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…
Category: Intraday
Intra-day analysis of all markets, checking in during the session with the latest
Early April Fools Joke’s on the Bulls
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…
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…
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…
Friday Morning Trends / Update
Good morning again, doesnt take a genius to figure out that with futures down 11 and euro down over 200 pips that most trends will be pointing down , and most of them are down the line:Also keep in mind that we are approaching crossroads on the ES as mentioned in Last daily update, still…
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…
WOW Euro
Wish I was up for this 300 pip overnight move, but had to get some sleep, the set up even though a little dirty on the previous post, did mark the top of the move within 25 pips. Good morning and good trading to all today, will keep you posted p.s. Euro Appears to be…
Ambush At Resistance On Euro
Update 9:42pm: Ambush level got a 19 pip bounce as of this writing, enough to hit first target and secure limited risk trade on remaining position. Ambush setting up on previous resistance of yesterday
EC Wedge
Update 11:30am: this one played out false break out way and paused at the pivot. Euro is consolidating into a tighter range, usually followed by a large move. Trading above the pivot and overall bullish outlook on the Euro, suggests it could be to the upside, either way watch for break either way and be…