ES Journal - 2016

recession2016 · Feb 16, 2016

potential h&s on the 15 min

unfilled gap at 1860

jimmiebarton · Feb 16, 2016

S 1876.75

SL 1883

jimmiebarton · Feb 16, 2016

https://finance.yahoo.com/echarts?s=^DJI+Interactive#{"range":"1mo","allowChartStacking":true}

lets take out 16. lets give this rally a real test!

jimmiebarton · Feb 16, 2016

jimmiebarton said:
S 1876.75

SL 1883

exit 1872

(i think thats called "nailing it"?)

recession2016 · Feb 16, 2016

i think buy the dip is back until ES tests and fails at 200 dma

oil isn't looking bullish here though

jimmiebarton · Feb 16, 2016

nah, grind higher here thru 1900

its one of those days

recession2016 · Feb 17, 2016

romik i told you to take profits at 1820

romik · Feb 17, 2016

recession2016 said:
romik i told you to take profits at 1820

I do have a hedge long from 1866. Next time I will do what you say

jimmiebarton · Feb 17, 2016

short @ 27. and again 23

trgt 17

Buy1Sell2 · Feb 18, 2016

Buy1Sell2 said:
What we have here is a bounce in a bear. Very clear on the charts. I would be surprised to see us close over 1880 on the March futures anytime soon , but it could happen. If we would get past that I would expect very strong resistance approaching 1940. Clear that and then possibly we could look at this 2000 that has been mentioned or maybe 2025. Longer term we are in a bear market. I am staying short with the position trade but may take some intradays long. Those would be with higher margin.

This is the strong resistance that I was speaking of