Review of last night's ES Futures Trades. Have been trying to get my charts up since 7am this morning but to no avail. I am not too sure but I think there is a problem over at IB's end. It could be some data issues. Please swing by later as I try to resolve this.
01:36pm My charts are finally "charging up"...Have an appt in an hour's time, so I will not be able to post comments on last night's session until the late afternoon...Drop by later.
10:14pm Sorry that it took me so long to post my comments. My dayjob took me away from the computer for nearly the whole day.
The ES avoided Leg 3 of the Bull Break. It did not clear the last PRIME Support at 1422.00 on the TREND Chart. We had a PRIME PPF of Support instead at 1423.25. We could return to bullish status if we are able to clear last PRIME Resistance at 1432.50 with the current upmove. So, watch out for these two levels for tonight's session: Last PRIME Resistance at 1432.50 & Last PRIME Support at 1423.25. As there is no failure yet in the upmove during Globex, I would be expecting PRICE to continue to move higher, until it fails. I'll probably just watch by the sidelines tonight as I am pretty tired.
11:46pm Consolidation.
12:21am Here's the break-out move from the consolidation. Trade safe everyone. Good night.
Tuesday, January 30, 2007
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