to be finding some support close to the figure. Euro continues to grind lower towards that 1.3095 level as expected. Asian markets getting absolutely crushed:Nikkei – 254HSI – 604 Update 1:05am EST: another humorous/sad/good read: SEC is floating options to limit short selling Update 10:13pm EST: ES futures in free…
April 7th Intraday Emini Analysis
Update 3:58pm EST: crazy close as expected, watch for AA earnings after cash close. Thx for visiting and check back later for daily update and intranight analysis. Update 3:41pm EST: long ambush work and seems to have broken out of consolidation, daily highs and 822.25 next expected resistanceIf 819.5 remains the high of the run…
Don’t Hate on Globex Futures Session
Traders, if you only trade stock and have access to futures quotes/charting, you should consider overnight or globex sessions futures trading extreme parameters in your trading. One of the clearest examples why is trading over the last 24 hours:globexhighsOrange box indicates the highs set during Globex futures trading session on Sunday. Now looks how significant…
Monday Intranight Market Analysis
Update 1:11am EST: well that didn’t last long, re-shorted ES, got first target hit, will leave it as a runner overnight. Update 12:41am EST: some Aussie rate decisions just hit the wires, leaving currencies alone for a while. also covered ES short, will re-evaluate in the morning. Update 12:39am EST: ES is testing minor ambush…
Monday April 6 Market Summary
Hey Traders, another of false hope for the bears, closing at session highs and trading as many as 15 pts above the daily low, putting in a daily doji:esdES was trading as high as 848 in pre-market, which would have resulted in the open above the trendline, which seemed rather unlikely. ES traded into Thursday’s…
Monday April 6 Intraday Market Analysis
Update Cash Close: good day overall, check back for daily updates and significant levels later on, feel free to follow on twitter and spread the word if you find information on this blog useful. Update 3:58pm eST: that ambush finally tagged, have been waiting in line to short it since $tick hod around the lows,…
Sunday April 5th Intranight Analysis
Update 11:34pm EST:Gold now at multi month lows and also at 50% retracement from December lows – Feb highsgc Update 10:51pm EST:Gold is now at multi-month low, last print 878.8 on June contractES is staying strong trading within a buck of highs Update 9:17pm EST:Euro is trading back into the big Ambush zone on the…