Day Note for Dec 04, 2018
4th Dec
No major reaction to the gap up. Lots of contracts but just a push down and then back up. We didn't quite get to our 17-24 level but got as close as 15. Still eyes on that & the gap close at 64.75.
Not much volume from here down to 2745, so if we so push down, we could easily blow through 64.75.
Yesterdays value held overnight so far. So eyes on the day trader levels (below) today.
Not much news to shift us today.
Plan
- Neutral bias going in, opening trade on
- Watching day trader levels + the 2817-2824 area and the gap close at 64.75 as well as 2745
- Gut feel is any break down will bring in sellers but the gap close is pretty close now.
Weekly Numbers
Range - 2631.50 -> 2764.75
Value - too elongated
Daily Numbers
Range - 2773.50 -> 2802.50 / 2814.25
Value - 2780 -> 2792
Globex - 2767.25 -> 2791.25
Settlement - 2790.75
Today only - 2817-2824, 2764.75
Long Term Levels - 2797.50, 2868.75, 2892.75, 2922.50, 2697
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4th Dec
No major reaction to the gap up. Lots of contracts but just a push down and then back up. We didn't quite get to our 17-24 level but got as close as 15. Still eyes on that & the gap close at 64.75.
Not much volume from here down to 2745, so if we so push down, we could easily blow through 64.75.
Yesterdays value held overnight so far. So eyes on the day trader levels (below) today.
Not much news to shift us today.
Plan
- Neutral bias going in, opening trade on
- Watching day trader levels + the 2817-2824 area and the gap close at 64.75 as well as 2745
- Gut feel is any break down will bring in sellers but the gap close is pretty close now.
Weekly Numbers
Range - 2631.50 -> 2764.75
Value - too elongated
Daily Numbers
Range - 2773.50 -> 2802.50 / 2814.25
Value - 2780 -> 2792
Globex - 2767.25 -> 2791.25
Settlement - 2790.75
Today only - 2817-2824, 2764.75
Long Term Levels - 2797.50, 2868.75, 2892.75, 2922.50, 2697