Normally, this is where the daily ranges given to our subscribers would be posted, then follow with a review of the day. Due to an error in the format for the screen shots, I decided to add some of the screen shot in a special blog, and released the BOT Ranges early for everyone. With 100s of visits per day, hopefully some you used the data to profit in a great trading day.
If you missed it, this is a copy of "10/9" blog, and the US market update:
There are no fundamental changes to suggest the bull can continue. Greece is and will remain a problem, but who does not have financial skeletons? The Euro will remain. Europe without the Euro has proven to be a bigger fear than the financial issues with the Euro. But markets are always looking at the future. Not what is happening today.
The bull ES has 3 targets that need to be tested. Two have been hit, and we are at one of the targets. The targets are: 1161.25, 1166, and 1171.5. I'm thinking the October surprise came early. The surprise this year is a return to higher ground. The issue for the bull: The daily ranges of many markets (including the ES) are at the top of a bearish biased channel, and there is always the risk of a rollover. But given a break out, the 4th quarter becomes very bullish for new yearly highs.
6E looking for 3414 3495 3534. Longer term, 3691
NQ 2228.25 2258 2284
REVISED FOR THE US MARKET: 7:05 am est
ES 1171 1168 1165.75
NQ 2232 2228.75 2225.75
YM 11206 11178 11166
TF 667.8 666.5 665.1
6E 3589 3565 3539
CHECK THE RANGES, CHECK WHAT THE MARKETS HIT. BOTs WORK. Got to love the newsletter crowd that-at the end of the day- tell you DJIA soars 300 points. Would be nice to have a "road map" before the trade day starts.....
NQ
ES
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