ES Journal Archive (2009 - 2010)

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At 3% drop, it is not that easy to take out 12-13.

It is also the 50% of RTH.

If 12-13 sell off leads to new low today, you can expect 680 by close.
 
Quote from Lawrence Chan:

At 3% drop, it is not that easy to take out 12-13.

It is also the 50% of RTH.

If 12-13 sell off leads to new low today, you can expect 680 by close.

YES!
Let's have a 30 point whoosh down to end the day.
This is too quiet for a bear market low or even a ST low.
 
Quote from Lawrence Chan:

At 3% drop, it is not that easy to take out 12-13.

It is also the 50% of RTH.

If 12-13 sell off leads to new low today, you can expect 680 by close.
As long as we close above 709 on the 5-minute chart, the bulls should feel safe.
 
Quote from Jahajee:

YES!
Let's have a 30 point whoosh down to end the day.
This is too quiet for a bear market low or even a ST low.
Jaha, this is how the REAL panics are made. Remember what happened in October just prior to that massive selloff? I bet it took more than just a few bulls by surprise.
 
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