ES Journal - 2013

Glad I had other matters to tend to. The run fizzled.

Now for a pounding (down) for tomorrow? Tempted to short the overnight.......

Most indexes I watch have now broken or smashed up against that steep lower tl on the 15 min / hourly charts over the week.

50-75 down on INDU before the weekend?
 
Quote from Trvlwanderer:

Glad I had other matters to tend to. The run fizzled.

Now for a pounding (down) for tomorrow? Tempted to short the overnight.......

I still think it goes down after end of quarter. Russ recon + qtr end window dressing may keep the Turd floating one more day. Tomorrow should be wild close.
 
Quote from Trvlwanderer:

Glad I had other matters to tend to. The run fizzled.

Now for a pounding (down) for tomorrow? Tempted to short the overnight.......

Most indexes I watch have now broken or smashed up against that steep lower tl on the 15 min / hourly charts over the week.

50-75 down on INDU before the weekend?

I've a hunch today was a bull flag. That said, I did put on a small position short at the close on the basis of the doji, etc. But I am ready to close and reverse long, if needed. If today was a bull flag, today's close will be huge support for another powerful leg up, first to 1622 area, then to the 1640s.

If we do drop, I suspect it will be shallow--down to 1601 or so. A "sideways correction."

But, again, I take it moment-by-moment.
 
Quote from tortoise:

I've a hunch today was a bull flag. That said, I did put on a small position short at the close on the basis of the doji, etc. But I am ready to close and reverse long, if needed. If today was a bull flag, today's close will be huge support for another powerful leg up, first to 1622 area, then to the 1640s.

If we do drop, I suspect it will be shallow--down to 1601 or so. A "sideways correction."

But, again, I take it moment-by-moment.

I could see this - looking at dollar/yen, it is very close to key levels on the way to 100.
 
Quote from rroverx:

I could see this - looking at dollar/yen, it is very close to key levels on the way to 100.

yeah, closed that short for a couple of ticks. just didn't feel right. or maybe i'm just tired.
 
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