ES Journal - 2012

[Laissez Faire]

Double top and broke the 50% level now.

Not any real down side momentum yet, so it`s hard to say.

 

[keeptradin']

Quote from keeptradin':

No more Fridays for me.

I am sticking to my plan today, and have my platform set to "sim" to avoid temptation.

Market seems to be lacking direction after the big down move during the ETH session. I would guess that many big money traders have already headed for the hills for the weekend, esp. as it's the first day of the month.

 

[trickshot]

Quote from trickshot:

S90

Half off 86, rest stop to B/E.

 

[keeptradin']

Sim Short @ 86, stop 89, target 80.

 

[Laissez Faire]

Double bottom for now.

Will probably short the break if it happens.

 

[ammo]

Quote from ammo:

reduce 85.75 on the spy ledge tag,,add 90..91

reduce 86.25,reduce 84.5

 

[mastacoli71]

Quote from mastacoli71:

bidding 1282

scratch this, 1278 bid now

 

[trickshot]

Should be heading lower towards 80/81, but I think it will be a very slow grind.

 

[Laissez Faire]

80 looks evident by now.

I wonder if we`ll see even lower levels today?

75 next below.

 

[DanS]

Long 84.75, stop 79.