ES Journal Archive (2006 - 2008)

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update on the visual...

it really can be that simple...

78.6 retrace has been touched... pros will look to cover some shorts here.. good place to tighen up stops

will take a stab long if they can take it down to 1338 with a 2 pt stop looking for 10 pts to the upside
 

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another gap n grind day as they stole the overnight down side move......again.

i have beautiful sell zone/confluence at 60/61 should this lo hold.....which also coincides with rule of 10 x 2.
 
vix.. though retail participation is not as high as the previous super cycle, the VIX should maintain a high degree of anxiety... as this protracted housing situation filters throughout the economy...
 

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Quote from volente_00:

The day is still young, I am bullish as ever right here and still think we close above 1440 today.


:)
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Hah!

If there is no strong bounce, I would be surprised. And I would get out and wait for a better time.

This stair-stepping action down often portends strong afternoons. It is as if the market is groping for a bottom, and then, between 11-1, starts stepping back up (Wyckoff springs are a tip-off), and once the buy programs kick in, the market starts climbing back to where it started.
 
Quote from Spooz Top:

another gap n grind day as they stole the overnight down side move......again.

i have beautiful sell zone/confluence at 60/61 should this lo hold.....which also coincides with rule of 10 x 2.
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Im all over like that like white on rice... looking a bit earlier in the 56 area though.
 
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