ES Journal Archive (2006 - 2008)

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Quote from Lawrence Chan:

R1 (95) hold ... R2 (18) in play.

Edit: Just break out of down trendline of the day ... may retest 98 region but it is not bearish until LOD is taken out.
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Looks like we'll get another volatile day of up, down, up moves like last week.
 
If one wasn't able to recognize the delayed ADU, he shouldn't be in the class! :)

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1 hour delay time, otherwise perfect ADU...All I did was I cut off the first hour...
 
Quote from saliva:

Looks like we'll get another volatile day of up, down, up moves like last week.
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890-900 region does not have enough sellers for a reason ... the risk/reward is not as good as something higher like 918-928 region.

Still no compelling reason to go short yet.
 
Quote from Lawrence Chan:

890-900 region does not have enough sellers for a reason ... the risk/reward is not as good as something higher like 918-928 region.

Still no compelling reason to go short yet.
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Of course, even my unreliable crystal ball gave 918 as the HOD for today. The question is will it reverse course at that point? That remains to be seen. However, if we break above that, we could easily see 950 as the next target, and if we shoot through that we're off to the race to 1000 (well, so sez the crystal ball).
 
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