ES Journal Archive (2006 - 2008)

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03-13-08 10:35 AM

...I really thought we would see a push down to 1284.75 ... good reversal area -- battle area

Dang... not much of a battle...just a straight turn & burn
...it's great when the market reacts as planned
...got to step away ....good luck trading everyone
 
1. When you will start trade June contract?
2. Is there some reason for it?
3. Is important or there is not any advantage in some exact point to go to June?
 
Pholeuon.
volume
as the current contract approaches expiration, there will be less willing traders of it.
I have a friend who continues to trade the current expiration until the end of day volume is bigger in the next contract, then he switches.
 
Quote from avarus:

I got a bad feeling for tomorrow into Monday. I smell a serious crash to end this bear.

1200 and under is bull position building.
More...

You are correct. This does not look good. The bulls must move it over 1345 and build strong support, very quickly, or else. 1313 is important today.
 
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