Red

User banner image
User avatar
  • Red

User Comments

Carl is Long one unit at 1149.00

Carl, you always cheer me up (NOT)!

Carl’s morning call:

June S&P E-mini Futures: Today's range estimate is again 1145 – 1157. Overnight the e-minis dropped as low as 1146.75, just into the target zone of 1141-47 for the reaction from 1165. I expect the market to begin a move to 1200 this week.

1150.25 -1165 actual Friday (14.75 points)
1146.75 (last night's low)
1145-1157 estimate for today (12 points)
1148.50 currently, so estimate is -3.50 to +8.50 from here (bullish)

Strange though if you look at the chart on Ameritrade it looks like the high was right after the open at 116.94. Yahoo finance lists the high as 117.48.

$SPX Intra-day gap checklist
3 min
1152.14
1149.63
1148.54
1145.1
1143.52
10 min
1131.56

I show 117.293 at 10:30 am on the 10 minute chart in Ameritrade (which is also Think or Swim)

for those with access to data streams:
What are you showing was the high for the SPY on Friday?
I'm showing 117.293 & 117.773 on another.

For a better view on what the political landscape looks like:

http://www.rasmussenreports.com/public_content/

You only need to figure out which is the worst one and to know that failure to vote for his/her oponent, will allow that worst candidate to get in. 🙂

I'll certainly be voting for the good guys come this next election… if I can figure out who that is?