ES Journal - 2013

[Builder17]

out 78.5. oh well

 

[murrica]

Quote from murrica:

Bidding 15825 on YM for a hedge on NQ short, will be touch of $DJI suppt, not counting on a fill but might snag it on daytrading capitulation.

Bad idea, lesson learned - just exit the position.

Out YM 15773.00, -52, -$260
Out NQ 3473.50, +45.25, +$905

 

[volente_00]

Quote from ammo:

shortage of buyers again, possible trend day setting up, dont know how likely they are on rollover days

up trend day with 84 and 92 in play

 

[ammo]

just watching these things,may or may not work out, dow just completed its tag of neckline for another hns to go with the spx and djt

 

[ammo]

spx dropped below hns neck, hit supp, came back and tagged neck,retag normal after 1st break

 

[ammo]

trans may or may not ,may have already retagged that neck...you have the 3 majors in distribution mode, barring the ppt or the banks who are dismantling many of their profiteering tools used for the last 5 years in fear of the volcker act restrictions, we should/could have a normal pullback

 

[ammo]

uvol dvol looking like a normal day,normal being a down day with dvol leading by small margin 1.8/1 , multiple crossovers suggest going nowhere and flatline suggest trend days, neither present,rollover day... there is 1 more pattern , a crossover that turns to one being a flatline, thats a key reversal.. a trick trend day ...just 4 patterns...just my 2 cents

 

[Visaria]

long 75.25

edit : stop moved b/e

 

[murrica]

Quote from murrica:

YM specifically is now in a very attractive triangle

Reviewing my ill-advised YM long -- lesson learned, trust the big picture basics, build from there (higher timeframes first). Don't fade breakdowns of clean consolidation:

If we get a rally today, looking for Russell futs to hit 1110+ for a short entry. edit: not likely to occur, it would seem.

 

[Visaria]

short 1773.75 dec