ES Journal - 2012

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Quote from DanS:

Where will this end before we see a pullback? I am thinking around 68 now, but anyone have any good insight?

SPX 1374 is one key area. if it gets above that, a lot of open water to make a run to 1391, need big catalyst for that.

market makers doing their thing right now.
 
Quote from mastacoli71:

SPX 1374 is one key area. if it gets above that, a lot of open water to make a run to 1391, need big catalyst for that.

market makers doing their thing right now.

catalyst could be ecb rate decision.
 
Quote from sttrader:

catalyst could be ecb rate decision.

jobs # on friday also. not saying the market will not test the 1391 my gut says the last long term shorts standing stopped out around the current 1370 level SPX. also consider trend line below 1400, maybe market needs to test that before going lower. all i know is what i don't know.
 
Quote from sttrader:

Manip up, manip down. Could go as high as 1375 before we see pullback. AH might see higher prices to that range although we are in turn zone now for short-term pullback. No such thing as free markets, only easy money from trading.

I think you just might be right. 75 looks just around the corner.
 
Quote from gmst:

Short 1 ES 1368.75

covered @ 67, another cover order at 66.5

Edit: covered another at 66.5

Currently, one open short position

New short orders @ 68 and 68.25
 
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