ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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I see that for the market to have a relieve rally March JPY needs to break the 9170 area at a minimum. If it does, JPY could correct in similar fashion to November, then we could rally the same distance we did at the end of November/beginning of December on the S&P.
Bonds and JPY are not following through with the same force as US Equities to the downside, so the above scenario has a good shot of ocurring.
To break we need good news. Any good news.
We should bottom at 1375 on this run...
Bonds and JPY are not following through with the same force as US Equities to the downside, so the above scenario has a good shot of ocurring.
To break we need good news. Any good news.
We should bottom at 1375 on this run...
Quote from Buy1Sell2:
There was no posting of the entry. I am short based upon my posting yesterday where I said that I would get short and short only when the 60 minute chart went negative. ie when it broke 1417.50 I was stopped in.
Sorry about not posting. I was stopped in when I wasn't at the computer. In any event, I am staying short and will weather the bounces.
1375 spx or es?
Quote from Optionpro007:
I see that for the market to have a relieve rally March JPY needs to break the 9170 area at a minimum. If it does, JPY could correct in similar fashion to November, then we could rally the same distance we did at the end of November/beginning of December on the S&P.
Bonds and JPY are not following through with the same force as US Equities to the downside, so the above scenario has a good shot of ocurring.
To break we need good news. Any good news.
We should bottom at 1375 on this run...
Selling in Russell unabated.
If there is going to be an afternoon rally in the ES, the ER2 is going to have to do exhibit some strength.
If there is going to be an afternoon rally in the ES, the ER2 is going to have to do exhibit some strength.
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