ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Unlimited demand at 86 area.

Isn't that interesting?

 

[satchel]

Glad got short. Perfect fail 88. looking for swipe of zone 980 --> 975

 

[Lawrence Chan]

NQ retest of its ORH likely.

May drag ES down a bit more.

From there,

1. ADU resume, we will see new high for the day.

2. ADU failure, will see the gap below filled before close.

 

[[Proximo]]

Still holding lowering targets.

NQ/ES ----> 1578.00/984.25.

 

[ivanbaj]

Quote from Lawrence Chan:

Unlimited demand at 86 area.

Isn't that interesting?

Are you sure. I don't see it on my POS software. But it is hanging in there.

 

[jason586]

Quote from jason586:

Try again - Short (2) 987.25

Add (2) 988.50 - Stop 989.50

I'm with you, out half (2) @ 87.75.

Out (1) @ 986.25, (1) left

 

[sttrader]

Quote from Lawrence Chan:

Unlimited demand at 86 area.

Isn't that interesting?

Right at 987 on SPX. Not a coincidence.

 

[ivanbaj]

I am out.

Edit ZB and ZN not looking good.

 

[Lawrence Chan]

Quote from ivanbaj:

Are you sure. I don't see it on my POS software. But it is hanging in there.

Since 986 was taken out from below this morning, every attempt to break it failed, until the one we just got few minutes ago.

And it is only 2 ticks below 86 and they already bought it up 3 ticks.

 

[[Proximo]]

Watching 1580 NQ. ----> If it holds then new highs. -----> If it fails then 1577 is next. ----> If that fails then we may have a reversal.