ES Journal Archive (2006 - 2008)

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The 2 minute chart may produce a good sell signal today.

But right now, it's likely quite a way's off today or maybe it would be tomorrow. Either way, there is a fantastic breakout coming imminently. The bulls believe they have made a double bottom on the daily. Bears believe we are still in a downtrend. This one will be difficult to call, but as I believe that we continue in a long term downtrend, I only look short.
 
Quote from Buy1Sell2:

The 2 minute chart may produce a good sell signal today.

But right now, it's likely quite a way's off or maybe it would be tomorrow. Either way, there is a fantastic breakout coming imminently. The bulls believe they have made a double bottom on the daily. Bears believe we are still in a downtrend. This one will be difficult to call, but as I believe that we continue in a long term downtrend, I only look short.

I think we will be going back down sooner (maybe today) rather than later.
 
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