Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

UrmaBlume

Morning Outlook (10/07)

By UrmaBlume, in General Trading

Recommended Posts

UrmaBlume    10

UrmaBlume
Posted

From

this report and as the market makes new lows in the nite session:

 

"1 hour before the Open this shot of the Market Heads Up Display HUD shows

Net Selling of -6,357 contracts on average volume with a sell bias.

Trade remains between nite support at 1,048 and resistance of 1,054.

Longer term resisntance is at yesterday's high of just above4 1,056, we think that will hold

with new session lows in the forecast for today."

 

This shot of the HUD reflects average volume and a selling bias:

 

100709hud1.jpg

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Go To Topic Listing
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept