ES Journal Archive (2006 - 2008)

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Quote from vertigo3 (morning of Thurs Dec 11):

I have been reviewing a 5 minute chart of the S&P 500 cash.

Can someone out there please look at cash S&P 5min on Friday Dec 5 and tell me whether you see a gap near 2:40 or 2:45 that afternoon. in the 853-851 area

thank you
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Intraday gaps are pretty rare.

Did anyone out there happen to notice what the RTH Low was for the cash S&P 500 on Friday Dec 12?

This is just purely coincidence and is considered singularly useless by some. Yeah, ok, useless. a real curiosity, though, huh?

"Markets are never wrong; opinions are." -J.L.Livermore
 

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This week: FED will cut rate tomorrow
Options Expiration - triple witching Thurs/Fri

Seems to me markets will be sideways to up into Fed decision then down into OPTION expiration and for the rest of the year.
 
Quote from Jahajee:

This week: FED will cut rate tomorrow
Options Expiration - triple witching Thurs/Fri

Seems to me markets will be sideways to up into Fed decision then down into OPTION expiration and for the rest of the year.

If daily/weekly down trend is intact, today, we need to see the mkt going lower. Otherwise just stop running on many long term shorts will take this higher.
 
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