ES Journal Archive (2006 - 2008)

[volente_00]

This move is all about options. Downside to 1460 cash, upside to 1500+ til next friday.

 

[candles]

pre markets up nicely. Had to happen. Everyone was all to bearish in here after the close.

 

[elovemer]

.... 92.5 ..... will negate bigger downside target....

 

[kinggyppo]

Quote from ASusilovic:

You have to buy this market ! Of course ! Still long XLF ?

Load the boat on XLF.

 

[Spooz Top]

Quote from elovemer:

...1525 ..... 1496.75 .... 1468.5
.... target of last complete diamond was 1468.5
.... low was..... 1466.75
.... WHAT D'YA KNOW ? !!!!

You know it..... ......nice observation.,Elove.

If they can`t save this thing today......target is 32,which is the measurment........coincides with Apex`s call of 30!

 

[elovemer]

possible cup within cup

 

[elovemer]

....maybe volente is referring to this....
... maybe not....

Quote from volente_00:
This move is all about options. Downside to 1460 cash, upside to 1500+ til next friday.

 

[volente_00]

Quote from elovemer:

....maybe volente is referring to this....
... maybe not....

Run it for SPY. There is also an inverse H and S setting up on SPX at 1460-1470 as well as it being the near the 50% retracment and previous short term top was at right at 1460 cash. To me this is just a set up to wash out weak longs and suck in more shorts before a year end move to 1590+.

 

[Spooz Top]

covered 1/4 here @ 85.25.........1/4 to run & trailer sits at 1500.25

 

[Spooz Top]

15/30 min IVB`s were broken to upside with opening bar....only to reverse south....they juked me there but it is usually a hi % reverse setup.