No trades today as I was busy in downtown with paperwork for the new job and didn't get back home till after market close. Doesn't look like I missed much; the morning was a chopfest. I mark up the charts even on days I don't trade in order to further my education, and to keep up with the most recent price action, so here's my marked up 5-min chart:
ES (5-Min)![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDWisL65x6y-zaXva3hjYhN4KvICOm1JKy2eOWfdmlHvEZ_5pXovORX1vxWa9Zph4IADSo0kXzSaMvoyBSinria80gogDXjksWpeJ8g2pRoGlBINhSMHmPcRWL671f2FEQGDbVxxOWdnAf/s400/20090527_ES_5Min.jpg)
Lot of econ news out tomorrow.
Durable Goods Orders and
Jobless Claims at 7:30 AM (central),
New Home Sales at 9:00 AM.
ES (Daily) - Bears can't get overly excited based on today's action since price simply pulled back to yesterday's 50% level. I'm sticking with Bullish bias until I see a CLOSE below 875 on the Daily chart.
New Job? Holy crap man! Congrats!
ReplyDeleteI've been trying to get online but I upgrade to vista sp2 this week and its wreaked havoc on yahoo im.