ES Journal Archive (2009 - 2010)

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Quote from trackstar:

Still no real selling. weird. Gotta grab gains quick in this market.

There was no buyer either on that failed ES breakout. NQ was weak all afternoon and it's been forming a huge H&S since 04/24 with a neckline at todays low, 1354.25.
 
Daily chart looks pretty overbought & a substantial retracement is very near ImPO, perhaps tomorrow. A break of 830 zone SPX ought to serve as confirmation of validity of current H&S/DT.
 
ES is experiencing same buying program today indentical to the one a couple of weeks ago. The chart is as identical as you have just copied it. Money making machine...
 
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