ES Journal Archive (2006 - 2008)

[Anna K.]

Quote from Spectre2007:

look at the candles .. see anything different then the previous trading sessions.

we didn't make a new low... yet ?

 

[Spectre2007]

markets trying to do revert to mean on the candles.

 

[ggoyal]

no mans land. if it can hold above 970 level. will look to go long

 

[fibaddict]

The crash has not even started.

Do not try to go long.

JMHO.

 

[ggoyal]

its tough right now. i wish i logged on quicker to catch some of that morning wave down. only up 3 points right now.

 

[tommymoose]

This thread is getting cluttered

 

[Pekelo]

On the extended 5 days chart we have a nice double bottom with RSI divergence, so as a minimum we should go up to 995 (cash), before we fail... 995 is the half of the W....

If we make it there and fail, that's a dragon again, and the projected fall from there is 50 points...

Also today's chart started to look like an ascending triangle.

Edit: Here we go...

 

[Pekelo]

I spoke too early and that probably scared the market. Now we are drifting slowly out of the triangle on the other side, it is ascending triangle vs. SDD timeline battle...

 

[JSSPMK]

L975.25, s~3, h/s-10

off 10m chart

Scaled out 2/3 +4.25

h/s to 975.25

 

[ggoyal]

wow. that 97 level is becoming real significant