ES Journal Archive (2006 - 2008)

[Syprik]

Quote from RsX:

Trying for a 1383.5 MIT short with a 3-pt stop. They havent exhausted the upmove just yet, so good chances of reaching these levels.

Suspect you may have to lower your target. I had mine at 81.5 but now not so confident.

 

[kinggyppo]

short spy 137.35 tight stop.

 

[kinggyppo]

Quote from kinggyppo:

short spy 137.35 tight stop.

out 137.00

 

[kinggyppo]

short spy 137.50

 

[Syprik]

Looking to place short here @ 78.5-79.5 if it fails the re-test.

 

[ammo]

sh 8.75,scratched 8.75

 

[kinggyppo]

Quote from kinggyppo:

short spy 137.50

out 137.45 looks like accumulation.

 

[RsX]

Quote from Syprik:

Suspect you may have to lower your target. I had mine at 81.5 but now not so confident.

It may be so, but so far I'm considering it quite probable that at least 1383 will be touched. I don't expect my zones to be hit, but I'm not jumping the gun lower until I see something that really convinces me and still gives a decent R/R. Otherwise I prefer to sit on my hands.

 

[Pholeuon]

Why it looks like accumulation? Accumulation/distribution index is significantly lower than in begin of RTH.
OK, it is moving up and down but looks low to me, especially compared with yesterday. It looks like distribution - bots are selling in strenght.

 

[smilingsynic]

Quote from RsX:

It may be so, but so far I'm considering it quite probable that at least 1383 will be touched. I don't expect my zones to be hit, but I'm not jumping the gun lower until I see something that really convinces me and still gives a decent R/R. Otherwise I prefer to sit on my hands.

An open gap will be filled at 83, and that is right around S1.