ES Journal Archive (2006 - 2008)

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1) hit upper range stops
2) failed to breach OR from test from below
3) bond and oil markets not supporting equities
4) asian session negativity if market fails to make gain tonight
 
Quote from K-Rock:

IMHO price needs to break below 1458 to continue to the down side (to test the 1454 level).

Yeah, thanks for the clarification K-Rock, where do you get that mojo from?#!:D
***
That 2nd line is B1S2's Level, if it's reached, there are going to be a lot of gorged bears (um, steak).

JJ
 

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Oscar´s FLASH:

01/22/07 11:38 AM EST.

1ST FLASH UPDATE INDICES TRADES
WE ARE NOW FILLED IN S&P (ESH7) SHORT@1462.00 . LAST TICK=1454.50
Take your profit at 1454.00 or better.
cancel your sell stops after you have been filled
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01/22/07 5:17 AM EST.

1ST FLASH UPDATE INDICES TRADES
WE ARE NOW FILLED IN S&P (ESH7) SHORT@1462.00 . LAST TICK=1462.00
WE ARE NOW FILLED IN NASDAQ (ENH7) SHORT @ 1848.00 LAST TICK=1847.50
KEEP YOUR BUY STOPS IN PLACE
ILL KEEP YOU INFORMED
 
intrasession short covering.. only.. but asian session tonight should be profit taking secondary to us negativity if they close in the red.

the sentiment in bonds will persist till fomc meeting. The Fed is stating they might even raise rates if economy starts strengthening again.
 
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