US Market 2010-11-22

By News Robot
    ESNQ
    AH High1206.002149.00
    AH Mid1199.252137.38
    AH Low1192.502125.75

Share

Comments
  • Lawrence Chan November 22, 2010 at 10:54 am

    NQ strength dragged ES up.

  • Lawrence Chan November 22, 2010 at 10:58 am

    AH low acted as resistance and can now turn to support with S1.

  • Lawrence Chan November 22, 2010 at 10:58 am

    Focus is on the gap below.

  • Lawrence Chan November 22, 2010 at 11:03 am

    Strength in NQ is messing up the price action in ES.

    That does not change the fact that ES wanted to fill the gap.

  • Lawrence Chan November 22, 2010 at 11:06 am

    Previous day low zone tagged. Should have breached it.

  • Lawrence Chan November 22, 2010 at 11:16 am

    New low in 11 am slot, previous day low not tagged yet

  • Lawrence Chan November 22, 2010 at 11:28 am

    NDX still positive for the day.

    ES cannot fill gap below if it stays that way.

  • Lawrence Chan November 22, 2010 at 12:00 pm

    Notice the fight to go above AH low has been denied several times.

  • Lawrence Chan November 22, 2010 at 12:06 pm

    Should ES hold 10 am low and shoot above AH low, we have a w. spring in place for a melt up move to 1200 quickly.

    Watch out for that.

  • Lawrence Chan November 22, 2010 at 12:10 pm

    NQ still positive on the day – gee.

  • Lawrence Chan November 22, 2010 at 12:16 pm

    Volume dried up completely.

  • Lawrence Chan November 22, 2010 at 12:20 pm

    Price movement will be more choppy and overshoot in low volume environment.

  • Lawrence Chan November 22, 2010 at 12:24 pm

    11 am low 88.25
    previous day low 87.5
    gap fill to swing high before the gap 82-83

  • Lawrence Chan November 22, 2010 at 12:24 pm

    If NQ run for ORL, ES will fill gap.

  • Lawrence Chan November 22, 2010 at 12:28 pm

    11 am low + previous day low tagged.

    The rest is frosting. =)

1 2 3