29 Dec 2011
Here's a stab at an ES estimate for tomorrow
(perhaps a buy caret day?)

(PS ignore the bottom chart that was me fooling around and the red box is the same range as today 18.25 offset.)

aquarian1 

29 Dec 2011 Here's a stab at an ES estimate for tomorrow (perhaps a buy caret day?)

Here's how we are doing so far...

My estimate for the high was Ok (within 2pts) but the low was too high.
Though I am trying again with the low end it may well be little volume and range being the 30th

Happy New Year

I have decided on some New Year Resolutions
1. Stop arguing with people and stop saying anything negative.
2. Eat more vegetables.
3. Go for a walk each day.
4. Drink more water.
5. Have a daily quiet mediative time.

All the best.

Tuesday, Jan 3 2011

Markets look like a pre-opening jump. Will be interesting to see if gap up stays open by close.
I wouldn't fade this move though, the first week of trading is likely to be unpredictable and light volume as people get back into the swing of things.

I'm not sure where the rotation stands - I think the cycle may be broken and will need to re-establish itself.

Guesstimate for today
Tuesday 3 Jan 2012

aquarian1 

Guesstimate for today Tuesday 3 Jan 2012

For RTH:

So we had 1273.50 as the open est - and the open was 1273.50
We had 1278 as the high est and the high has been 1279.50 - so far (11:12 CT)

nap time!

Results of 3 Jan for range est

High est ok (not quite high enough) and range estimate to narrow (i.e my est of the low was too low)

up late this morning. I had to sleep in. I don't know how well the New Years resolution of a walk a day is going to work - there doesn't seem to be enough time.

No pre-market estimate for today.

Based on yesterday's action I would expect continued narrow ranges for today and the balance of the week.

Wed Jan 4 at 22:22CT
I'll try to update this estimate before 8:30 opening of the ES.
I'm using a 6.75 drop between Ycls and Open which might be too much.