ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from vertigo3:

This thread is dead.
Is anyone out there?

I'm waiting to see if a rule of 9.50 can come in today. Yesterday's high was 77.50. - 9.5= 68.00

yesterday's swing high just before 2:00pm release of fomc minutes prodded the bulls was 68.75
That's pretty good analysis there.

With confirmation of a TBLD you've probably nailed the short-term bottom (well, if the market catches a BID, it could be the LOD, but things are starting out kinda fugly).

JJ
 
Quote from vertigo3:

size has now migrated to ask side.

who can share an interpretation of the DOM?
If you're serious there are a couple of threads around here someplace.

Don't use it myself though, got enough things to look at.

JJ
 
Long from 1568.50, close stop.

I would have really liked to enter at 1566.50 (which is where my rising trendline is on the 15-min chart), but I didn't want to miss the train. However, another move down to 1566.50 wouldn't surprise me one bit.

EDIT: No follow-through. Closed this long for a 2-tick profit, Looking to re-enter lower...preferably around 1566.50.

EDIT: In the alternative, this could be a W-bottom. We'll know in the fullness of time. Presently flat.

NQ is interesting: A very aggressive re-test of the overnight highs, which failed.
 
Quote from elovemer:

...mbusch....
.... where did yesterday's high fit into your Elliott wave analysis ?
I haven't been trying to do wave analysis on such a microscale as that. I still see us in an extended 5th of a 5th up. I'll post a chart.
 
Long from 1571.25, close stop. (Now wish I'd not bailed out of my long from 1568.50 earlier...would'a, could'a, should'a...) Resistance at 1572.50-1573.25. We'll have to break through that zone for the presumptive rally to go anywhere.

EDIT: C'mon, where the heck are the buyers? :confused:

EDIT: That's better. Now testing the zone of truth...

EDIT: Having trouble penetrating the zone. :(

EDIT: Out of this long at breakeven. Not my day today.
 
Status
Not open for further replies.
Back
Top