ES Journal Archive (2006 - 2008)

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r/s on spx daily, 1351, 1334, thts 17 point range unlikely that will hold, next downside target is 1315,next upside 1368, doubletop from wed,thur
 
Quote from atticus:

Right, like in Jan08 when the SPX closed expiration week 2 sigmas below the high OI strikes. It's a lock, Bros; a lock.





Quote from volente_00:

next stop


58

then ?



Usually if you get three chances at a rule of 10 signal at the same area it is not a good sign.


but a right shoulder to 66 cash would be a kiss of death


40-52


by friday perhaps




Just coincidence cash is ~ 1340 right now ?



http://finance.yahoo.com/q/bc?s=^GSPC&t=1d
 
Quote from smilingsynic:

Out of the many possible outcomes for today, for the bulls, this would be the most demoralizing.

Sharply down Friday + long weekend = weak open on Tuesday.


Close above 1340 today
 
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