ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

Short 1363.5 off 20 & <, stop near 1364.75, hard stop +10, possible DT

Why is ET's clock so messed up?

I only see that when I am logged out! Are you logged in?
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Chan posted that the release Friday was early bercause many expected it. That is all wet. That sentiment number (notice the report is not called a confidence report, thats for the gov report), as stated before is ALWAYS released early because it is from University of Michigan and released to those that lay out some cash. Wait for the next one and you will see the same deal.

Thats the fallacy of being a trader and a talking head all wrapped up in one. Like they say about giving a forecast: Give them a number or give them a timetable but never give them both at the same time.

The consumer confidence number comes out on the 24th at 1000 EST, last months number was 57.2
 
Week of June 16 - June 20
Date ET Release For Actual Briefing.com Consensus Prior Revised
From
Jun 16 08:30 NY Empire State Index Jun 0.0 -2.4 -3.2
Jun 16 09:00 Net Foreign Purchases Apr NA NA $80.4B
Jun 17 08:30 PPI May 1.0% 1.0% 0.2%
Jun 17 08:30 Core PPI May 0.2% 0.2% 0.4%
Jun 17 08:30 Housing Starts May 1000K 980K 1032K
Jun 17 08:30 Building Permits May 960K 950K 978K
Jun 17 09:15 Capacity Utilization May 79.8% 79.7% 79.7%
Jun 17 09:15 Industrial Production May 0.2% 0.1% -0.7%
Jun 18 10:30 Crude Inventories 06/14 NA NA -4560K
Jun 19 08:30 Initial Claims 06/14 NA NA 384K
Jun 19 10:00 Leading Indicators May 0.1% 0.0% 0.1%
Jun 19 10:00 Philadelphia Fed Jun -10.0 -12.0 -15.6
 
Quote from Chuck Krug:

/sells ES 1359 stop 1361.5
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I don't know what you are seeing, but I see potential strength on 2m chart's histo, of course these patterns don't always work, but 1 thing I try to avoid is to enter in the opposite direction of those 1-3m charts' immediate indications, good luck!
 
Today's a little more difficult to call than Friday. I would say that shorts are favored but I have missed the opportunity so far as I have just looked at the screen for the first time today. I will wait for a retracement or skip the trade in it's entirety. It's always best in my view to have a bias one way or the other so that you are forcing yourself to identify the correct trend. If the trade doesn't arrive, you simply have missed a trade. :)
 
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