ES Journal Archive (2009 - 2010)

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I dont think ES will pass the crash lows. In fact I see a good swing long from this level ~ 1080s





big.chart
 
About the dragon's 1070 prediction:

The cash low was so far 1076.3 and that is as good as it gets, compared that the prediction called for an 80 points move and 74 pts were already fullfilled....

Mind you that 1070 could be overshot by 5-10 points or bounce earlier as so far it did, nevertheless we reached the app. targetzone and from here we could see a decent bounce or even the end of the selloff. The pattern itself doesn't say how big the bounce/rally is going to be.

The 2009 March lows were also predicted by a dragon pattern and I posted it on ET 4 days in advance. I was wrong by 1 day and 12 points, I think... :)
 
I agree. If my account will be emg size I will try bite and hold for 100 point profit - however get in red 10-20 points is easy, few point stops are loss in advance. We bounced from 200 MA but if it will be not retested it is difficult jup to sharp V.
 
my next major support is 67

I see a pretty nice swing long off this, but given that tomorrow is Friday and everyone and their mother will be risk averse, I'm sitting m-loving pretty
 
Quote from Eko_Trader:

but given that tomorrow is Friday and everyone and their mother will be risk averse


'they' prolly factored that in, coincidence or conspiracy :D
 
Quote from Pekelo:

About the dragon's 1070 prediction:

The cash low was so far 1076.3 and that is as good as it gets, compared that the prediction called for an 80 points move and 74 pts were already fullfilled....

Mind you that 1070 could be overshot by 5-10 points or bounce earlier as so far it did, nevertheless we reached the app. targetzone and from here we could see a decent bounce or even the end of the selloff. The pattern itself doesn't say how big the bounce/rally is going to be.

The 2009 March lows were also predicted by a dragon pattern and I posted it on ET 4 days in advance. I was wrong by 1 day and 12 points, I think... :)

i know you`re loaded with opinions & very concerned with being "right"..........my question to you is do you back your opinions with real money?.......hence are you trading dead presidents?
 
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