ES Journal Archive (2006 - 2008)

[Spectre2007]

keep an eye on the a/d line if it fails, I will get short for the close.

 

[Spectre2007]

remember the rules, the daily high behaves similar to the OR trade.... if it challenges it and fails. Sellers will come in hard to break it below 1532.50

 

[mbusch]

Nice looking double-top may be forming on the 15-min chart.

 

[Spectre2007]

items that favor the bears:

1) bonds smackdown.
2) selling on the close last few sessions

 

[Spectre2007]

cup formation on 2 minute chart.

 

[mbusch]

Quote from Spectre2007:

items that favor the bears:

1) bonds smackdown.
2) selling on the close last few sessions

Another run up to HOD on convincing volume (>6,000 contracts in one minute) would persuade me. The one at 1310 EDT seemed a little shy on volume.

 

[Spectre2007]

take a look at the chart formation on the 60 minute chart on 5/2-4

very similar formation. It led to a huge upsurge.


I think we head to 1550 and fail next week.

 

[fearless9]

Quote from Spectre2007:

take a look at the chart formation on the 60 minute chart on 5/2-4

very similar formation. It led to a huge upsurge.

Easy on the word 'surge' S2007

 

[Spectre2007]

its not moving away from this area as it should.. higher levels.. 38-39..soon

 

[mbusch]

1533.50 has changed from resistance to support.