ES Journal - 2012

[mastacoli71]

Quote from mastacoli71:

market makers still have stops to run for those that got long end of last week. i see 1335 and 1316 as the 2 key levels if they try to take it down that much before taking it above the 1375.25 high.

this is what i am seeing and what i feel has the higher probability of happening.

now that we opened lower, still looking for 1335 and 1316 to be taken out before heading to last weeks high.

 

[tycoonman]

Quote from mastacoli71:

now that we opened lower, still looking for 1335 and 1316 to be taken out before heading to last weeks high.

same thoughts

 

[ammo]

nearest supp in spx is the 33-35 area

 

[gmst]

long 1345

 

[ammo]

Quote from ammo:

sh 50 5

41.5 bid,for reduce flat 43.75

 

[ammo]

trend?

 

[EliteThink]

cash 1343 is the 50% retrace mark. Today's low was 1346, that may be close enough to make a run for the highs.

 

[ammo]

inside bar for the day in trans but only one point off its low,new low we probably continue down..just made a new low by a few cents as i was typing this

 

[ammo]

sh 47 4 .5 bid add 7 75 out 7 75

 

[ammo]

long 50 ..49.75.. 1.5 pt stop reverse 48.75 add 49.5 target 45