ES Journal Archive (2006 - 2008)

[Spooz Top]

we just put in an outside day...taking out yesterdays hi/lo...which is the sign of a reversal & i expect a couple days of selling to follow.was stopped out of my morning shorts during that 10:30 rip to 50.75....looking for rentry to ride.going to be tough to find a conservative entry but 44/45 zone may come into play if we get there.

 

[Spooz Top]

B1.....were you able to keep your shorts on during that premarket move to 54.25?

 

[elovemer]

2 hr cash charts spx...rut...
both show macd crossover...

any thoughts ?
HS reversal ?

silence.....

respect...to all

edit..... based on this signal...i would like to go short... but hard to do after that kind of drop

 

[Spectre2007]

=) ...............1530 neckline test. will this friday close on the positive note?

some laggard longs might dump before fomc... before weekend.

 

[JimmyJam]

Quote from elovemer:

edit..... based on this signal...i would like to go short... but hard to do after that kind of drop

Yeah, you're right.

The market is finding support at yesterday's low, so if it holds it'll probably trade up from here ... L @ 1540.00, ps @ 1539.00 - x2 contracts.

JJ

 

[BoyBrutus]

Quote from JimmyJam:

Yeah, you're right.

The market is finding support at yesterday's low, so if it holds it'll probably trade up from here ... L @ 1540.00, ps @ 1539.00 - x2 contracts.

JJ

Nice one JJ, aslo on the gap from 0614

 

[Spooz Top]

Quote from JimmyJam:

Yeah, you're right.

The market is finding support at yesterday's low, so if it holds it'll probably trade up from here ... L @ 1540.00, ps @ 1539.00 - x2 contracts.

JJ

JJ,yesterdays lo was 40.50....we trade 38 today.

 

[JimmyJam]

Quote from Spooz Top:

JJ,yesterdays lo was 40.50....we trade 38 today.

Yeah I know.

You're being too exact. I didn't mean the exact number. I mean't looking at price action and seeing how it responds to that price level.

Price touched it, dropped, held, and now it's consolidating while traders try to hold it push prices up or push the prices further down (not my bet).

JJ

 

[Spooz Top]

Quote from JimmyJam:

Yeah I know.

You're being too exact. I didn't mean the exact number. I mean't looking at price action and seeing how it responds to that price level.

Price touched it, dropped, held, and now it's consolidating while traders try to hold it push prices up or push the prices further down (not my bet).

JJ

hmmmm.....interesting theory.

 

[JSSPMK]

long 1538.75

-1.25

long 1538.25

-0.75

F... sake