Update 3:02am:Ambush level to watch 793.25 , from Tuesday highs to overnight lows:793251 That 793.25 level on ES is also previous support on the way down towards the close, break above 796.5 makes retest of 803-809 ambush zone much more likely Good Evening, here is a quick nocturnal trader update, no new set ups have…
Category: ES – SP500 Emini
SP500 futures – ES mini analysis
April 1st Intraday Futures Analysis
Closing Bell: Closed at the highs, another nutty day in this market. Update 3:52pm EST: Another new high followed by higher high with no high $tick. Last 23 minutes should be interesting. EC seems to have paused in daily ambush zone. Update 3:27 pm EST: EC/6E 1.324 is daily 50% , watch for reaction in…
Daily Emini Summary – March 30
Hey Traders, rather boring day today, unless you were initially short or were playing the channel on the tick chart posted in intraday analysis. A lot of ambushes were dirty and tape was overall choppy.Here is end of day trend summary: Euro trend has been bearish all the way since Friday and has found support…
Monday March 30 Intraday Emini Analysis
Update 3:17 pm EST:testing the top of the daily channel now Update 1:50pm EST:New lows, no new low $tick, if you were to play the box, the target of this trade is 774 (bottom of the lower box) Update 1:33pm EST:ES Box Trade anyone? Update 1:19 pm EST:ES continues to shop around the lows, watch…
Sunday March 29 Intranight Analysis
Good Evening Traders, just posting some things as I see them 2:06 AM EST: ES is now pushing down against the 10,000,000 contracts LRC channel, suggesting the move is getting overextended to the downside short term, be careful entering new short positions and watch for a bounce in the 796 (ambush) 798 (S2) area 1:18…
23.6 The Magic Fib of This Bear Market
Hey Traders, while doing hw on the charts for the week ahead, I found something very interesting. 23.6% retracement of the whole bear market was a great target for all the snapback rallies we have had to date, especially once the bear market became very extended. If history repeats itself, after seeing the recent low…
Weekly Summary for March 30 – April 3
Even though I personally do not trade long term, or even swing trade, it is always good to know where we are on the weekly time frame: ES has put in a first green weekly trend candle, if we do resolve to the upside this week producing another green candle that would be rather bullish…
Daily Summary for Monday March 30
Hey Traders, futures open in about 6.5 hours and kick off a big week which will give us some more direction as to where the market will go intermediate term, with trying to chop everyone up in the process of course.Here is what trend summary looks like at the close on Friday March 27: After…
Watching ES 821
Update Closing Bell: Looks like some pretty good calls today , too bad there are barely any readers on this blog just yet, but with good content (and a little search engine optimization) they will come. I will continue putting this blog together over the weekend, should have plenty of good stuff along with daily…
Thursday March 26 Summary
Another interesting day in the world of trading today with ES resuming its recent uptrend-at-all-cost and closing at the highs while EC closed at the lows, sure dont see that every day. Here is how futures mutliple time frame trends ended up on the day: ES 120 minutes has stayed bullish the whole day with…