ES Journal Archive (2009 - 2010)

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as you can see -- market failed several times at 820
820 to 825 is a strong band of resistance

However, the 5min chart is looking positive for bulls... the kiss up and cross above zero line

Lets see if it can break above this time...

or if it fails then back down to LOD
 

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Quote from volente_00:

No hope here.


Faith runs deep when probability is on your side.

Between now and eod the probability is very high that cash will go to 830 min with a good chance at 840.




DEMBOYZRBRUTAL2DEMSHORTIES



:)
 
Quote from Jahajee:

as you can see -- market failed several times at 820
820 to 825 is a strong band of resistance

However, the 5min chart is looking positive for bulls... the kiss up and cross above zero line

Lets see if it can break above this time...

or if it fails then back down to LOD


As you may have seen ES broke above and then above 825

Looking at hourly chart - higher low, so now it must make a higher high, that is a bar closing above 844. Note the MACD is also baout to cross up IF ES holds above 830 approx

844/847 is another strong resistance area.

IF mACD does not cross then it can go back to LOD in a hurry
 

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