Day Note for Oct 19, 2018
19th October
Up, down, up down lots of volatility but a coin toss market IMO.
We've filled in the middle of the profile a bit but I don't see this helpful for today. In face, we are in the middle of the weeks range right now.
Yesterdays idea for no trades between 2800 and 2820 paid off - although you'd have needed to hold on tight or get in a 2nd time for it to have really paid off.
As per yesterday, there are announcements - but I think the volatility is the theme of the day and doubt it'll be relevant.
Plan
- Not an ideal location to be ing at, at the moment - middle of the weeks range.
- look for a break below yesterdays low and volume coming in
- otherwise, just proceed with caution - it could take off either way but IMO plan for the day should be avoiding chasing the market too much and getting caught up in volatile chop.
Weekly Numbers
Range - 2745.25 -> 2824.25
Value - 2747.50 -> 2802.50
Daily Numbers
Range - 2756.50 -> 2814.75
Value - 2775.25 -> 2814.75
Globex - 2771 -> 2785.50
Settlement - 2772.25
Long Term Levels - 2797.50, 2868.75, 2892.75, 2922.50, 2697
Click on the microphone icon and begin speaking.
Speak now.
No speech was detected. You may need to adjust your microphone settings.
Click the "Allow" button above to enable your microphone.
Permission to use microphone was denied.
Permission to use microphone is blocked. To change, go to chrome://settings/contentExceptions#media-stream
Web Speech API is not supported by this browser. Upgrade to Chrome version 25 or later.
19th October
Up, down, up down lots of volatility but a coin toss market IMO.
We've filled in the middle of the profile a bit but I don't see this helpful for today. In face, we are in the middle of the weeks range right now.
Yesterdays idea for no trades between 2800 and 2820 paid off - although you'd have needed to hold on tight or get in a 2nd time for it to have really paid off.
As per yesterday, there are announcements - but I think the volatility is the theme of the day and doubt it'll be relevant.
Plan
- Not an ideal location to be ing at, at the moment - middle of the weeks range.
- look for a break below yesterdays low and volume coming in
- otherwise, just proceed with caution - it could take off either way but IMO plan for the day should be avoiding chasing the market too much and getting caught up in volatile chop.
Weekly Numbers
Range - 2745.25 -> 2824.25
Value - 2747.50 -> 2802.50
Daily Numbers
Range - 2756.50 -> 2814.75
Value - 2775.25 -> 2814.75
Globex - 2771 -> 2785.50
Settlement - 2772.25
Long Term Levels - 2797.50, 2868.75, 2892.75, 2922.50, 2697