ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

Funny, I have not seen this pattern for years ....

Adam and eve. Neck line at 60. If broken, target 46.

Strong support on the daily in the low 850's

support to build out the right shoulder for a H&S ?
 
Critical moment here.

Wave's plan involve buyers at this level, they better show up fast and defend 60. Then big time rally on its way.

Otherwise, 846 today is not out of the question.
 
Quote from BoyBrutus:

Strong support on the daily in the low 850's

support to build out the right shoulder for a H&S ?

Bears are having a hard time to take the mkt lower.

Certain tricks must be used to scare the bulls away.

Or, force them to puke their positions unexpectedly :)

Edit: Check with Vol on H&S ... somehow his target area matched the chart pattern I see, not comfortable with that. :D
 
Quote from BoyBrutus:

Strong support on the daily in the low 850's

support to build out the right shoulder for a H&S ?
There should be a support near 853.

Right shoulder? H&S? Sorry, but I don't see it. Care to post a chart?
 
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