ES Journal Archive (2006 - 2008)

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Quote from nikko:

romik,

from my graphs i show a short grail on the 5min chart. am i seeing that correct

there is a possibility of it completing formation, as it stands at the moment there isn't one IMO.
 
Quote from apex82:

Here are the levels for today. Possible 5 wave move completing in the 1440 area. Any confirmed move below 1424 will probably result in another bear move.

We have contact with R2.... get out of your longs now. We will probably get a retest and possibly move a point or 2 higher but I would seriously consider putting stops to breakeven if you are long
 
Quote from apex82:

We have contact with R2.... get out of your longs now. We will probably get a retest but I would seriously consider putting stops to breakeven if you are long

Hmmm, I have R2 at 1444
 
Quote from wareco:

Hmmm, I have R2 at 1444

We'll see... I trade like 1% of the trading community. Nothing is certain in this business, but high high probability it doesnt get to 1444 today. This could be the start of another weekly decline, just may need to get the stops above 1440.
 
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