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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

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Dots

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Thursday, September 08, 2011

Range day so far...

My running observations from 10:30ish...

Range day so far. Price does not want to stray too far away from Daily VWAP on TF (701.60)...also Daily Volume Profile POC @ 700.70.

Cummulative TICK see-sawing from high to low extremes (above & below +/-800).
 
Thin liquidity on 1st day of Dec '11 contract for TF...don't feel compelled to trade yet.
 
TF "stuck" in between "means" of reg. channels on 4 hr: http://screencast.com/t/7zJIbTc1tGK
 
Bull flags, basically, on 4hr charts of YM, ES, NQ & TF. So far, U.S. markets not inclined to follow Euro plunge...VIX has almost filled its gap...will see what happens in the next 1/2 hour or so. VIX gap now filled.
 
200sma has crossed below 50sma on 60min intraday charts of Dow, Major Market Index, Nasdaq Comp, Nasdaq 100, S&P 100, S&P 500 & Rut...will see if it stays below or not over the next day or so.
 
Daily Volume Profile POC has moved up to 704.40 on TF...MMs trying to hold price above 705.00 (resistance from pre-market & since the open).
 
Guess we're in for higher gasoline prices...
 
Just saw the 2 week weather forecast for my area...looks a lot more interesting than my charts this a.m...will call it a day...good luck to anyone trading today.