ES Journal - 2012

[ammo]

see it thnx

 

[mastacoli71]

bulls getting tired, day of rest, or 1375 truly a strong point of resistance.

anytime mkt tests the 1375, really no spike in volume.

 

[nillionaire]

Now the market's coming back up but the H&S neckline might be holding as resistance.

 

[gmst]

Quote from mastacoli71:

bulls getting tired, day of rest, or 1375 truly a strong point of resistance.

anytime mkt tests the 1375, really no spike in volume.

today there were 3 data points - we missed all.

Claims are an important data point - they have been going up - markets will go down.

2-4 weeks from today, ES will be below 1375.

 

[ammo]

trans needs to hold this line

 

[ammo]

goog earnings after the bell http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html long a few 560 puts at 2 75

 

[ammo]

Quote from ammo:

add 72

avg 73.5..bid 60 75 for a reduce

 

[Wide Tailz]

So guys, here is the (very bullish) SPY chart.

But it's tracing out a rising wedge, which looks very suspicious.

 

[ammo]

spx 30 day

 

[DanS]

long 62.50