alleytrader

alleytrader

4 th gap up day in a row, probably. Probabilities are getting low for one more today we will watch 1933 for buying or selling and if buyers fail and then buyers fail at 1926 i see us heading to 1916 and 1888, unlikely on opex week. at 1933 we see buyers step up then look to 1940 and then to 1958 same target as yesterday

alleytrader

10% up move on PCLN, wow, oh and I was long, how about that. The over night action was very bullish and we are a FOMC minutes day so here is what i think could happen. Opening we have a pull back and look for buyers in the 1903 to as low as 1889 area, and if we find buyers a push to 1912 and 1924, with extreme high at 1958. Now if buyers are not found then the...

alleytrader

Today mentioned expected a move to 1872-73 and that is what happened how ever it was not quite done and after a bounce ti moved back down to 1870 putting the long trade in $150 per contract in risk, until a v bottom took hold and then we continued to go right up to over night high just as pointed out I expected to see happen. This information was available to you...

alleytrader

today looks like we will move down and see if we find support at 1872-73 for a new run to the overnight highs and then to the following numbers 1893, 1903, 1921 and failing support we look for support again at 1864 and if buyers have left the building then look for 1848 need help during the day come find me in my chat room, look at www.inthefutures.com

alleytrader

legacy numbers marked on chart decent overnight move, looking for buyers to hold above 1827 and if buyers not found look for 1811 again. if buyers found then we should see 1848 and 1860 the overnight move balances yesterdays action, we are pushing to a gap left ope at 1848 but i only count gap closed in regular hours

alleytrader

Big picture ES, the market has been killed, a 300 point drop followed by a 50% retrace to drop 130 more points, all in 5.5 weeks. now a bounce of major support and a 50% retrace to 1870 would not be crazy. I personally can not get short after thing got very cheap even being a pera bear I could not do it, One should look to buy cheap and sell expensive. So...

alleytrader

Interesting, Today has some open air below and could see some outright panic selling, we will see, or we hit bottoma and up we got, today the bottom targets are 1775, 1762, 1726 and if we catch some bids then we will need big power even to come to numbers and they are 1825, 1837, 1848, 1862 so an responsive buying up to these higher numbers could be viewed as...

alleytrader

bulls need to keep the market above 1852, and if so look to push to 1875 to close gap and then to 1880 and 1889, if 1852 and above does not see buying then look for the 1837 and 1824

alleytrader

Today is simpler ideas. first of all bulls need to hold over 1826 and then try and run for 1844, 1852, 1875 if buyers fail then the sellers below 1826 could take us back to yesterdays final target of 1812. 1804, and ultimately 1750 so I wait for open and see how it response then trade based on the rotations after open daily updates, are available look me up

alleytrader

After last night sell off, I would expect some responsive buying, that needs to get over 1866, if so then up side target is 1890. I 1866 does not find enough buyers then expect a possible sell off to the 1837 area very simple plan for today. Need more help join our day traders chart room at www.tradinginthefutures.com look for the free chat room

alleytrader

some areas of interest today (lots of them) 1880, 1884.5, 1886, 1889, 1894, 1899, 1908, 1915, 1922 i know this means little but lets put some ideas to that 1899 -98 is my over under, but need to see what happen at open due to the NFP numbers created movement. below look at my numbers, and over we have targets. So much depends on how the market opens We have been...

alleytrader

yesterday provide a major bounce off of a strong low and now has created two distributions. 1890 is today's over under line and looks like we want to find buyer and push higher back to the 1915 and even to 1931, Failing a move that stays over 1890 then we could return right back to yesterdays low, using all the buys from yesterday to fuel the move

alleytrader

today my over under is 1910 Have 1915 as decent magnet overhead again 1890 for down side first level support 1923 and 1938 on the up side for on the move updates seek me out

alleytrader

showing SPX chart talking ES if we move down much then 1902, and that would be target if we stay below 1920, and back to 1940 if we can get over the 1920. a fast test to 1920 means nothing, hanging out over that level then i say 1940 again Big magnet 1915 daily commentary in my private chat room

alleytrader

last trading day of the worst Jan on record for the S and P, but from a day trade point of view it was heaven. Not much has changed this week and all numbers about the same, watch 1890-91 and if we hang out below for 30 minutes then look for 1875 as target. and buyer take hold look for the same upper of 1915

alleytrader

today looks choppy with a up side bias, could have a open that retraces and chops then looking for a 1915 target again. # 1915, 1895, 1891, 1879, 1870, need ideas visit my chat room at www.inthefutures.com

alleytrader

my o/u is 1890 and we are right there so open will be important info, over target # 1 is 1898 then 1901 and under targets are 1888-87 1882 daily evolving commentary at www.inthefutures.com and find the free chat room

alleytrader

today we will test the up side move and failure to get over 1890 could have a return trip to 1852, buyers could fail at 1882 and 1890 and if they don't fail then upside 1895 and 1898.5(gap) is up side Tuen into my private chat to get up dates during the trading day