ES Journal - 2012

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Quote from bigsnack:

I think if we can revisit 39.75's we'll pop to the top of the profile, but aside from that I've got nothin'...



so much for Ye Olde NFP Fade...
 
Quote from ammo:

theres a 5pt bear flag ,41 to 36 if it breaks here,and a gap to 34 in cash

tactically, it seems to me, this would be the perfect spot to "price in" a Greek default so as to rally hard no matter what the outcome.
 
europe can't agree on anything,just churns rumors of what might happen, meanwhile keeping all eyes on greece,several invisible elephants in the room
 
Quote from tortoise:

If this is the new normal, it's the end of daytrading

Sucks for right now, but bear in mind ES has lapsed into these 6-8 pt. daily range kind of periods a few times over the past 5 years or so, and really, periodically since the beginning. Volatility and volume will return, I think it's just a matter of surviving 'til then and not getting caught off guard when they do. :)
 
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