ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Quote from romik:
well, I wouldn't rely on that anyway, it was just odd and brought back a memory
I tend to agree with B1 that this recent decline is a fake one.
Would you add to your position here then or simply hold?
Quote from romik:
well, I wouldn't rely on that anyway, it was just odd and brought back a memory
I tend to agree with B1 that this recent decline is a fake one.
Bullish divergences, if ES passes 1256.50 you may be right, however if it breaks the LOD then this could well be a down trend day only 1.5 pnts to risk here
Quote from romik:
well, I wouldn't rely on that anyway, it was just odd and brought back a memory
I tend to agree with B1 that this recent decline is a fake one.
To me this decline was a clear short. I think it is not over yet. Plenty of room on the hourly charts.
Lets hope he doesn't reverse.
My opinion is that if and when the Euro fx futures roll over to the downside on hourly charts, that we will get upside in the ES. This is a hunch and that is all. Spike is correct on the hourly charts. There was clear bearish divergence on the hourlies at 10 EST. My time frame is longer and will look to the 240 chart and perhaps the 60 for bullish divergence to add more contracts. We've got a wide range of time frames in here now and this interests me a great deal!
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