ES Journal Archive (2006 - 2008)

[BoyBrutus]

Quote from sosa1974:

covered 1304. There maybe momentum to this.

I'm thinking a 10:00 maybe 10:30 bottom and a rally from there???

 

[sosa1974]

Shorted the last short squeeze cover 1305. Vix rising, scalping easier. Finally some action!!

 

[sosa1974]

Another scalp cover 1303, entry 1307.25. Hovering around the 50 day spy. Time to be careful.

 

[BoyBrutus]

Quote from sosa1974:

Another scalp cover 1303, entry 1307.25. Hovering around the 50 day spy. Time to be careful.

Sosa you are in your element. Some action this morning. Keep it up. Some High volume selling.

 

[Buy1Sell2]

If the market does not rebound strongly into the closing, then weekly charts have a nice (not the best, but nice) downside reversal tone, that will initially suggest 1260 or lower.

 

[sosa1974]

cover 1300.75, entry 1303.50 (50 day). unreal today.

 

[Buy1Sell2]

Quote from MiniDowTrader:

Hey. Great job guys! As an ES journal lurker I'm pretty impressed with your trade results today.
Great trading!
MiniDowTrader

Why not post instead of lurk?-we'd love to have you on board!

 

[sosa1974]

Quote from Buy1Sell2:

If the market does not rebound strongly into the closing, then weekly charts have a nice (not the best, but nice) downside reversal tone, that will initially suggest 1260 or lower.

b1s2, this is being confirmed by huge volume. Also the put/call ratio is heavily favoring puts. Institutional postioning I would presume.

 

[BoyBrutus]

Quote from sosa1974:

b1s2, this is being confirmed by huge volume. Also the put/call ratio is heavily favoring puts. Institutional postioning I would presume.

Anyone suspect a reason for this? Could it be the ECB fed official saying that they may hike 1/2 basis pts instead of a 1/4? With the dollar so weak this would force the Feds hand.

Russell is bleeding today!

 

[romik]

double top on 1 min chart, going short