ES Journal - 2012

[Lespaulr0cker]

Quote from Lespaulr0cker:

L 1455.50

Stopped out

 

[Lespaulr0cker]

Quote from Lespaulr0cker:

Stopped out

Did make a few ticks on my automated extreme $TICK software though

 

[RedTankEra]

Quote from RedTankEra:

Ammo,

Based on my studies we will test 1415 SPX before any massive breakout is witnessed (if any ) so sharing it with you so you can extend your greed on those reduces instead of taking small gains.

Will revisit the suggestion when the time is appropriate.

Good luck.

Looking good, should not take too long now.

 

[Spectre2007]

Quote from Spectre2007:

1440 target

1440 hit could go lower into previous consolidation congestion zone.

 

[macattack]

Quote from RedTankEra:

Looking good, should not take too long now.

So it peeked above that "magnet" line you referenced earlier & now it's doing a pullback which is common at areas like that; guess some people call it a bull trap.

Looks like 1415 would be a horizontal support area & also a diagonal trendline support area.

Plus it looks like the famous cup with handle pattern that everyone in the world will want to scoop up on the retrace (well every amateur anyway; I'm not sure about the institutions).

 

[Spectre2007]

1424..new target

 

[ammo]

Quote from RedTankEra:

Looking good, should not take too long now.

could ya post a chart red

 

[ammo]

spx short term

 

[ammo]

6 month

 

[ammo]

Quote from ammo:

32 bid for reduce

58 5/8 avg reduced 32, 53 stop on balance