ES Journal - 2012

[Laissez Faire]

The way I read this is that we`re consolidating and building energy in a flag before the next thrust up to 1402,50.

Sorry shorts. I hope I`m wrong.

 

[Lespaulr0cker]

There goes the stop run

 

[creekboy]

reduced 1/2 at 1995.75 for free trade -stop 98.50 now target 84

 

[Laissez Faire]

Quote from Laissez Faire:

1395,50-96 ideally support from here.

Let`s see now.

Dropped further than I anticipated, but if this level still holds, I think we still have a chance to go higher for the day.

 

[creekboy]

looking for 1394.50 and 1393.50 to confirm 84 area

 

[creekboy]

flat for now

 

[tomahawk]

Quote from Laissez Faire:

The way I read this is that we`re consolidating and building energy in a flag before the next thrust up to 1402,50.

Sorry shorts. I hope I`m wrong.

I think you're right, it wants to fill the gap.

 

[Laissez Faire]

Quote from tomahawk:

I think you're right, it wants to fill the gap.

Resistance at 97,50, but I don`t think it will hold.

So, unless we print a double top here, I think the gap fill is in play.

 

[creekboy]

short sitting @ 1398.50 --2 tick stop -- target 80--high risk

 

[keeptradin']

Quote from Laissez Faire:

Resistance at 97,50, but I don`t think it will hold.

So, unless we print a double top here, I think the gap fill is in play.

NQ making new highs, ES looking like it wants to go too. Gonna try to get outta my short B/E if we get a pullback into the close.