alleytrader

alleytrader

today my over under is 1910 Have 1915 as decent magnet overhead again 1890 for down side first level support 1923 and 1938 on the up side for on the move updates seek me out

alleytrader

showing SPX chart talking ES if we move down much then 1902, and that would be target if we stay below 1920, and back to 1940 if we can get over the 1920. a fast test to 1920 means nothing, hanging out over that level then i say 1940 again Big magnet 1915 daily commentary in my private chat room

alleytrader

last trading day of the worst Jan on record for the S and P, but from a day trade point of view it was heaven. Not much has changed this week and all numbers about the same, watch 1890-91 and if we hang out below for 30 minutes then look for 1875 as target. and buyer take hold look for the same upper of 1915

alleytrader

today looks choppy with a up side bias, could have a open that retraces and chops then looking for a 1915 target again. # 1915, 1895, 1891, 1879, 1870, need ideas visit my chat room at www.inthefutures.com

alleytrader

my o/u is 1890 and we are right there so open will be important info, over target # 1 is 1898 then 1901 and under targets are 1888-87 1882 daily evolving commentary at www.inthefutures.com and find the free chat room

alleytrader

today we will test the up side move and failure to get over 1890 could have a return trip to 1852, buyers could fail at 1882 and 1890 and if they don't fail then upside 1895 and 1898.5(gap) is up side Tuen into my private chat to get up dates during the trading day

alleytrader

having a platform that will not finish an update so running a bit blind, the up move got a bit of acceptance and now we see if a further up move is in the cards looking for the open response to see if we test over night high then drop or test 1897 and then move up to 1915, if it is a down day look for 1865 and then possible responsive buying at that level

alleytrader

1904 as res to next distribution 1856 to 1896 trading range if under 1904 area Watch the open and follow rotations, if we do not hold 1872, and do not hold 1865 then yesterdays bottom area is likely. On the other hand if we hold the upper portion of the overnight range and can push over 1900 the 1915 target is my up side view. Find me for ongoing daily updates...

alleytrader

showing SPX500 chart today but info is ES, today will have some interesting levels and how the market reacts will decide what way I play them, here they are 1895, 1874, 1849, 1835, 1814 more details during the day at www.inthefutures.com and click on the free chat room link

alleytrader

we have been in a decent sized sell off that has not found any meaningful buyers, and will not recover until we do, no matter how over sold we become. watch the open and see if we can get upward rotations if not then a down side to 1810 today is very probable, In the event buyers to make a showing today then 1856, 1870, 1876 are possible targets

alleytrader

Open is almost 1005 net long, so will watch open and see if we respond with selling the mid 1985 area and see if we find buyers to take us to 1914.75, if buyers fail then a move sown to 1870 area very possible. will keep you updated on the private forum

alleytrader

look to see if we break above 1900, below and find sellers then look for 1879, and if buyers take us above the 1900 buying a retest looks nice for a run at 1905 and 1920. Think I can keep it that simple. after or just before open could adjust that info, and to be current check out www.inthefutures,com and find the free chat room

alleytrader

Today, is 100% net long in the overnight and would think we burn some of that off. Will look for buyers at 1935, 1924, and back to 1915. if we retrace on open will look for reaction buying and then target 1951 and 1958. Action today could look like the first two days of the week action so will be watching for same type of thing until the market changes.

alleytrader

Today we bounce off the challenge for the lower distribution and look like the days action could follow the prior days action, important word could. today the area to defend for the buyers is down to 1922, if we can not find buyers in that area decent down side target is 1901. After an opening retrace that finds buyers and stays above 1922 we can be looking for...

alleytrader

today could bring a second choppy session but put a very low probability on a large lower move, Over under is 1913 and below target is 1911 or lower and above is to take out 1928.5 to as high as 1939. will be watching open and see what the market brings. for updates during the day see www.inthefutures.com and click on free chat room

alleytrader

the prior support now is Res. and we are on a bounce after the china scare. number to look at at 1970/1960/1950/1940 odd for me to have them all even numbers but they are today. distribution chart worked out pretty well in the carnage and should continue to do so. Thinking today could be a rotation day and finds itself in a range, it is Friday, so I will not...

alleytrader

today will watch and see on open what bigger time frame players show up, my first idea is a lower test to move up on the day, looking at teh test to start around 1952 and go to the 1935-1940 area, then grind higher on the day if we open to the upside then will see if a rejection past 1935 and if so will become a seller to as low as 1906 remember updated ideas...

alleytrader

Market could open with a drive to lower levels and this is the first real support i see, (thinner red line), the blue line below if Red does not hold becomes the magnet