ES Journal - 2017/2018

speedo · Mar 21, 2017

Buy1Sell2 said:
Maybe we'll get a powerful impulse to the upside now? --Never know-- I imagine there are folks wanting to buy the dip-- Who knows--

If the PA is as clean on the way up as it was down, it will be a dream day.

Buy1Sell2 · Mar 21, 2017

Buy1Sell2 said:
Printing 2352.50 would be extremely helpful in the bottoming process.

There's the print. Ok--at least there is a chance now for a move back up.

Buy1Sell2 · Mar 21, 2017

Next essential print would be 2356.50. --That would embolden the case for return to higher morning levels.

Buy1Sell2 · Mar 21, 2017

Then we'd be looking at 2365.00 print for final confirmation that we could go green.---But those prints are miles away right now and there is no way to know if we'll reach them.

Buy1Sell2 · Mar 21, 2017

There's an awful lot of time left today--and the market is bouncing--Not a typical all trend all one way type of day. --Could finish lower but daily is at support level etc. This is interesting action.

Pekelo · Mar 21, 2017

Well, if you had someone who correctly predicts the top...

Buy1Sell2 · Mar 21, 2017

If this support here around 2350 doesn't hold, then the next support zone is around 2335.

Buy1Sell2 · Mar 21, 2017

Next attempt at breaking through higher has just begun.

Buy1Sell2 · Mar 21, 2017

Buy1Sell2 said:
Next attempt at breaking through higher has just begun.

Attempt failed--so far

Buy1Sell2 · Mar 21, 2017

Buy1Sell2 said:
Next essential print would be 2356.50. --That would embolden the case for return to higher morning levels.

It just wouldn't do it would it? We printed 2356.25 before pulling back. That makes it even stronger resistance. Now, printing 2356.50 becomes even more essential for the upside case.