ES Journal Archive (2006 - 2008)

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what direction will ES trend , in the 15 after bell, due to this last 15 min sell off? I'm familiar with CL after hour trends, but not too much with ES>, ANYONE, ANYONE, ..... Bueller, Bueller, Bueller?
 
if they can hold this 1320-1330 on monday... we should move up to 1395 and then this market will get mutilated... If it breaks below this zone we are retesting the lows.
 
Quote from vertigo3:

If you're looking at a 1 min, 3min, 5min, potential for a spring are there.
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Indeed, I really preferred the way 3 min chart (attached) looked. Very close on NQ.

You mention that you watch the Russell 2k future for some signs of where ES might be heading, I prefer NQ out of the 2, than again I haven't really spent THAT much time researching ER.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1765732>
 

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Quote from Spectre2007:

my gut is sensing a long term buy opportunity for this macro cycle.

:)
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I am just interested what your thought process is here Spec.
Can you elaborate a little further please. I struggle with the fundamentals due to the amount of conflicting information. Hence, i am strictly a chart trader with little bias, i let the prices tell me whether i should be bullish or not.

I personally will not be bullish until the Dow can take out 13000. Thats how i will be playing my swing account anyway (trend following approach in swing account).
Until then i will be looking for selling opportunities in next few months.

Your macro analysis would be much appreciated.
 
b1s2,

Looking at a chart of the monthly cash S&P is this divergence your main signal to be bearish here? specifically the greenish lines. I know the image is crap sorry bout that. If you have this big of a divergence signal that spans a decade, how long of a hold are you looking at? Thanks.

JIM
 

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Quote from Allen3:



Looking at a chart of the monthly cash S&P is this divergence your main signal to be bearish here? specifically the greenish lines. I know the image is crap sorry bout that. If you have this big of a divergence signal that spans a decade, how long of a hold are you looking at? Thanks.

JIM
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Interesting. Is your main point that a long term short position to pay off may be really long or at the least indeterminable? Not challenging you in any way. Just asking.
 
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