Showing posts with label Monday. Show all posts
Showing posts with label Monday. Show all posts

Monday, April 30, 2012

E-Mini S&P 500 Futures Chart for Monday 04/30/2012

From today's EMiniPlayer.net Trade Plan: Responsive Sellers were active in the overnight session, and ES pulled back to test the 1394-1395 Micro Bull/Bear Zone, where Responsive Buyers were active on first test. Heading into the day session, we'll continue using 1394-1395 as the Micro Bull/Bear Zone to establish directional bias. Holding above that area would bring the previous VPOC at 1398, and previous Close at 1398.50 into play...On the downside, a break and hold below 1394 would bring 1387.75-1389.75 Initial Support into play as a downside target...The primary catalyst this morning is Chicago PMI at 8:45 AM (released to Chicago PMI subscribers at 8:42 AM CT). Use the Opening Range at 1394-1395 to establish short-term bias.

5-min Chart with EMiniPlayer.net Support/Resistance Zones
















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Monday, April 23, 2012

E-Mini S&P 500 Futures Chart for Monday 04/23/2012

From today's EMiniPlayer.net Trade Plan: ES gapped lower overnight, and liquidated down to 1359.50. Heading into the day session, we'll be using 1361.50 as the Micro Bull/Bear Line in Sand to establish very short-term directional bias and the 1371-1373 Resistance Zone as the Bull/Bear Area to establish overall directional bias...We have Pre-Market Resistance at 1363.75-1364 followed by Initial Resistance at 1365.25-1367.25, those are areas for Sellers to step in again. Our targets on the downside include the Open Gap at 1357 and the NVPOC at 1355.

5-min Chart with EMiniPlayer.net Support/Resistance Zones 
















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Monday, February 6, 2012

E-Mini S&P 500 Futures Trade Plan & Chart for Monday 02/06

Today's EMiniPlayer.net Trade Plan
Overnight, ES held above the 1329-1331 Support while 1337.50 Resistance capped the upside, and we ended up with a Balanced overnight session. Heading into the day, we have Initial Support at 1329-1331; rejection at that Support Zone would bring the 1336-1337.50 Pre-Market Resistance into play, followed by 1339.25-1341.25 Initial Resistance (previous Close at 1339, previous VPOC at 1339.25). With no key economic releases scheduled for today, any news out of Europe will be the focus and drive price. Bigger picture, Buyers are in Control and in the event that we break below 1329-1331, the expectation is for Responsive Buyers to be active at every support area (1326.50, 1322.50-1324.50, 1320). On the upside, the primary target is 1339.25-1341.25. Overall, the expectation is for a Balanced session with Responsive Buyers active at Support as ES consolidates Friday's breakout. Short-term bias remains Bullish above 1329-1331. Bigger picture bias remains Bullish above 1320.

5-min Chart with EMiniPlayer.net Support/Resistance Zones

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