tag:blogger.com,1999:blog-12333088.post1176122912060405920..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Late updateCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-12333088.post-13986836707924533892010-06-02T07:51:35.859-04:002010-06-02T07:51:35.859-04:00Been watching the ES for a few years now..daily......Been watching the ES for a few years now..daily...and as usual, every day is a new one and I try to keep my sights on price action, ranges, and volume along with other aspects such as reading candles carefully...with hard stops.dcatlowpjhttps://www.blogger.com/profile/03568127255552643343noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-2752720906033617732010-06-01T19:22:54.483-04:002010-06-01T19:22:54.483-04:00(IMHO)
Market is being driven by fear and risks ca...(IMHO)<br />Market is being driven by fear and risks caused by the international/national geopolitical events that seem to have the market spooked. <br /><br />Not much conviction to buy up any supply currently. money has moved to the sideline.<br /><br />See if we can hold support.<br /><br />Thanks Carl,<br /><br />JackJackhttps://www.blogger.com/profile/08838737982456501892noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-73992882319685354742010-06-01T18:29:24.224-04:002010-06-01T18:29:24.224-04:00Ah...what a volatile market still looking at guess...Ah...what a volatile market still looking at guess estimates.Straight from 1077---1094 and then downward trend.<br />I will listen to Dr.CarlFutia. <br />Anyway,guess estimates in this type of market were fantastic.<br /><br />Thanks for helping us !<br />GN!<br />23:28 in LondonNavhttps://www.blogger.com/profile/06774693125142705115noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-51567197861583202502010-06-01T17:58:43.565-04:002010-06-01T17:58:43.565-04:00Short. Tomorrow's action will continue downwa...Short. Tomorrow's action will continue downward, as there was a late push and sell off at the close.<br /><br />I will try a swing tomorrow on any pullbacks...or shakeouts.dcatlowpjhttps://www.blogger.com/profile/03568127255552643343noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-83008561764952832582010-06-01T16:27:16.297-04:002010-06-01T16:27:16.297-04:00my targer is ES1050..but either agree that this se...my targer is ES1050..but either agree that this sell off is nearing end..andihttps://www.blogger.com/profile/01602176400384456285noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-69436966254320602392010-06-01T16:05:22.164-04:002010-06-01T16:05:22.164-04:00What is magic about 1069? Seems like the downward...What is magic about 1069? Seems like the downward channel you had on May 26 is alive and well. A drop to the bottom of that channel is around 1025.smcneillhttps://www.blogger.com/profile/04020402063602026605noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-8530932243644337462010-06-01T16:03:36.235-04:002010-06-01T16:03:36.235-04:00Yes you're right about putting in the low and ...Yes you're right about putting in the low and go up from there. But the low is always a tricky one to predict. Who knows when it will stop dropping lower.Me XManhttps://www.blogger.com/profile/13867311283909743128noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-29939191195261293172010-06-01T16:01:34.381-04:002010-06-01T16:01:34.381-04:00I am in two minds given recent price action. My gu...I am in two minds given recent price action. My gut feeling is that the bear market in S&P has started. However the charts and waves still allow for one more possible move up to 1130-50 region. The chance for this move becomes more prominent if we can close above 1110 however given that 1092 zone acted as good resistence, I feel comfortable with the downside. So clearly it all depends upon how S&P behaves in current zone. My potential targets on downside are 1015-980-900.<br /><br />I will be selling any rallies if we get that upward move, and I will be selling all break downs as we break lower. The only way to make money in bear market.<br /><br />vs-trader.blogspot.comvs_traderhttps://www.blogger.com/profile/09847146620532403172noreply@blogger.com