ES Journal - 2012

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Quote from mastacoli71:

If that 1307.5 holds as resistance
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That`s a 32,75 point RTH range. Possible, but not likely in my opinion.

Losing some steam here now though. Could be a top. The top. Or simply consolidation. :p
 
Quote from Laissez Faire:

That`s a 32,75 point RTH range. Possible, but not likely in my opinion.

Losing some steam here now though. Could be a top. The top. Or simply consolidation. :p
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sorry, not today but move to that number will start today
 
Quote from Pekelo:

Apparently, the show wasn't quite over, one more 1402 to 1404 move, but now we are so close to the open that nothing else is guaranteed. Based on the daily, I am bearish. Since we kind of closed the downgap from the 1407 area, we could just tank from here without gaps left behind....
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We did close today's gap after the open and nicely the market closed yesterday's downgap too (the no gap left behind policy), after that, it tanked hard. My bet is that we close the upgap from 1390 (cash) by Wendesday's close....
 
Nice call to those of you who caught the short side today. Nice entry, gmst.

Should probably see at least yesterday`s low.

Not so sure about mastacoli`s target, but maybe it`s one of those days. :)

EDIT: Bounced from S1 at 1398. Also a 9 point swing.
 
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