ES Journal Archive (2006 - 2008)

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Looking at price action it seems every rally is the shorts reloading, not saying the trend won't change but I am looking for a close above $1462.00 on the cash first.
 
Quote from tomahawk:

Nice entry. I got in a little lower (63.50) due to bad timing and general slow-wittedness ( :D ). Took some at 57.50 (swing -10.00), stop moved to 62.75 (open+1t). Ultimate target is 50.50 or EOD.

Out last @ 50.50
 
Quote from kinggyppo:

Saxon sorry about your execution issues. I have to ask here why are people looking for a reversal today considering all the bad news?

Ummm, I thought really bad news was good news these days? We'll definitely get a rate cut now won't we?

That'll save us!
 
Not exactly a lot of fear into the close. Rallied 10 points on ES, 15 on the NQ. Maybe just shorts covering but ES had 110K volume in last 5 minutes
 
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