ES Journal - 2014

[nillionaire]

Good job volente.

 

[pinkman]

Nice bounce. I love this instrument!

Looking for a nice push up Monday

Happy weekend, all

 

[ammo]

"ammo


Registered: Feb 2007
Posts: 19705


01-07-14 01:24 PM

spy higher high higher low may have to retag that 84 5 area for a 3 step drop pattern to 173

2014-01-07-prophet.png spy.png"

not holding my breath but this pattern completed today

 

[ammo]

3 step 1987

 

[mastacoli71]

Quote from ammo:

3 step 1987

Do you think this had the characteristics of a distribution day?

 

[ammo]

its so well disguised i cant tell, there are indicators you can use but dont know em well enough or trust em

 

[volente_00]

Quote from ammo:

"ammo


Registered: Feb 2007
Posts: 19705


01-07-14 01:24 PM

spy higher high higher low may have to retag that 84 5 area for a 3 step drop pattern to 173

2014-01-07-prophet.png spy.png"

not holding my breath but this pattern completed today

H&S on es and spy

 

[drownpruf]

Tomorrow will be ugly.

 

[ammo]

for the record that pattern is so rare you cant really bet on it,just pointing it out,have several times and it rarely plays out . we do have a long term trans tl and dow tl as res,as far as hns ,there is an ihs in spy with a rising wedge,so longer chart is bullish and shorter pattern bearish,longer usually trumps shorter

 

[ammo]

http://imgur.com/COrirE5 trans long term