ES Journal - 2012

[ammo]

any guess is as good or bad as he next 06 is better than 1402 or 1075

 

[lucky lucille]

Quote from lucky lucille:

good luck

add S12.50

cb 11

cover all 1309

tomorrows another opportunity

 

[Trvlwanderer]

Looks like we gonna test the neckline early in the AH session.

A gap down open under the neckline would be interesting.

Thoughts?

 

[romik]

http://www.elitetrader.com/vb/showthread.php?s=&postid=3396887#post3396887

Hello 12800

 

[ammo]

dow

 

[JoshDance]

Certainly possible to keep moving up on low volume as on the left side of the chart, but boy does it ever look like it's running out of gas on the right.

First indicator is just a line of volume. Bottom is 10 day moving average of volume to smooth it a bit.

http://screencast.com/t/2vAKWaPcwIBB

 

[ammo]

sh 07 trgt 87 http://www.chicagotribune.com/news/nationworld/sns-rt-us-sun-stormtre80m25q-20120123,0,916395.story

 

[bigsnack]

Quote from JoshDance:

Certainly possible to keep moving up on low volume as on the left side of the chart, but boy does it ever look like it's running out of gas on the right.

First indicator is just a line of volume. Bottom is 10 day moving average of volume to smooth it a bit.

http://screencast.com/t/2vAKWaPcwIBB

Josh,

I did a small amount of trendline drawing on volume a while back, and noticed that a trend break on volume typically preceded a change in price direction. If that theory holds true now, we should keep marching upward until there is a change in that volume trend. Good observation!

 

[Jestersofmalice]

Quote from Jestersofmalice:

long 1310

add 1304 - AVG long; 1307

 

[bigsnack]

Quote from bigsnack:

SELLLLLLLL

Looks like it wants lower to me at the moment. 1302's, 98.75's, 94.25's are lower targets to start.