/ES S&P Futures mid day outlook 6/27/12

« Back to Group Discussions

weekly es chart running into its 1 month POC at 1326.

A move over and price has a good shot at hitting 1360. 

I'm looking to see what/if we get a retracement back to 1320

Daily chart here showing price over it's POC and inside the auction

4hr chart here showing price back inside the auction/rotation with support at 1320

5min chart showing today's POC at 1324. I don't really have a solid read right now or entry point. Currently SOH

until I see something I like.Not looking for any shorts at the moment though. Only longs.

$tick 30min POC on this 1min chart a little high. I typically don't see moves up with it this high but

it's not out of the question. I like the pullbacks after the 30min POC on the 1min chart is in the negative.

I've been moving so this is the first time since my last trade I've looked at a computer screen. 

EDIT - In the very first screen shot on the weekly, I mentioned a move over 26 and hitting 60...did not mean for that to be today. definitely a longer outlook there...

$tick 30 min poc on the 1min went negative at 11am PDT

Price hit and pulled back to the daily POC at 1324 on this 5 minute chart (mentioned above as well)

price has moved up 2 points since then. see if sticks. still looking for 30 today.

ignore my stops...they are just there, not actually where I would take my hit. 

Originally Posted by BobK 

How the hell do you expect me to keep up when you keep changing things? Just kidding, I don't want to keep up. I'm happy where I'm at for now.

everything's still the same, just a different look.