ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from startraitor:

I had a 107.13 close on the 6th and 107.22 low on friday on my spy data, close enough? Given all the dividend adjustments on the index end of year it is a very tough call but I think they like to make a point of completing it on all underlying and instruments regardless. Still a couple points lower if the es is going to do it, but I would not fade the bounce to find out at this point.

i apologize, i take a gap to mean something different then. spy's high on 11/6 was 107.4 which wasnt seen again until last friday.
 
Quote from startraitor:

I had a 107.13 close on the 6th and 107.22 low on friday on my spy data, close enough? Given all the dividend adjustments on the index end of year it is a very tough call but I think they like to make a point of completing it on all underlying and instruments regardless. Still a couple points lower if the es is going to do it, but I would not fade the bounce to find out at this point.
there are 2 lines down there one at 1071 and another at 1066
 

Attachments

Quote from wave:

The Euro is on it's way to getting back to parity with the dollar.
Gold tanked above 1200.
S&P has provided you with a nice dip to buy and hold back to 1200 and some.
Then you should start planning to short the market.

Wave, aren't you contradicting yourself?

Euro going to parity now ES will flush to 1000 at the current panic rate.

Maybe you are talking about something of different time horizon?
 
I believe in this situation the 200 EMA on SPY will be tested (around 104.80 now) in next very few days. I think it is unavoidable.

If it will not hold than gap at 90.55 seem next very attractive target.
 
Status
Not open for further replies.
Back
Top