ES Journal - 2013

Quote from RichardRimes:

since there was a touch of 1593 yesterday evening I would NOT call it the worst "call" in trading history:D ...actually pretty good a little early and 3 pts shy of an actual hit.... not to mention Monday is not over....
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surf couldn't trade like risk on his best day, such a tool sometimes. All hat and no cattle!:D
 
Could be, still sitting on the other side of that but that's what makes a market. Shorting here as well at 40.75 for the day, expecting lower close tomorrow under 26.


Quote from hafez50:

es just ran 5 pts to near 1642 fast. Looks like were going higher yet again over the coming weeks.
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So strait what do you do scale in short to hold as this runs higher?i

Expect some downside but i'd rather wait for earnings to come out and some weakness. many indexes and etf's like iwm and xlf and xrt's hitting all time highs.I want to make sentiment doesn't go crazy as we approach all time highs
 
1648 or 9 is where I would be trying to get short and then if it breaks that ledge from a few weeks ago stop and reverse. If it doesn't get there anything below 40 could also be a short signal.
 
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