Hey Traders, Nothing changed at all today. Intraday setups continue to work just fine, but in bigger picture bulls are in full control for now and more buyers keep coming in at smallest support levels. Will have daily update up later tonight with key levels to watch, they will be very similar to yesterdays update….
Category: ES – SP500 Emini
SP500 futures – ES mini analysis
Twitter / Vlad: $ES_F wedge and channel
$ES_F wedge and channel to keep an eye on
Daily SP Emini Update
Hey Traders, new highs were set today on SP500 and coveted 1000 mark was captured on both Case SP500 and emini ES futures index. So what now? Big picture did not change one bit, for weekly and monthly charts, check out yesterday’s monthly analysis. It has been clear that market momentum and panic / performance…
8/3 EOD Market Thoughts
Hey Traders, firstly, the whole BAC things blows my mind, pay out 3.6 Billion in bonuses and pay 33million of fines for it, sound like a pretty good deal, they should super size the offer to 100 million fines to pay 11Bil bonuses…. Today was yet another lesson in Dont Fight Momentum 101, this market…
Twitter / Vlad: $ES_F 995 – vwap, top of Opening range and trendline
$ES_F 995 – vwap, top of OpRange & trendline (secreenshot from earlier ). Break = profit taking? $$
Twitter / Vlad: $ES_F trendline on TICK chart to watch
$ES_F trendline on TICK chart form Friday respected again, below looking at 990 level for clues
Monthly Market Analysis
Hey Traders, one of most historic months in market history is behind us, while I mostly trade off of 377tick & hourly charts, it is important to know where things stand in the bigger picture, so lets throw all the bias out the windows, rewind things 40 years back and take a look at monthly…
Fireworks into last hour of the month!
$ES_F / $SPX fireworks coming to a screen near you, perfect timing for end of month. $$
Twitter / Vlad: Keep an eye on this $ES_F trendline
Keep an eye on this $ES_F trendline on tick chart, it could have paid for your kid college fund
Quick Market Update
Hey Traders, Today’s dailys ended in a big shooting star after a gap up, with pro-gap (unfilled gap down) being a serious hint at near term move exhaustion. Near term will be watching theses support level with 3 week trendline being back in play again: On the upside minor resistnace expected at 50% retracement from…