Red

Earl, I guess you will be playing TNA today based on this info.

From Carl just now:

March S&P E-mini Futures: Today's day session range estimate is 1100-1112. The market will reach 1200 over the next three months.

Note:
1100-1116 yesterdays estimated range
1100-1112 todays estimated range
1102 right now

yes

USO Daily Chart
http://www.flickr.com/photos/47091634@N04/43821…

interesting developments on the USO daily, now what is significant about the 2/5/2010 low is that it took out it's 12/11/2009 lows. We now have a lower high since the January highs didn't take out the Oct. 2009 highs and a lower low in place on the USO daily.

the 40.43 level will be a brick wall

OK, that's fine, but I'm waiting a little longer.

huh? entering USO short would be nice but????? I am already short as of yesterday

hello sundancer

are these line Mov. Av and a multiple of 8?

Sundancer, Thanks for the post

Looks like there is still a little more upside left. I just wonder if they are going to pull back a little first or keep going higher?

With good ol' Benny talking this Wednesday (I think it's Wednesday?), the market could pullback a little in anticipation of bad news, and they actually rally on the better then expected news from him. Hard too say at this point…

yesterday the blue line was 23.61, if it loses that it could be a deeper pull back into the purple and teal line to build some more energy

I'll post a chart for the USO shortly