GS looks like it's going to gap over it's max contain pt. the next level where position trades could be taken is the intersection of the brown & purple lines 168 area
March S&P E-mini Futures: Today's range estimate is 1126-1140. The employment number came in pretty much as expected and as I write this the market is trading about 7 points higher than yesterday's pit close. I expect the market to reach 1200 over the next three months.
1016-1130 Yesterdays expected range 1126-1140 Todays expected range Current is 1129.50 so -3.5 to +10.50 from here
Carl is now long second unit at 1126.50
Carl just trades 1 or 2 units, so he is maximum long.
SPY gapped over the TL that was containing the market for the last 3 days, however did not gap over it's controlling TL
http://www.flickr.com/photos/47091634@N04/44081…
IWM gapped over it's containment pt. which makes the close today all the more important, 65.68 level to watch @ the close
http://www.flickr.com/photos/47091634@N04/44081…
GS daily update
http://www.flickr.com/photos/47091634@N04/44088…
GS looks like it's going to gap over it's max contain pt.
the next level where position trades could be taken is the intersection of the brown & purple lines 168 area
For the XLF, the 15.22 level
Good Morning, Gcocks.
TNA (currently $49.45) is above its pivot line ($48.30), so it's a TNA day at this point.
TNA should gap up again for the 5th straight day. If the gap gets filled (it did yesterday), maybe I can get some TNA then.
Not going to be happy if it just starts running from the open, as I have none.
Good Morning Earl, What are you up to today.
be alert for exhaustive signs:
this is going to be the 6th consecutive gap up on the SPY
1127.38 gap is going to get filled @ the open
de-leverage area hit on financials
Carl Just now:
March S&P E-mini Futures: Today's range estimate is 1126-1140. The employment number came in pretty much as expected and as I write this the market is trading about 7 points higher than yesterday's pit close. I expect the market to reach 1200 over the next three months.
1016-1130 Yesterdays expected range
1126-1140 Todays expected range
Current is 1129.50 so -3.5 to +10.50 from here
Carl is long one unit of /ES
the opening is going to be very very important
IWM 65.70 level, i alerted a couple days ago that it was the level for a possible reaciton
GS- 164.01- the bear flag that wasn't
the 1127.38 gap is going to get filled @ the open so my inventory on this setup is going to be liquidated
XLF 15.01 – de-leverage area hit
Fujisan was dead on, wasn't she? Ha! That's perfect, now if it will only fall too…
Leo & Co.
This call so far is amazing.
check out Fusijian at:
http://slopeofhope.com/2010/03/fujisan-and-the-…