ES Journal Archive (2006 - 2008)

[RsX]

Quote from RsX:

Looking for 15-min weakness at 1356-1359.50 when we reach that area.. but i'd like it better if it took some more time to get to that globex pivot at 1356.75

Reached pivot area, but 15-min closed strong so far, looking at the next bar.

Putting an MIT short order to 1359.75, stop 3.50pts (1363.25). With the current charts, 1360 would be the last reach for the bears. If that fails to end the upswing, then a probable re-test of 1367-1370 coming ahead.

Will cancel MIT order if we touch prices below 1349.75 level and will then look to short lower.


EDIT: cancelled.. there's the reversal..

EDIT: or then not, the market's just playing tricks. Re-instating the MIT order at 1359.75 with the same stop. That's still the only level I see shorting worthwhile in the middle of today's mixed action.

 

[startraitor]

Covered 1 at 51.75. Too much risk ahead of data.

Quote from startraitor:

Added 1357.75.

 

[El OchoCinco]

Potential 1 min bearish divergence a la JJ MACD coming up here right before release of minutes...

 

[atticus]

A touch of 1380 SPX will occur next week.

 

[El OchoCinco]

Quote from atticus:

A touch of 1380 SPX will occur next week.

What time and day?

 

[atticus]

Quote from optioncoach:

What time and day?

 

[RsX]

Cancelling all orders and leaving the screens for today. Nothing but nervous chop-chop, not worth the time. Will wait for more attractive times and trying to be patient.

 

[kinggyppo]

Stopped out for a loss on spy, - .30 stepped right in front of the old train, that's why stops are good.

 

[storm121]

I tell you, Im not scared.

I know this market is going higher and its just a matter of time before it happens.

shorts can try their tactics all they want.they can continue thier witchhunts.but in the end it will be the longs who prevail.

I personally and professionally guarantee that.

 

[gorkgonzola]

Quote from storm121:

I personally and professionally guarantee that.

thank you. that gives me solace.