ES Journal Archive (2006 - 2008)

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This is worth a long on the retrace... could get one hell of a rip higher with small risk getting long ~905. So many stops accumulated above the market from this straight down move.
 
Quote from Lawrence Chan:

Need 20 or higher to confirm bottom is in.

20 blocked the way ... may set up for one more move to the down side.

BUT, we are pretty oversold isn't it?

Very confusing :confused:
 
Quote from startraitor:

...have an upside target of 24, hard to reach but looking for short.
26.50 for me. BTW you seemed to have made enough for today. What are you bitching about? :D
 
Quote from Lawrence Chan:

20 blocked the way ... may set up for one more move to the down side.

BUT, we are pretty oversold isn't it?

Very confusing :confused:

40 - 45 resistance. clear as mud.
 
Quote from Lawrence Chan:

Need 20 or higher to confirm bottom is in.

Very confusing :confused:
I pegged the today's bottom at 894-97. It's always upsetting when you give back portion of the profit due to stubborness. :mad:
 
you may still get it,i'm still looking for gap fill to 882,uvol/dvol comparison chart .or peks down all day theory are still set for selloff into close
 
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