ES Journal Archive (2009 - 2010)

[volente_00]

Quote from Lawrence Chan:

SPX 930 is long term daily SMA level now, dropped 20 pts since the day month high was made.

And 20 pts today going up there sounds good. =)

DT's on ES, how about 15 - 20 points lower from 913 from the r10 crew.

 

[Lawrence Chan]

And a very good formation to the upside is also the reference point to go short.

If 898 or lower is breached from now, weekly top is likely in place.

 

[Lawrence Chan]

Quote from volente_00:

DT's on ES, how about 15 - 20 points lower from 913 from the r10 crew.

I like that too.

 

[Now is Now]

Got stppd out last night 908.00...BE on 1 contract...it was worth a try....feel< 896.00 looks good chance today, especially if Euro backs off...

 

[Lawrence Chan]

Reaction to 13 area is expected.

But gunning for PP ... means breaking the support level.

Will they do it on a month end?

 

[Now is Now]

Quote from pocketmoney:

closing here at 906.5 for plus 5 points

Nice trade...keep it up and you can buy Man United....

 

[pocketmoney]

Quote from Now is Now:

Nice trade...keep it up and you can buy Man United....

lol. I support Man U. Got taught a lesson by Barcelona this week tho

 

[volente_00]

Quote from Lawrence Chan:

I like that too.

r10 bulls are putting up a fight


looking for failure at 50% around 908

 

[Lawrence Chan]

Quote from volente_00:

r10 bulls are putting up a fight


looking for failure at 50% around 908

That's previous day high.

But previous day close is right below acting as support.

What a mess. =P

 

[tomahawk]

Today would be the last opportunity to "sell in May". That would seem to be the 'obvious' move.

Therefore we could very easily close higher.