ES Journal Archive (2009 - 2010)

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Now I want to answer the other Blackguards challenge.

I am working off of the following chart. My prediction is that either the pivot point for price is now. I highly doubt this because the last 3 days was a strong move up. Im seeing a lot of guys around me get real short which is oftentimes a sign that the uptrend is still in place.

I believe the next pivot will be at 1228. Price is going to explode over the gap in trading causing massive short covering. At 1228, then we will probably go lower from there because the shorts will be exhausted.

There is your 200+ point call. Mark it here.


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Quote from tracer619:

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No, I am Spartac... I mean Blackguard!

P.S.: Moron was put on Ignore. Would you mind sticking to one screenname, because I already put 3 of yours on Ignore and it is getting TEDIOUS!!!
 
The market is pretty choppy after last week's huge run-up, and we don't have any major reports coming out today.

Given the general bullish (up) tone to the market, we may get a runup to the PP at 1036, but unless it firms up, I'm not sure that I'll be playing today.

Good trading.

Edit: R1 is 1036
PP is 1016
 
Quote from MandelbrotSet:

The market is pretty choppy after last week's huge run-up, and we don't have any major reports coming out today.

Given the general bullish (up) tone to the market, we may get a runup to the PP at 1036, but unless it firms up, I'm not sure that I'll be playing today.

Good trading.

Edit: R1 is 1036
PP is 1016
More...


r10 signal as well. And 10:30 looms
 
Quote from volente_00:

r10 signal as well. And 10:30 looms
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Yep

With 1036 representing resistance and 1016 as support, I'd say we most like trade within that range today (all-in-all, a pretty safe bet).
 
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