US Market 2010-11-12

By News Robot
    ESNQ
    AH High1211.752174.25
    AH Mid1202.382158.38
    AH Low1193.002142.50

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Comments
  • Lawrence Chan November 12, 2010 at 9:31 am

    Reverse of yesterday’s formation.

    ES open at previous day low while NQ at mid point of yesterday range.

  • Lawrence Chan November 12, 2010 at 9:32 am

    For ES, the gap fill below at 95 (4 pm close) was completed last night.

    Usually it does not count because it is done in AH.

  • Lawrence Chan November 12, 2010 at 9:33 am

    Be aware of POMO.

  • Lawrence Chan November 12, 2010 at 9:44 am

    As mentioned yesterday, the fireworks happened in AH and the bearish bias unfolded last night.

    In RTH, however, the 2 forces, PP tag + gap fill upside vs. gap fill downside are about the same if POMO is not involved.

    Since POMO is expected today, run for PP tag first is more likely.

  • Lawrence Chan November 12, 2010 at 10:08 am

    PP tagged. Now, S1. =)

  • Lawrence Chan November 12, 2010 at 10:25 am

    NQ moving towards day low now.

  • Lawrence Chan November 12, 2010 at 10:29 am

    S1 tagged too. Next target is gap fill below at 95.

  • Lawrence Chan November 12, 2010 at 10:38 am

    ORL must act as resistance now for further downside price action.

  • moneymonkey November 12, 2010 at 11:29 am

    Break resistance AH 50%, now testing OR low.

  • moneymonkey November 12, 2010 at 12:46 pm

    Tested overnight low and bounce.

  • moneymonkey November 12, 2010 at 1:23 pm

    1 PM new low for the day.

  • Lawrence Chan November 12, 2010 at 2:08 pm

    We have the gap fill target done.