ES Journal - 2012

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Quote from chaykapwr:

1329 is SERIOUS resistance. The 18-25 was decent resistance and we got a couple of good reactions of it.

I would like to see us move up to 29 and then drop hard. If we breaks 40, the we will hit 56.


However, in the medium term i have turned bullish on the S&P and my target is 1500 minimum (1525 to be exact)

I expect a huge down move after this zone

1329-1340
 
Stock indexes near 52 week high, yet Bernanke treats Fed policy like were at a 52 week low. This is what you call a rigged market....yes yes it's all rigged.
 
Quote from gmst:

. Even if we go down 8 points say, why won't we snap back up like we have been doing for last 15 days. Thats what I am wondering.


Who says it won't, but it does not really matter.Who is to say that the OP is not actually reverse trading what they have predicted.All prices/projections/targets are lines in the sand.

Being right means nothing.Being profitable means everything.
 
Quote from Rickshaw Man:

Nearly everyone on this thread is looking to short. We need you guys, thanks for all you do here.

Yeah, and you are 1 out of 4 this week . Buy close ,sell opening. And not made one cent. So much for 79% success:eek:
 
Quote from Rickshaw Man:

Nearly everyone on this thread is looking to short. We need you guys, thanks for all you do here.

The flow of the orders is completely different today. Today does not feel the same as the previous up days to me, and I'm a perma bull.
 
Quote from Rickshaw Man:

Nearly everyone on this thread is looking to short. We need you guys, thanks for all you do here.

Hmm...I see a remarkable degree of open-mindedness on this board...
 
Quote from bigsnack:

The flow of the orders is completely different today. Today does not feel the same as the previous up days to me, and I'm a perma bull.

could you elaborate a bit?
 
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