ES Journal - 2014

[ammo]

sh 59 offer 60,61 ,62

add 63 5,,,,,,,,,,65.........avg 61.75..reduce 63.5(-1.75)

 

[iloveoptions]

Asking 1767.75 for a short, with an add at 1774.25

 

[Spectre2007]

trendie break

 

[tradingjournals]

QQQ at 85.88. My models are telling me to get out of longs, and to start trading the short side.

 

[Spectre2007]

interesting.....1929 analog

 

[Spectre2007]

recent chart look accurate

 

[Spectre2007]

recent chart look accurate

http://online.wsj.com/news/articles/SB10001424052702303722104579240330719261434

 

[jas_in_hbca]

Nice chart WT. That's how I've been seeing it . Although I've called the end of the C wave twice before This is third time a charm ?

I'm thinking today should be beginning of Wave 2 and then the big wave 3 down.

Here is one possible wave count for the full move off the 2009 lows. I see a possible retrace back up to that gray line over the next 3 weeks, if the pattern continues (red circles).

Since the entire up trend was fueled by QE (and since it may be time to end the ponzi and preserve the dollar), this may be the beginning of something huge. The can might just disintegrate if it is kicked again.......

:eek:

 

[ammo]

Originally Posted by ammo View Post
sh 59 offer 60,61 ,62
\add 63 5,,,,,,,,,,65.........avg 61.75..reduce 63.5(-1.75)

add 64.5 avg 62 2/3

 

[iloveoptions]

interesting.....1929 analog

So another 6000 points higher on the Dow before we tank hard.