ES Journal - 2012

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Quote from JoshDance:

Haven't you heard man, "weird" is the new "normal" :p

lol. yeah, well, i guess i'm rusty.

specifically, aapl is having a hard time clearing it's opening 5-minute range...well behind nq.
 
Quote from JoshDance:

out flat ... it's probably gonna go, but major major spx support here, given it's a friday IMO -- the 2011 high held yesterday afternoon, and here is the retest

http://screencast.com/t/cLxb54et

edit: the market has been rotating around this point all week -- on a Friday, a nice breakaway and new highs could really put an exclamation mark on where this market wants to go.
weekly pic of your same scenario rotating around 71 ..last weeks upper nip looks around 63-64 http://www.charthub.com/images/2012/03/02/inside_bar_ES_Weekly
 
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