ES Journal - 2012

[ammo]

reduce

 

[ammo]

reduced again, touch of blue line need to break 05 circle from the orange ish line, reason for not touching is because there may be sell stops there, need to load up shorts before going thru it, haven't a clue, just making this stuff up,flat for now

 

[ammo]

smaller pic

 

[Lespaulr0cker]

Quote from ammo:

market is misbehaving, tells of a turn?, ship unloaded longs, loaded shorts, ready to leave port?

Almost ready, just letting the suckers finsh up building their longs as they finish putting on the shorts. Then it's anchors aweigh!

 

[ammo]

not a bollinger user but we are holding that mid,there are a few mp numbers there a break of 05-7 gets to 99 ,its wider than the 05-07 so its a more important number,i see it as a stronger magnet , that trendline and 1387 match up around 11/5 on the calendar,next thurs is end of month

 

[ammo]

uvol dvol crossing cash 1409, will test 07, see what happens

 

[gmst]

1404 is an excellent buy area. We will definitely get above 1410 today. No more buying margin unfortunately.

 

[ammo]

02 -98 is a wide spot on the 6 month,hopefully that will hold for you gmst

 

[Spectre2007]

It's riskier to be short a derivative that's been uptrending for a few years. Unless you feel significant money flows will leave equities and change dynamics of long term trend. Every long for the past few years has been made whole versus a short, where price hasn't gone back to let them exit.

If your banking on a turn in the long term trend then odds are against you. A low vol run up kills shorts.

 

[ammo]

its not a certainty but one of the rules for an hns is that it needs to retest the neckline before the bigger move, that's 1420