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Re: [RT] Mkt - ESU1



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And rally it they did above the median lines for today, yesterday's median
lines are acting as resistance at/near the 0.666 level of today's range.
Also evident on the GOsc at the bottom.

bobr

----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, August 13, 2001 10:18 AM
Subject: Re: [RT] Mkt - ESU1


> It's tricky. I've been short twice and exited due to no follow through.
> While spoo has not corrected much in price, it has corrected in time equal
> to the rally off the lows. As I write this they broke the low and ran the
> emini stops 2 handles under the spoo with nearby support at the 38%
> retracement. Considering this is the slow lunch period I would not be
> surprised to seem them attempt to rally it from here.
>
> Earl
>
> ----- Original Message -----
> From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, August 13, 2001 10:25 AM
> Subject: Re: [RT] Mkt - ESU1
>
>
> > YaBut,
> >
> > based on 15m chart and strong resistance at 50% , this also has the
> makings
> > of a double distribution down day. You see any tendency thataway?
> >
> >
> > ----- Original Message -----
> > From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Cc: <MedianLine@xxxxxxxxxxxxxxx>
> > Sent: Monday, August 13, 2001 09:19
> > Subject: [RT] Mkt - ESU1
> >
> >
> > > Let's see if this works out today.  If the ES can move above 1197.50
it
> > will
> > > move into the value area of Wednesdays "box.  Then it should shoot for
> > 1205
> > > and if that becomes support, then 1210 is the next target.  So far the
> > first
> > > hour range is within Friday's upper half.  Between the bottom of this
> hour
> > > and the following 30 minutes we should have a good clue of what today
> will
> > > bring.
> > >
> > > bobr
> > > http://www.oextrader.com
> > >
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> > >
> > >
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> >
> >
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> >
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