ES Journal Archive (2009 - 2010)

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Quote from Jahajee:

I think we are at or near the end of this move down.

Rally for about a week, or until end of month, then another leg down.

But I could be wrong.

Maybe, op ex wanted 850 or higher on friday close, that's all.
 
Quote from Jahajee:

I think we are at or near the end of this move down.

Rally for about a week, or until end of month, then another leg down.

But I could be wrong.
One thing is for sure. Until yesterday, the bull/bear ratio seemed lopsided in favor of the bulls. However, the playing field feels more leveled today.
 
Will the bulls prop up the price above 840 for the next 10 minutes? If it can, there's a good chance they'll wrest the ball from the bears. We shall see.
 
Quote from smilingsynic:

Is that a BULL FLAG I see?

And an imminent retest of the opening range low on the ten-year, the refuge for risk-averse traders?

If ES prints 837.00, then no strong close today, most likely.
 
Quote from Lawrence Chan:

Can we snap out of SDD?

Sure, happened 3 days ago. If we don't break down around 2 pm, the next hit of the upper BB is a good long entry. Now 3 days ago we still reversed after 3 pm...
 
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