ES Journal - 2012

[ammo]

nikkei broke above and came back to that 3 yr res line

 

[Lespaulr0cker]

L 1420.50

 

[Builder17]

Quote from Builder17:

30.75 short
stop 35
target 22

taking one at 26.50

EDIT stop to b/e too

 

[ammo]

anyone familiar with the wolf wave pattern smaller circle is a w pattern that may get to 1450-60 area,larger circle may or may not be the wolf pattern..flattened short at 27 75

 

[Lespaulr0cker]

Quote from Lespaulr0cker:

L 1420.50

Out 1422.00

 

[Spectre2007]

If the banks are betting better growth contrary to FED statement, then they anticipate improve ment in profit picture next year. They could try to crawl higher but what would be easier to do is hit the market in anticipation of buying at better prices. Once enough short interest is in then gaps higher could occur. The market has to think a recession may be in the cards.

 

[gmst]

short 1429

EDIT: Add 1429.75

 

[ammo]

i haven't enough experience watching this pattern ,hence the question , but here's bearish look after a big up leg http://www.chart.nu/wolfewave.htm

 

[Laissez Faire]

Any action today? I have connectivity issues.

 

[uptickk]

Less than 5 point range....