ES Journal Archive (2006 - 2008)

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I think shorts over until we see 865 area.


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Quote from Pekelo:

This 838-40 range was a big support yesterday almost all day, and today it acts as resistance. If we break through it shorts will be smoked for good...

With a little stretch, we could say that we closed the gap (only 2-3 pts left), so that is not a problem, except the earlier gap of 800-810, but I guess bulls were just to eager to buy...
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Quote from Pekelo:

This 838-40 range was a big support yesterday almost all day, and today it acts as resistance.
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You mean for about 2 hours, not to mention that they occured in the lunch time chop zone.
 
there was a 44 support for a while befor it broke and held 40,30 min spx starting last tuesday setting up,making right shoulder now for h&s
 
Quote from saliva:

You mean for about 2 hours, not to mention that they occured in the lunch time chop zone.
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Sure, if you like late lunch. :)

It was between 12:45 and 15:15, but whatever rocks your boat....

Looks like the rangebreakout won against the upside down dragon....
 
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