Thursday, March 26, 2009

Range Estimate


Here is a five minute bar chart of the e-mini day sessions. I am sticking with my range estimate of 805-835 for today (blue rectangle). I put the low of the range at the midpoint of yesterday's big break from 823.50 to 787.00.

I think yesterday's late rally was a small demand shock (green arrows). If I am right about this the market will not go below 805 and should be trading at 845 within a couple of days.

4 comments:

Anonymous said...

hi carl,
I am looking for the web site of 'joe'
something like 'www.tradeaffiliate.com'
pls tell me your site joe?

Anonymous said...

joe: http://www.tradersaffiliates.com/INDEX.htm

Anonymous said...

http://www.tradersaffiliates.com/

Anonymous said...

THANK YOU CARL
YANNIS
GREECE