ES Journal - 2012

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Just as a sanity check, we are right at 20 day median volume pace for the day, and we are at 6.50 range so far. Not that it can't be extended, but failure so far to extend it downwards. I just would not be hoping for a huge day today. If we see it, it's another story, but just doing a (hopefully) objective analysis on the reality of the day so far.

edit: also, after a huge gap up in SPX, we basically had a 3 point lazy rally up, and have lazily meandered ever since then. Anything can happen but I would not bet on a huge move up either. Again, just trying to be a realist with what I actually see.
 
attempts at pullbacks have all been thwarted for last 2 weeks,there is clearly or misleadingly an agenda to take this higher,its exp week so the moves may be miffed so the boys can collect there opt manipulation monthly bonus,also a lot of earnings coming out so holding into it to collect on dividend plays
 
Quote from ammo:

for daytrading you can hold for a possible return to the neck tl of the mini hns in djt,ledge at 5164-66
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thanks, but i can't read that chart.

would you please highlight the salient points, when you get the chance.

sorry, but i am new to this type analysis.
 
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