US Market 2010-11-22
By News Robot| ES | NQ | |
| AH High | 1206.00 | 2149.00 |
| AH Mid | 1199.25 | 2137.38 |
| AH Low | 1192.50 | 2125.75 |
Trading Edges That Last
By News Robot
As Featured In
By News Robot| ES | NQ | |
| AH High | 1206.00 | 2149.00 |
| AH Mid | 1199.25 | 2137.38 |
| AH Low | 1192.50 | 2125.75 |
Hitting mid gap 84.
The short in 10 am was easy if you stop yourself in.
The 2nd short from 11 am new low is a bit harder because of NQ not cooperating.
But once you learn to use Time Map, it will be easier in handling this kind of situation.
Staging potential 1-2-3 buy off mid gap.
Previous day low should act as resistance from this point until gap filled.
My morning trade is done for now as I have other matters to attend to.
Good luck trading!
82-83 proven an important price level.
NQ did not break previous day low, meaning its gap below is intact and not bearish.
Previous day low acted as support as oppose to act as resistance, not bearish either.
ORL + S1 resistance.
But NQ is going to tag green very soon.
NQ reaction to previous day close is important for the direction of the rest of the day.
As long as NQ mid point of the day + previous day close acts as resistance, long is not safe.
No confirmed weaknesses yet.
NQ at mid point.
ES at midpoint too.
Custom tick indices say weaknesses ahead.
Price levels are telling us PP in play.
Shorts are trapped.
Spike div in tick indices again
A selloff from here 1st target is VWAP + S1.