ES Journal Archive (2006 - 2008)

smilingsynic · Jul 25, 2007

A "spring" in the making. A reversal on good volume and strong TICK would be confirmation.

EDIT: I see neither. Was looking to buy ES 1517.25 on strength.

saxon22 · Jul 25, 2007

Scaled in at 1518, 17, 16 , 15 long 4 cars.
Ready to go long all the way to 1510 at 1 pt. intervals.

Seems like it wil get to 1510 before reversing

apex82 · Jul 25, 2007

this market is hanging on for dear life.....

smilingsynic · Jul 25, 2007

Quote from saxon22:

Scaled in at 1518, 17, 16 , 15 long 4 cars.
Ready to go long all the way to 1510 at 1 pt. intervals.

Seems like it wil get to 1510 before reversing

You may well get your chance! Good luck. :-)

HolyGrail · Jul 25, 2007

before the day is out we will see 1505

smilingsynic · Jul 25, 2007

Quote from HolyGrail:

before the day is out we will see 1505

That's support from a few week's back.

Then again, there is plenty of time. Early afternoon reversals (12-2 PM) could whip this back up.

atticus · Jul 25, 2007

Long 1514.50 with a 1509.00 stop. TP on half at 1520.00.

BoyBrutus · Jul 25, 2007

Quote from apex82:

this market is hanging on for dear life.....

I'm seeing good support on each drop. It looks like the bigs are covering in this region.

Late day rally would confirm this

HolyGrail · Jul 25, 2007

Quote from smilingsynic:

That's support from a few week's back.

Then again, there is plenty of time. Early afternoon reversals (12-2 PM) could whip this back up.

It's a perfect ABC correction from the high today after a 61% retracement.

wareco · Jul 25, 2007

Apex, are you still holding 812?