ES Journal Archive (2009 - 2010)

[Pekelo]

There is a good chance we have reached the top today at 1075 SPX. The reason I am saying this is because we have just completed an imperfect dragon pattern on the daily chart and longer term trends tend to end in this formation. (posted in the dragon thread)
I should have noticed the pattern 2-3 days ago, but its imperfect nature made it harder to recognize. My bad....

 

[saliva]

Short 57.25

Profit target 52-ish
SL 59.50

 

[volente_00]

Quote from saliva:

For me, it's more like 1035-1040 CASH.

For tomorrow ?



I'm sticking with 1055 cash, if you get lucky 1051-1053 which will get you 46- 48 es.

 

[saliva]

Final trade of the night

Short 1060.75
SL 1063.50

Otherwise, profit target as before: 52-ish

 

[saliva]

Quote from volente_00:

For tomorrow ?



I'm sticking with 1055 cash, if you get lucky 1051-1053 which will get you 46- 48 es.

I suppose 10 point drop is considered HUGE these days after all. Even the once powerful trannie lion king has become a puny, and yes neutered, kitty. Meow!

 

[ASusilovic]

Quote from Pekelo:

There is a good chance we have reached the top today at 1075 SPX. The reason I am saying this is because we have just completed an imperfect dragon pattern on the daily chart and longer term trends tend to end in this formation. (posted in the dragon thread)
I should have noticed the pattern 2-3 days ago, but its imperfect nature made it harder to recognize. My bad....

You should form a "dragon alert" watchdog....

 

[ASusilovic]

Beautiful Fibonacci Chart 240 min...

 

[lexcorp]

effortless 10 point rally from the overnight lows there
market is stronger than ever. Long side is the correct side.

 

[pcvix]

Opening gap and fade?

 

[Lawrence Chan]

Op ex.

75 or 50?