Hi there guys,
I'm still not fully on my game but i wanted to get you something out today. Here are some levels I'll be looking at tomorrow for possible long trades, if we get a suitable retracement.
Here are some levels above the market I'll be watching for possible short opportunities: 750-52, 761.25-62.75, 766.50-67.50, 772.50-74 and 776.50-780.
Hope it helps,
MG
Hope it helps,
MG
Thanks for the post. You don't like the 724-725 area? It was our only 5 pt pullback all day and served as the launching pt for the rally, IMO...
ReplyDeleteBrian,
ReplyDeleteYes. Good observation. That level may be quite good. Sorry, I didn't mark it. It had statistically high volume compared to the surrounding areas. Also on the plus side, (and this is a major plus) the market lifted approx. 20 points off this level.
My only concern here is that the volume wasn't really high (probably due to rollover). I would definitely consider taking a long at this level if the Footprint showed me a reversal indication.
MG
Hi MG
ReplyDeleteGreat read on single today (38) area. Volume sure built up right above that level and held. Great site very helpful
Thanks
Tappy
Glad it helped Tappy. Yes, it was indeed beautiful. I will post a chart on this later today or tomorrow.
ReplyDeleteMG