ES Journal - 2012

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Will short 1417 if we get there and price weakens there.

16 was a resistance zone earlier, so we may reverse here as well. Still hoping for at least 1410 today (sorry Wanderer). :)
 
Quote from Laissez Faire:

Will short 1417 if we get there and price weakens there.

16 was a resistance zone earlier, so we may reverse here as well. Still hoping for at least 1410 today (sorry Wanderer). :)

Every dip has been bought over the past two weeks - that can't continue.

That said it also doesn't mean that it makes sense to start selling every dip. If I had to guess I'd say Friday's close will be lower than Monday's open, but chances are I'll be wrong.:p
 
Quote from Laissez Faire:

Will short 1417 if we get there and price weakens there.

16 was a resistance zone earlier, so we may reverse here as well. Still hoping for at least 1410 today (sorry Wanderer). :)

No worries.....makes for a market :eek:
 
Short @ 1415,50. Stop @ 16,50.

Intraday resistance here.

I have a hunch we may trade up to 17,50 before reversing, if we reverse at all, but I`m not willing to wait for that in case we drop from here.

I will trail a stop if we start moving, but I`m wishful of 1411-1410. :)
 

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