ES Journal Archive (2006 - 2008)

[JSSPMK]

As far as I am concerned most short term charts indicate continuation of the sell so far

 

[volente_00]

on es the left shoulder is right at 37


if it fails here


longs careers will be ended

 

[princessa]

Quote from Anekdoten:

Triangles and pennants are nothing but pauses in a trend.

Trend has been down, based on price action, trend should resume to the downside after this pause.

This time this is supported by technicals and fundamentals.

On top of that, I don't recommend taking a triangle breakout against the dominant trend, most of the times, they are short lived and end up being fakes.

Anek

great analysis, anek.

so nice to see you visiting here again....

 

[princessa]

Quote from volente_00:

38-39 needs to hold on cash for STORMSURGE

and away we go....:eek:

 

[volente_00]

Quote from princessa:

and away we go....:eek:

pattern is still in ES


they are trying hard to break 37 but I think it is still a trap.


I still see a fake break down and then a wycoff thrust


ps


don't underestimate the 10:30 crew

 

[JSSPMK]

Quote from JSSPMK:

Didn't scale out of this one, b/e trade.

Short off 2 + pivotal

Scaled out +1.5

50% scaled out of 1/3 position +12.50

240 bar to close in 40m on my chart, as it stands it is below 20 average & engulfing the whole of 3rd attempt for upside, 3 lower peaks and declining MACD still intact.

1333.5 next obvious support

 

[ammo]

long 35.25,add 35.75,add 36.5,out 37,long again 32.75, out 33.75, too tough to pick bounces here

 

[volente_00]

32 anyone ?

 

[vertigo3]

32.75 was 24hr low a couple of days back, but looks like S1 support at 1334.50 is providing a floor

 

[JSSPMK]

Hammer failure on 10 & 15