ES Journal Archive (2006 - 2008)

romik · Jun 14, 2006

Quote from Buy1Sell2:

Bullish divergence on the 5 minute chart-- both indicators.

Hourly MA is now ticking slowly higher after a long decline.

I can see histogram BD, but RSI? are looking between 11.00-13.40?

BoyBrutus · Jun 14, 2006

Quote from Buy1Sell2:

Bullish divergence on the 5 minute chart-- both indicators.

Hourly MA is now ticking slowly higher after a long decline.

I think if we break 1234.50 and this rally gets going we could have a very strong close. Near HOD

Buy1Sell2 · Jun 14, 2006

Quote from romik:

I can see histogram BD, but RSI? are looking between 11.00-13.40?

If you are speaking of central time, then it would be 12.40 to 13.40.

sosa1974 · Jun 14, 2006

Almost a carbon copy of yesterday. Shorted near the main pivot 1230.75. Then shorted the open 1226.25. Last cover 1220. I'm done for today unless I see a bullish reversal, in which case I will go long @ the lows and hold overnite.

romik · Jun 14, 2006

I see BD in RSI and CCI on 15

EDIT: With such a short bias, I am sceptical to go long now, even though indicators are showing green light.

Buy1Sell2 · Jun 14, 2006

Quote from romik:

I see BD in RSI and CCI on 15

The 15 is a triple class B on the RSI. The second and third troughs are a minor class A

romik · Jun 14, 2006

30 min RSI and CCI are showing BDs starting morning till now, I just don't know

Buy1Sell2 · Jun 14, 2006

Is today the day that we get the strong close in the last hour? We've bounced 3 times on that low today----

El OchoCinco · Jun 14, 2006

Wait for the institutional money to come in. If you start to see long green candles then they will push it higher to the close. Long red candles, the opposite.

romik · Jun 14, 2006

Quote from Buy1Sell2:

Is today the day that we get the strong close in the last hour? We've bounced 3 times on that low today----

ya...I'll wait for the histogram to catch up with RSI and CCI on 15, now if that happens I will be long for sure.