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…
Category: ES – SP500 Emini
SP500 futures – ES mini analysis
April 1st Daily Market Summary
Hey Traders, very bullish today in the markets, initially seemed that markets were going to roll over and look for retracements of the whole rally down below, all that was thrown out the window when “better than expected” economic data and your tax dollars went to work. Here is our good friend 100K contract bar:100kAs…
April 2nd Intraday Analysis
Update 3:38pm EST: target of box trade is exactly 23.6% retrace of the rally 827.25boxtrade Update 3:20PM: 863.50 was tagged and selling off, looking for 837.5 and 831 to trade for further direction Update 3:07pm EST: Failed new high / possible intraday double top would be confirmed by trade below 831. 827.25 is still the…
April 2nd Daily Market Summary
Hey Traders, another day of of pain for the bears today as ES continues to grind higher at all cost (or at taxpayer cost). Since Wednesday’s low all pullbacks have stopped at 23.6% retrace from that low with only one to exactly 38%. I have been calling for a bounce at 827.25 in intraday analysis…
Friday’s Job # Sell Off Target
Good Evening Nocturnal Traders, if we do get a sell off prior or after 8:30am EST, 810.75 seems like a very high probability bounce area being gap fill and 50% retracement of the move up started on Wednesday. targetforjobsselloff Enjoy
April 3rd Intraday Analysis
Update 3:30pm EST: daily AL tested again to the tick watch 831-834 range breakout for further clues Update 3:20PM EST: daily AL touched to a tick. Watching for further direction and trend clues. break below 828.5 would be bearish, even though in last half hour technicals tend to go out the window Update 3:05pm EST:…
Weekly Market Summary Mar 30 -April 3
Hey Traders, very signifiant week in the markets technically. Regardless of this being biggest 4 week advance in the markets sine 1933, charts suggest that there might still be some room on the upside. esdaily1ES emini futures have managed to close above fib confluence zone at 832.75 with authority on two consecutive days, after taking…
Interesting Week in The Markets.. To be continued..
Hey Traders, congrats on making it through another week, this was one wild week that went something like this: es100k1 stock-market2 Check back for daily, weekly update and some cool new stuff later this weekend. Cheers and have a great weekend!
Monday March 30 Intranight Futures Analysis
Good Evening Traders, there wont be many updates tonight, but just wanted to post this chart to watch for a short term support in 783.25 area, which also happens to be previous resistance and trendline support. Note that the level would change shall ES make new high overnight Cheers
Tuesday March 31st Intraday Futures Analysis
Update 3:45pm EST: Merill and Goldman are simply pounding ES in the SP500 pit. Next Support @791.25 – 50% ambush from yesterday’s low Update 3:36pm EST: Who could have thought, made it right to the bottom of the channel and tagged the 796.5 level to a tick! Update 3:15pm EST: ES is pulling back from…