ES Journal Archive (2006 - 2008)

[startraitor]

Just covered this at $48.30 from $43.37. That margin is a big nut.

Quote from startraitor:

The 1st time since late august trading oil, getting long, very small and looking for $50+. Stops under $40.

Point being good for indexes...

 

[Pekelo]

We have a giant ascending triangle with the 3rd try to break higher...

 

[Anna K.]

Quote from Pekelo:

We have a giant ascending triangle with the 3rd try to break higher...

triangle finally broke down

 

[dumb_mother]

short 898 target 883 stop/reverse 904

 

[Jahajee]

First real break below the major intraday trendline

also momentum oscilator has been above zero line since 10 am
but is now slipping below (look at very last bar in seconf panel)

 

[dumb_mother]

Quote from dumb_mother:

short 898 target 883 stop/reverse 904

covered 895, gonna wait for stronger trend near end here

 

[Lawrence Chan]

NQ formation over the past few days is more consistent with spike and ledge where the ledge bottom at around 1200 was tested 4 times. That is bearish.

ES and YM show down side ledge pointing to possible much higher prices should their ledge tops get a clean break. This is bullish.

Since there is no news or event to trigger a direction yet, we probably will travel back to 884 or the projected ledge bottom at 872.

 

[ammo]

notice daily djtrans starting 11/21

 

[ammo]

Quote from ammo:

add 900, avg 97

partial cover 91

 

[Lawrence Chan]

5th time holding up for NQ?

Please no!!!!