ES Journal - 2013

Quote from gmst:

so have we turned up for the day?
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i think if we go beyond the high created just now, its game over for the shorts.

I think --- If this upper high of 1791.5 gets respected, we are going to go lower and create a new low.

EDIT: 1794.25 is another major intra-day high that will be the last defense for the short side, imo. It will also be good 8.5 points from the low---enough i guess to completely nullify any more short side trade for today.
 
Quote from gmst:

i think if we go beyond the high created just now, its game over for the shorts.

I think --- If this upper high of 1791.5 gets respected, we are going to go lower and create a new low.

EDIT: 1794.25 is another major intra-day high that will be the last defense for the short side, imo. It will also be good 8.5 points from the low---enough i guess to completely nullify any more short side trade for today.
More...

A pullback to the 94/95 area as R would set up a measured move to the mid 70's range low, but shorts would definitely be nervous above that.
 
Quote from gmst:

i think if we go beyond the high created just now, its game over for the shorts.

I think --- If this upper high of 1791.5 gets respected, we are going to go lower and create a new low.

EDIT: 1794.25 is another major intra-day high that will be the last defense for the short side, imo. It will also be good 8.5 points from the low---enough i guess to completely nullify any more short side trade for today.
More...

98-99 in play


5 min Hns or des triangle would target 82.5

And trigger a long entry for a move to 94/95
 
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