ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from pulsescan:

********ALERT************

MAJOR SELLOFF IS POSSIBLE INTO THE CLOSE!

take caution!

60min chart is showing signs of a possible downside cross that will take ES back down below 900. Also crosses on the 15min chart could take ES below 200 period MA.

If your Long or looking to get Long, take caution!


Although..........I have been wrong before:D
But I don't think so this time.

:)

Argh! The "M" bottom today really put the screw to my head. "Third time's a charm..." (usually). I don't expect M bottom's to hold! There was even a magic tick confirmation.

I was short the farm and it blew up in my face. Did not have the gumption to reverse at that point and threw in the towel with a loss on the day. Rough trading day...

Stone
 
If my time- and price-based targets for the next few months are correct - a rally to the 1100s until the next leg down in January - we should start seeing the stairstep/sawtooth pattern on the 60min charts. The price patterns we're now seeing last occurred in July. IMHO tomorrow will see a step up to the 910-1010 region.
 
Little afterhours fun, could have timed the entry a little bit better but thought it was a sound trade.

Anyone think posting charts with annotations is better than posting the calls in text format, I just think they are more informative and precise.

Time for little rest so I can be ready for RTHs.

TV
 

Attachments

Status
Not open for further replies.
Back
Top