Showing posts with label Thursday. Show all posts
Showing posts with label Thursday. Show all posts

Thursday, May 3, 2012

E-Mini S&P 500 Futures Chart for Thursday 05/03/2012

From today's EMiniPlayer.net Trade Plan: Buyers were active in the overnight session and held ES above 1392-1394, tagging 1400.50 and 1402.25, with Responsive Sellers active at 1402-1404... On the downside, we have Pre-Market Support at 1397.25-1398.25 (Previous Close 1397.50), followed by Initial Support at 1392-1394 (this area is also the Bull/Bear Zone). We typically see rotational price action the day before the Non-Farm Payroll (Employment) report, so I expect Responsive Sellers at Resistance and Responsive Buyers at Support today.

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
















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Thursday, April 26, 2012

E-Mini S&P 500 Futures Chart for Thursday 04/26/2012

From today's EMiniPlayer.net Trade Plan: Overnight, Responsive Sellers shut off the Buying at the 1391-1393 Resistance Zone, and ES pulled back to the overnight support at 1380.75-1382.75. Heading into the day session, we have Initial Support at 1379.75-1381.75 and the Micro Bull/Bear Line in Sand at 1379.50...On the upside, holding above Initial Support brings the 1385.75-1387.75 Pre-Market Resistance Zone into play, followed by the Open Gap at 1390.25 and NVPOC at 1392.75...Use the Opening Range and 1379.50 to establish immediate bias.

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
















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Thursday, April 19, 2012

E-Mini S&P 500 Futures Chart for Thursday 04/19/2012

From today's EMiniPlayer.net Trade Plan: Heading into the day session, we have Pre-Market Support at 1376.25-1378.25 (Previous Close 1378.25), and Pre-Market Resistance at 1382.00-1384.00 (Previous VPOC 1382.50). There are several econ reports out at 9:00 AM (CT), and the expectation is for a directional move away from 1382.75. Use the Pre-Market Support and Resistance Zones to gauge market strength/weakness...On the downside, a break below 1376.50-1378.50 would bring 1370-1372 and 1363.75-1365.75 into play.

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

View full size chart