ES Journal - 2014

[ammo]

NOT LOOKING GOOD FOR NFP TOMORROW

 

[mastacoli71]

Quote from ammo:

NOT LOOKING GOOD FOR NFP TOMORROW

Mkt keeps trying to get through the low 20s. The more it tests that level the higher prob it breaks through.

 

[RichardRimes]

Hard to disagree however in recent past when the lows were successfully repelled mkt jumped up significantly ...

 

[Trader.Fighter]

Quote from mastacoli71:

Mkt keeps trying to get through the low 20s. The more it tests that level the higher prob it breaks through.

Or the uptrend is painting a bear trap pre NFP to trap shorts yet one more time.

 

[pinkman]

Quote from RichardRimes:

Hard to disagree however in recent past when the lows were successfully repelled mkt jumped up significantly ...

yes.
Hoping for a big rally tomorrow to my initial 1850 target

 

[mastacoli71]

Quote from Trader.Fighter:

Or the uptrend is painting a bear trap pre NFP to trap shorts yet one more time.

Wouldn't be the first time . Trend is still up so no arguments from me.

 

[pfranz]

Quote from pinkman:
Hoping for a big rally tomorrow to my initial 1850 target

Everything (from yesterday) seems to indicate we'll go up

 

[mastacoli71]

Ouch

 

[pinkman]

Quote from mastacoli71:

Ouch

it'll rally back to new highs, soon enough

 

[mastacoli71]

Quote from pinkman:

it'll rally back to new highs, soon enough

Like I said yesterday no arguments to thinking that but those numbers were not good and feds out of ammunition.