ES Journal Archive (2006 - 2008)

[Pekelo]

Quote from startraitor:

Looking for 900+ tomorrow,

If we follow the dragon failure, I am looking for -50 at least for Monday...

 

[saliva]

Short @ 869

Stop near 872-ish

 

[ammo]

i'm followin the fade that whatever makes sense is a lie,so i'm long here e867 and goin to bed ,832 stop, 902 offer

 

[Spectre2007]

early 2009 market has potential to rally up to those lines...1180-1220

 

[Buy1Sell2]

Long 854.75

Initial stop 849.00

 

[Buy1Sell2]

Quote from hpeganz:

I t would be nice if you could explain the reasoning behind this call.

Thank you!

Trade was with the swing trend and the super swing trend on a pullback. The profit taking was when the market showed me a failure to break through the earlier highs.

 

[Lawrence Chan]

USD/JPY trying to put in a higher low on daily ... critical for the direction of ES today.

If it fails, we get a 3rd lower high breakdown on USD/JPY, implying a melt down in ES.

 

[Buy1Sell2]

Quote from hpeganz:

I t would be nice if you could explain the reasoning behind this call.

Thank you!

The trade was made with the swing trend and the super swing trend. The profit was taken when the highs from earlier in the day were not surpassed.

 

[Jahajee]

Targets on the downside: 842, 828, 798
I think we may go to 798 today.

Upside targets -- stiff resistance at 872/876, 884, and 900

Possible VR day (V Reversal) but not after
heavy selling.
This may be a positive week with SPX rallying to 975 or higher.

 

[Lawrence Chan]

One thing positive for the ES is that those issues that keep going lower, like the financials, are much less important in terms of weighting in the index.

That will eventually translate into stronger bounces ...