ES Journal Archive (2006 - 2008)

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If the lows at 1248.25 or thereabouts hold, we may see an opprtunity for Bullish divergence on the hourly chart today. It would be class B unless the low is breached before reversing.
 
Quote from Buy1Sell2:

It was just a feeling. There have been many days when my Eurofx chart is going exactly opposite of the ES chart side by side in real time. Doesn't happen totally of course-- Look at the daily charts during March and April, both were to the upside. I was just throwing it out there for thought.

Euro down -Dollar up - treasuries down - yield up - market down

Maybe:)
 
Quote from BoyBrutus:

Euro down -Dollar up - treasuries down - yield up - market down

Maybe:)

Could be --I was just speaking about the hourly chart--no farther. It was just for fun--I don't pay any attention to whether yields are up or down or whether they effect the market except on a very long term basis. Actually short term, I don't pay any attention to anything except the charts--They tell everything. Longer term, I know that the commodity run is not over and I know that the SP longer term will be down.
 
Quote from Buy1Sell2:

If the lows at 1248.25 or thereabouts hold, we may see an opprtunity for Bullish divergence on the hourly chart today. It would be class B unless the low is breached before reversing.
I think (just a hunch for now) that it will crack.
 
Quote from romik:

Good morning all!

B1, do you see why I made that entry based on hourly or do I assume there are possible disrepances in our feeds?

Romik, I went back and reread your post where you asked if I saw it and I answered yes. I read your post too quickly and didn't realize you were asking if I saw a divergence and when I responded I answered yes that I saw your entry but there was no divergence. Sorry to confuse you with that response, it should have been a simple "no, I don't see the bullish divergence" We must be using different charts--Do you use Esignal?
 
Quote from Buy1Sell2:

If the lows at 1248.25 or thereabouts hold, we may see an opprtunity for Bullish divergence on the hourly chart today. It would be class B unless the low is breached before reversing.

If we were to attain a bullish hourly divergence today, it would now be a minor class A with the so far minor breach of yesterdays Low.
 
Quote from saliva:

I think (just a hunch for now) that it will crack.

If we don't get a long signal within the next 30 minutes ( i don't think will we get the long signal) we will go lower for the next hours.

I'm short.
 
Quote from spike500:

If we don't get a long signal within the next 30 minutes ( i don't think will we get the long signal) we will go lower for the next hours.

I'm short.

Yeah, I really don't have any idea whether we would see one. I am just seeing the first formation of the pattern and I'll keep a watch.
 
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