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Yep, you should have no problem with those hours ...I think you might like it better than some of the others anyway...it's not as choppy as the ES for example
Can you help answer these questions from other members on NexusFi?
The TF just gets about a inch lower everyday and the ES gets about an inch higher.
You can trade this stuff on either side of the ranges...just be careful when she finally blows out one way or the other.
Based on whats been happening I guess we might see 815 tomorrow....the highs around 832 is a spot to watch as well.
Anyway, keep in mind that scenario I laid out a day or two ago about the 815 area...
Haven't posted a daily Ichimoku in a while....it's played out very nicely...only now the KS has leveled off and gone flat which portends I suppose of a reversion to the mean or stated differently might drop down to that green line....(based on my limited experience It might be about a week before/if it happens...just looking at it from an Ichimoku perspective)
The one down here is an hourly and will make you nauseous if you look at it to long
I'm going to wait until sometime on Monday to zone in on some spots but in the mean time keep an eye on 815 as I mentioned before.
The way things played out Friday it seems like we will be visiting 802.5 soon...815 seems to be resistance at this point so bear that in mind...
Keep in mind that 802.5 number is a target but could go well beyond that really...what I'm saying is to use that as a target on the downside and not necessarily look to go long there.
Looks like 802 ain't going to happen....news on Greece pushed us up.
I do have a couple spots but I am unsure about them.....I just want to wait and see what's going on especially with the ES which is back at the high and seems to not want to give up.
This may be one of those times that the ES acts like a retard and has to hit 1352 like 4 times before it figures out that it's time to drop.
Our job is to be patient and wait for the ES to figure it out.
I just hope we can get in at a decent spot....don't want to see those whores drop these things overnight and we sit here with our thumbs up our butts waiting for a pull back that never comes.....
Yeah, I feel better now that I vented a little.
I still can't really nail down any particular spots here...it's just to goofy right now....if I figure something out I'll post it....in the mean time just stick with the areas around the highs and lows....
You guys I hope are getting trades...I am but, just hoping to narrow down an entry for the mother of all shorts
(which might not happen but...)
Yes I exaggerated, it wouldn't be the mother of all shorts.... I would be looking for somewhere in the 790 area really.
We've kind of stalled out here at the highs(more so on TF than ES) and either they are absorbing whatever supply there is and will run up to 850 and beyond as you think(guessing) or it will pullback and then take a run for new highs.
I'm in the we need a pullback camp, and I know you've been around long enough to see the stuff I'm looking at that would support my thoughts on this...I don't want to go through the list...just go back through the thread and you'll see what I've been looking at.
All that being said, I do have a post a few weeks back that said to go long in the low 750s and you would still be long at this point ....
Thanks for posting it's been getting kind of boring around here....look at the kind of stuff I have to post to get a response
The Russell 2000 is worth watching considering that its trading of the last several sessions appears to be forming into an intraday Descending Trend Channel as opposed to the other indices that look to be a bit more sideways even if lopsided to the topside and in a way that makes it appear the downside could be found soon.
Should this intraday Descending Trend Channel prove to be reliable as it has been during its brief life, it will try to take the Russell 2000 down below critical support around 810 and something that could cause the Descending Trend Channel to be breached to the downside to close that gap.
Is there a rescuing intraday Bull Pennant in there somewhere? Maybe and that has been the trend this year for certain, but it is not showing itself very well unless the Russell 2000 climbs above about 825.
Otherwise it seems that the Russell 2000 could become increasingly sideways in its daily charts as was detailed as a possibility on Friday evening and the reason why the Russell 2000 is worth watching.