I was pretty busy over the weekend, and am just now getting around to posting the charts from Friday. The Dow managed to close at the critical 8,000 mark on Friday, and that's about what I expected. I traded the TF again on Sim and managed a nice gain with some 2-3 pt scalps ($200-300 per contract on TF). A lot of traders are anticipating a test of the November lows, but the market often proves the majority wrong, so we'll see what happens. Depending on my schedule, I might try some real $ trades on the Russel this week.
On to the charts...
ES Market Balance (5-min Continuous Contract)
ES Market Balance (5-min Day Session Only)
TF Market Balance (5-min Day Session Only)
Post a Comment
At the minimum, please provide your name or Twitter handle when posting comments. Do not post as Anonymous. Comments that contain links to commercial websites will be marked as spam.