ES Journal - 2015

[EsKiller]

here you go. 5 min chart

 

[satchel]

use hour chart ES, January 9th line to yesterday low. at 2004 we break the five day channel.

Trust Mr Gann, he's pretty good at 'turns', harder to decipher high or low but when you see it is clearly a low and the technical channel supports the esoteric. well...

 

[EsKiller]

who is mr gann

 

[satchel]

VIX hit 37 by a hair and has now dropped two bucks. More clues.

 

[iloveoptions]

VIX hit 37 by a hair and has now dropped two bucks. More clues.

Yep, it's extended and should reverse for a few weeks. That gives me comfort to stick with my long position at this time.

 

[satchel]

i would be real careful up here in case if bullish get too giddy.
what is price saying.

I am all OUT.

Flat 2002, rest of L 92.

2006.25 High and the trendline 5 day channel is thereabouts.

short scalp 2001

 

[satchel]

STP Breakeven, 5 ticks away, probability not so strong and entry spot is poor? I give it a whirl.

Edits: VIX on the rise.

 

[satchel]

That was easy: +0.0 flat.

 

[Spectre2007]

trendie 5 min

 

[satchel]

yup 5m. hour ES line is just above. Bulls have spent an hour over the pivot, good for them unlike yesterday.
LimitL at 08.25