ES Journal - 2012

[Laissez Faire]

Double top potential here.

Possibly a good short any minute here.

 

[ammo]

91/3 way too lopsided

 

[ammo]

cash

 

[iloveoptions]

Quote from iloveoptions:

Filled. Asking 1382.75 to exit the 1377.5 long.

If I get filled today on last position, I will also reverse there and go short, but only as a day trade, with a stop at 1386 on it.

 

[Laissez Faire]

Is the top in for the day? I say there`s a good chance it is.

If so, Friday`s close should be within reach by end of day.

Needs to break intraday support at 75,50 first.

 

[Laissez Faire]

I`m pretty sure that algorithms or other traders use the intraday 50% level as input, because it`s rare to see it not be a reaction point with a fair amount of precision.

Often, it`s a good support zone. Other times, it simply postpones the intended direction for a short period of time.

 

[trickshot]

Repelled by 200dma twice, will it be 3rd time lucky or is this it?

 

[Lespaulr0cker]

Quote from Spectre2007:

Looking for 250 point up day from now till thanksgiving.

Today could be it, Dow cash +150ish so far

 

[ammo]

very hard to sustain this pace

 

[iloveoptions]

Quote from ammo:

very hard to sustain this pace

There's always a first to everything, and today could be it.