ES Journal - 2012

[ammo]

dvol over uvol

 

[Laissez Faire]

If lower from here today, I don`t think we should trade much above 53.

 

[bigsnack]

Expecting 54.50's at the moment.

 

[Laissez Faire]

Quote from Laissez Faire:

Sold 1364. Stop @ 1365,50.

Offering 1360 to the t-day boyz.

I`m wishful of 56-58 acting as resistance as a last resort, but I honestly think that if we find support again here at yesterday`s low, we have the potential to trade higher and take out my original stop and then some more for the day.

If stopped out for a profit, I`m ready to put my short back out later provided that I get the opportunity to do so.

Out to get some sunshine now.

 

[bigsnack]

Quote from bigsnack:

Expecting 54.50's at the moment.

Okay bears, you can have your way with the market now

 

[RXIS]

its lin-sanity.
Couldn't even grab a MA bounce scalp until YM hit 936.

And this is why runners should be kept.

 

[ammo]

sh 54,..add 54.5.. nice read snack,spy ledge .95

 

[Trvlwanderer]

unless we break this lower upward trendline, this is yet another entry for longs. Take this statement in context as the chart timeline shows this observation as a 2-7 day swing.

Breakdown and re-test on the shorter timeframe has decent probability as well...we'll see how it shakes. Until then, measured moves for point / point and a half anyone?

 

[trickshot]

Quote from ammo:

got within 4 cents,bounce 1st?,the trans chart ,that's a wide nip,good for support,dvol over uvol was only 2/1, a little less now...... for this last month or 6 weeks,selloffs have met buyers just above supports,avoiding hitting stops

Yea... looks like the assault on that support is over for now.

 

[Trvlwanderer]

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