ES Journal Archive (2009 - 2010)

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If the bulls are back they must win the 200 day back.

This is either 1095 or 1111 on cash depending on if you use simple or ema. I have always leaned with the ema.

Also the 50% would come in around 1115.
 

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Quote from FirstDegree:

Goldman Sachs sold 600-700 contracts at 1094 and stopped the ES in its tracks.

The floor traders were looking at 84.50 as resistance, but since the market gapped higher, it turned into support.

One guy is looking at 97.75 to 98.25 as resistance.

http://www.youtube.com/watch?v=hskGK65nYLs

nice find FD......often pays to go with GS rather than fade `em....short term,anyway.
 
Quote from Eko_Trader:

AMMO, do you see any signs of a trend day?

Thanks.

Since last Weds we've been pretty much shooting up at the open, sell off around 10 to about the AH lows, and spend the rest of the day grinding to the daily highs. Today looks different, ,someone mess with the bots?
probably a trend day , we'll see if it rallys into close
 

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Quote from Spooz Top:

nice find FD......often pays to go with GS rather than fade `em....short term,anyway.

Goldman is recommending to "not participate" in this rally - whatever this in Goldman language means...
 
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