Showing posts with label Wednesday. Show all posts
Showing posts with label Wednesday. Show all posts

Wednesday, May 2, 2012

E-Mini S&P 500 Futures Chart for Wed. 05/02/2012

From today's EMiniPlayer.net Trade Plan: Sellers were active overnight and pushed ES down to yesterday's Bull/Bear Zone, where Responsive Buyers were active. Heading into the day session, wse have Pre-Market Resistance at 1396.50-1398.50; we'll also be using that areas as the Micro Bull/Bear Zone to establish short-term directional bias. A break and hold above 1396.50-1398.50 would bring the previous Close at 1400.50 and the 1402-1404 Initial Resistance Zone into play. On the downside, holding below 1396.50-1398.50 could lead to a test of 1386.75-1388.75...ES is set to open below Value; use the Opening Range and 1396.50-1398.50 to establish immediate bias off the open.

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
















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Wednesday, April 25, 2012

E-Mini S&P 500 Futures Chart for Wed. 04/25/2012

From today's EMiniPlayer.net Trade Plan: The buying from Tuesday's Close continued in the Globex session. Responsive Sellers capped the upside at the 1381.50-1383.50 Key Resistance. Heading into the day session, we have Initial Resistance at 1381.50-1383.50, followed by 1386.75-1388.75...Price typically remains in a narrow range ahead of the FOMC Announcement. Buyers are in Control, and a bullish Response to FOMC could result in a test of the 1386.75-1388.75 and 1391-1393 Resistance Zones today. Use the Opening Range and the 1379.50 Micro Bull/Bear Line in Sand to establish immediate bias.

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















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Wednesday, April 18, 2012

E-Mini S&P 500 Futures Chart for Wed. 04/18/2012

From today's EMiniPlayer.net Trade Plan: Overall, the expectation is for a Balanced session where ES balances in a range with Responsive Buyers active at Support and Responsive Sellers active at Resistance.

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

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Wednesday, April 11, 2012

E-Mini S&P 500 Futures Chart for Wed. 04/11/2012

From today's Trade Plan: The expectation is a Balanced session, with Responsive Sellers active at Resistance and Responsive Buyers active at Support as ES consolidates yesterday's sell-off. Sellers remain in Control below 1372-1373, and the market needs Initiative Buyers in order to sustain prices above 1373 -- I'm not anticipating Initiative activity today.

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

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