Friday, January 27, 2012

Cash Closing print reaction in the S&P Futures

just another day at work.
1 min

Weekly, Daily & 4hr S&P500 Chart -

4hr ES .. NOTICE volume. quite low.. still declining steadily...
Weekly ES. 
Daily ES

1309.75 "pinch" - Afternoon S&P Note

I am very disinterested in the current market; recycled headlines et al. Anyway the S&P future contract saw rising prices throughout the morning; from 12 am or so until cash open... and again after cash open (almost identical to yesterday); the price sold off 10 handles.. from 1317's to 1307. The overnight low broke without hesitation, yesterday's lows below 1305 were not tested.....  Thus making 1307 the line sand
5 min ES



Thursday, January 26, 2012

Last hour S&P500 Future Update

5 min ES
the low today 1311.50-1312.50 coincides with Monday's closing resistance and right shoulder of H&S which took the ES down into cash open for tuesday which was the 1301.25 test.

very slow slide today.. lots of panic for only a -.6% day.. but remember we did gap up nearly .5% .. we are down 18 handles now from highs.

Interesting Bullish VIX activity under 18..

weird prints..
5min VIX