ES Journal Archive (2009 - 2010)

[startraitor]

Jeez! 1010 today assuming we take out yesterday's low. Assuming inside day till then.

 

[Airwaves]

Good chance that we just keep crashing for a week or 2 maybe?
Everyone is saying that we are in the middle of a big head and shoulders and will be plummmmeting for a quite a while.
No buying for me!

 

[gobar]

typical market action

goes lower till 10 taking out yesterdays lows and then around 10 AM or 2 PM market goes up and closes green

 

[ammo]

todays up for grabs,but if we dip lower,there's a1007 cash supp from an old gap on the monthly that was filled on this last 1 year rally ,may or may not be a temp supp/bounce on a dip ,breaking that next week,there is another gap below on chart

 

[volente_00]

Quote from Airwaves:

Good chance that we just keep crashing for a week or 2 maybe?
Everyone is saying that we are in the middle of a big head and shoulders and will be plummmmeting for a quite a while.
No buying for me!

Watch the neck closely. If we stay under it then more selling will ensure. Bulls will need a good move up and close above it to void the pattern.

 

[kinggyppo]

long spy 104.05

 

[ammo]

theres a 102 89 in spy

 

[startraitor]

short 35.50, 10 point stop

 

[pokito]

Quote from ammo:

theres a 102 89 in spy

what do you see for Eur/USD..?

 

[kinggyppo]

Quote from kinggyppo:

long spy 104.05

flat 104.67