Here is a five minute bar chart of today's e-mini action. The blue rectangle is today's range estimate that I made this morning. The green rectangle is my estimate of tomorrow's range. I am guessing that the day session range will be about 35 points and that the day's low will come in near 665. Remember that the employment number will be released at 8:30 am ET tomorrow, before the start of the day session. I think that the number will put some more volatility into the market, hence my estimate of a wider range.
Thursday, March 05, 2009
Tomorrow's range
Here is a five minute bar chart of today's e-mini action. The blue rectangle is today's range estimate that I made this morning. The green rectangle is my estimate of tomorrow's range. I am guessing that the day session range will be about 35 points and that the day's low will come in near 665. Remember that the employment number will be released at 8:30 am ET tomorrow, before the start of the day session. I think that the number will put some more volatility into the market, hence my estimate of a wider range.
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2 comments:
Great call on the low. Did you scoop there?
Carl,
You are absolutely the man! I have never ceased to be amazed by your many faces. Some day maybe I'll write a story about you. Or on inspired by you.
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