ES Journal - 2012

[Humpy]

Expecting another flattish day.

 

[mastacoli71]

JPM expected to report at 7am EST. should be some action on that release. looking at charts, might be enough to run stops at the 36 and 39 level before continuing the move down in the current channel. between those 2 levels would be a decent area to look for setup to go short with a stop above the 42.5.

wish i was trading the longer time frames right now.

 

[Humpy]

Quote from Wide Tailz:

So guys, here is the chart.

Looks like an ABC corrective wave, shaped like a declining wedge.

Market sentiment is getting bearish.....

Time to reconsider imho

Take a look at gold. It is going up still.

 

[trickshot]

L32.75, 6 pt stop.

 

[ammo]

spx

 

[ammo]

es

 

[ammo]

sh 37.25

 

[ammo]

Quote from ammo:

sh 37.25

add 38 ,offer 39 40..add 41..avg 39.05..offer 43..filled avg 40.36

 

[trickshot]

Quote from trickshot:

L32.75, 6 pt stop.

1/2 off 39, rest stop to breakeven.

 

[ammo]

nice trade