ES Journal - 2012

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Quote from Laissez Faire:

Yes, I see it as well.

Holding the 50% and defending yesterday`s close was important and now with prior day`s high at 81,50 being support, a run towards 90-92 looks like it is in the cards.

I just don`t feel like gamling myself, so I`m just watching. :)
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This is where heroes are made...and killed.
 
Are you long, bigsnack?

These are perilous waters. I see 90, I just don`t feel strongly enough about it. It also takes us slightly outside the average range and the market seems tired here at the highs.

Shorting a break of 81,50 would be the only acceptable trade for me before the close, possibly holding it over night. Just not sure we`ll see that either. :p
 
Quote from Laissez Faire:

Are you long, bigsnack?

These are perilous waters. I see 90, I just don`t feel strongly enough about it. It also takes us slightly outside the average range and the market seems tired here at the highs.

Shorting a break of 81,50 would be the only acceptable trade for me before the close, possibly holding it over night. Just not sure we`ll see that either. :p
More...

I rarely trade live in the afternoons, but I am SIM long 82 evens. I will TP at 88's if we get there before the close. The shape of the chart looks long all the way, and the TICKs are all confirming.

EDIT: so far :)
 
Quote from bigsnack:

I rarely trade live in the afternoons, but I am SIM long 82 evens. I will TP at 88's if we get there before the close. The shape of the chart looks long all the way, and the TICKs are all confirming.

EDIT: so far :)
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Got it, boss.

Risky to enter anything from here anyway, but the market does appear tired.

Open gap down tomorrow? :)
 
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