Tag: "trading chat room"
Emini S&P 500 Futures Market Update 7/14/09
Futures Market Update The emini S&P 500 opened just above 2 important levels and the locals pushed the market through them to fill the gap and test for sellers below. As we discussed in our trading chat room, buyers stepped in off the 871.25 market profile level and pushed the market higher for the remainder [...]
View PostEmini S&P 500 Futures Market Update 7/7/09
Futures Market Update On Monday, the emini S&P opened with a gap down and immediately attempted to fill the gap only to fail the mission within a couple points. One more retest of the lows proved that 896 was the critical level to test to the upside in the afternoon session which we discussed in [...]
SP bigger picture analysis
The Bigger Picture Even as day traders we must stop and evaluate the longer time frame charts. The big picture can provide many clues and help us setup or manage trades in the shorter time frames. I’ve taken the time to do a pre market evaluation of the daily chart, that i will share with [...]
Emini S&P 500 Futures Market Update 6/26/09
Futures Market Update The emini S&P 500 rallied the entire day and easily pushed through the 900 key level. The S&P’s continued its push upward and tested the 914 and 916 level as we expected in our trading chat room. The volume was strong all day, but the afternoon session slowed until the close which [...]
Emini Market Prep
Market Prep for Monday June 22, 2009 We are entering the 1st complete week of trading the September U9 contracts now that we have completed the roll over from June to Sept. Let’s take a look at the bigger picture and evaluate the longer time frame Daily chart. We can see that the supporting trend [...]
Emini S&P 500 Futures Market Update 6/17/09
Futures Market Update The emini S&P 500 opened with a very tight 4 point range consisting of choppy price action. After 2 hours of consolidation, the market broke down for a test of 915.25. Institutional sellers were found at this area and the market continued to sell off grinding to new lows for the remainder [...]
Emini Trading Market Preperation June 10 2009
The E-mini SP’s rallied on light volume to test 945, no real surprise as we had mentioned yesterday that this is what we were looking for. We continue to hold this neutral area, neither losing nor building value. As long as we continue to consolidate above 925 the market will attempt to push for higher [...]
Emini S&P 500 Futures Market Update 6/9/09
Futures Market Update The emini S&P 500 opened with a gap lower and tested the longer term 927 level we have been mentioning in our trading chat room for quite some time. Over the lunch the move of the market to the downside was completed to 925.50 as expected and the remainder of the day [...]
Emini SP rally to 945
Monday saw some slight bearish activity in the Emini SP, but ultimately we held the 25.50 -27 area that once again brought in some commercial buying activity. you can see from the chart below how the TTZ levels provided some dead on accuracy, with the hold of the low of day, right to the late [...]
Emini S&P 500 Futures Market Update 7/16/09
Futures Market Update The emini S&P 500 opened yesterday with a large professional gap and never looked back. The biggest pull back the market had off the long sided drive was a 2.5 points. It was definitely a day that was essential to understand market structure and market profile. Our trading chat room was long [...]
View Post