ES Journal - 2012

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Quote from keeptradin':

Short ES @ 98, Target LOD, Stop HOD.

Added to short @ 1402, average @ 1400. Gonna try to get out of this thing breakeven.

Riduculously low volume, but it is Friday afternoon. :eek:
 
Quote from bigsnack:

Just adding more fuel to the fire guys! I see targets on the daily chart around 1450, especially if we close above 1400 - 1402. Without a -600 TICK in sight since 7:06 PST, I can only go one way with this thing.

I see possible targets of 1450-1470 but playing pullbacks which we haven't been getting, just ramp straight up. Natural ebb and flow of markets gone. Now, I wonder why......
 
Quote from creekboy:

id be happy to see 96.75 1 more time till we hit 03 again

I think if this bullish move is to stay intact, we will stay over 1400.75's. As long as we stay at or above that, I think we have some to-the-moon potential into the close.
 
Quote from bigsnack:

I think if this bullish move is to stay intact, we will stay over 1400.75's. As long as we stay at or above that, I think we have some to-the-moon potential into the close.

Not saying that can't/won't happen, but those types of moves require volume, and it's just not there today.

A short squeeze to the 1403 area would give it some juice, but once the stops are run it should fall back off again. Just MHO. :p
 
i agree bigsnack -thats why i reduced at 1401.25


Quote from bigsnack:

I think if this bullish move is to stay intact, we will stay over 1400.75's. As long as we stay at or above that, I think we have some to-the-moon potential into the close.
 
A short squeeze to the 1403 area would give it some juice, but once the stops are run it should fall back off again. Just MHO.


its always nice when 2 different peoples thoughts line up -


joy /// pain can be shared -
 
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