ES Journal Archive (2006 - 2008)

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ammo
no confidence in levels today because of FOMC....however
1342
1334
1327
1315 ...kinda like everyone here ..short here with very tight stop
1296
1272
1264
...will not be in after 1:45 est
..let's see
 
Quote from '81packer:

ammo
no confidence in levels today because of FOMC....however
1342
1334
1327
1315 ...kinda like everyone here ..short here with very tight stop
1296
1272
1264
...will not be in after 1:45 est
..let's see
tanx pack
 
Market still grinding upwards, though it looks heavy. Keeping stop at -3pts and a lmt order to cover at 1294.25 in case the moves get too wild..
 
Have to remark, only because it is something I monitor.

The recent move to new highs in the NQ and the ES (at roughly 1357 (1:57pm ET) was NOT accompanied by an ER2 new intraday high. This is usually a sign of a failure for higher prices.

Trip histo diverge in ES 5,3,2,1 makes it look unlikely that lift from these levels will garner followthrough, but who knows WHAT reaction to FOMC will be.
 
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