ES Journal Archive (2009 - 2010)

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Quote from lurefo:

Exactly, this looks like consolidation in an uptrend. The odds are that we break to the upside and to me so far, price action is confirming this scenario.

Also, NQ looks even more bullish than ES.

904 is a key area in this battle.
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The strength of this run up can only last til tomorrow.

And defending ES and Dow to print net up for the year by month end is indeed a good plan.
 
My gut feeling is that the 3.41 express is going to fly through to 890's....I think the longs will be looking for a "short sale"...if this happens before 3.41 ...all bets are "off"..
 
Quote from Lawrence Chan:

Sal,

You should have some confidence in my sell zone =)

And the timing too. =P
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You know I do. It's only that these unscrupulous trannies have totally screwed up my head.

:D
 
the market is the government.. last I checked...

honestly... how many traders are left.. in terms of retail trading this stuff....

1) funds
2) banks
3) government

number 3 is basically dictating what the first 2 do...
 
Quote from Spectre2007:

the price action itself can be engineered to dress up a pig.....

buts its still a pig.
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Wether it's a dressed up pig or not doesn't make any difference to me. Price is price... That being said I'm trailing my last babies here with enough room for consolidation.

Bring on the pig! :)
 
Quote from lurefo:

Exactly, this looks like consolidation in an uptrend. The odds are that we break to the upside and to me so far, price action is confirming this scenario.

Also, NQ looks even more bullish than ES.

904 is a key area in this battle.
More...

I agree. I think we may break out to the upside. Volume is higher on the up days than down. But the chance of a BO that runs out of buyers is high. I will be awaiting the juicy short that may be brought to the table. We shall see, no doubt a test of right under 920 is in the works asap.
 
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