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Chary

09/28/07 10:58 AM

#18082 RE: amarksp #18081

sorry ES [edited]
S&P E-mini
is what I am trading these days
is the continuous futures contract
current contract is ESZ07
here is dec
not annotated but same overall
todays bar not on here ... so far high is 1545.50 with low of
1535.50 and last is 1538.50
so went above yeesterdays high could not hold it and went lower
still a bove yesterdays low but trading at the low end of the
bar ...
ease of movement is down today so makes sense to sell rallies ...
to me any way ~ but ...
the wheel of appearances revolves quuickly so ...
be back later ...

dang is tricky in here ~
intraday we had a break but that bar on 5 minute bars had what is apprearing as stopping volume ~ and on 180 minute bars looks like absoprtion of sellers to make a run at 1552 ...
still not real clear can go either way ...
supply not entereing as price is climbing on this rally
need to watch for demand to come in on pullbacks or
supply to come in on rallies ~ then judge who is winnng buyers or sellers ~ and the trade from taht data ~ if buyers ~ then buy pull backs if sellers then short rallies ...
not easy today