ES Journal - 2014
- Thread starter murica
- Start date
Quote:
Originally Posted by ammo
add......68 75 offer 70 71 67.91 avg. reduced 66 .5
add 78...........
short ad 83 5 avg 76
http://i.imgur.com/Z06MIMZ.png cash working the 87-93 nip
http://i.imgur.com/w9NgJsP.png neckline on the hns is 76, 1st res was 81,now supp 2nd res is 91
http://i.imgur.com/HhEnJBg.png trend day since 9 30 cst
http://i.imgur.com/PUUyoVr.png es nip 83-84
Originally Posted by ammo
add......68 75 offer 70 71 67.91 avg. reduced 66 .5
add 78...........
short ad 83 5 avg 76
http://i.imgur.com/Z06MIMZ.png cash working the 87-93 nip
http://i.imgur.com/w9NgJsP.png neckline on the hns is 76, 1st res was 81,now supp 2nd res is 91
http://i.imgur.com/HhEnJBg.png trend day since 9 30 cst
http://i.imgur.com/PUUyoVr.png es nip 83-84
VIX was too high, so they clean the SPY bears.
Notice the silence on ET. A sign they may have shorted the bottom of two days ago, once they explained to them
some nonsense such as emerging markets.
http://www.cnbc.com/id/101386402
"As a result, Gartman thinks the S&P 500 index could fall 15 percent from the high reached last week, testing the 1,475 level on the downside."
Gotta love the talking heads.
"As a result, Gartman thinks the S&P 500 index could fall 15 percent from the high reached last week, testing the 1,475 level on the downside."
Gotta love the talking heads.
Another crash to the upside
Every correction there's somebody predicting the end of the world, "ES at 1500 in a week" etc. etc. and everytime they are wrong. These markets have nowhere to go but up. The fed and govt is so heavy into markets these day that a 2008-type crash would simply not be allowed. Worst-case scenario I see is mkts remain flat for a long time, Japan-style.
Every correction there's somebody predicting the end of the world, "ES at 1500 in a week" etc. etc. and everytime they are wrong. These markets have nowhere to go but up. The fed and govt is so heavy into markets these day that a 2008-type crash would simply not be allowed. Worst-case scenario I see is mkts remain flat for a long time, Japan-style.
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It is called a bear leg rally! Take the QQQs as example. Do you think they would go above say 87.50? They are now at 87. Risk to the upside is higher than reward to the downside.
hey, that's my line!
lol. I've been stuck in a few losers for what seems like an eternity. Just been trying to remain patient and wait for the market to snap back up.
Looking better now than it did a few days ago!
See what happens I guess.
Perhaps take out last weeks highs first.
http://i.imgur.com/GbhXRhy.png if this 92/3 area in cash is going to hold as resistance , this uvol over dvol ratio of 3.4/1 needs to start reversing