ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
There is a possibility of dragon pattern forming on the daily chart. We made a double bottom on the 15th and 20th, the height was 40 points.

The failure could occur just around now 820ish (cash) and the projected 3rd low would be 780ish....
 
Quote from ammo:

sh 17
More...

the charts layout looks pretty good.
What is the charting software used and data provider. I see same charts with other in this forum ( jahajee ...)

appreciate input
 
Quote from Lawrence Chan:

Even with the shock, they failed to take it down to 04, so the last swing high zone around 24 is in play.

PP holds imply possibility of seeing R1 at 32.75
More...

Yes, but it's gotta get by the intraday high first.

This day is looking more and more like an inside day. Inside days represent consolidation, and likely a retest of 797.50 low tomorrow.
 
Quote from riskymove:

Not saying its going to happen but we seem to be at a do or die level for the market. And since we came down and closed the gap from overnight, we have POSSIBLY set ourselves up for some type of tide turning rally. Granted I am not saying it is coming but the big technicians (on longer term timeframes) will be watching this and IF it holds, technically we dont need to come back down to fill the gap.

That being said I am skeptical but I am cognizant of it and and currently long from low 800s.

For the journal I am long at 805. Stop is now at break even.
More...

Out half of position at 19.25 respecting previous high of day. Will hold the rest for now.
 
Quote from InvestVision:

the charts layout looks pretty good.
What is the charting software used and data provider. I see same charts with other in this forum ( jahajee ...)

appreciate input
More...
think or swim,free with acct,sh 18,offer 21 stop 23,they don't always work out but there is a ledge at 807 that needs to be revisited and trade beneath
 
Soccer coach: Hey Mr. Adu, have you done your exercises today?
Adu: Yes coach...
Coach: Let me see... Top at 10 am?
Adu: Check
Coach: Bottom around 11 am?
Adu: Check
Coach: Midday top between 12-12;30?
Adu: I was a bit late on that one...
Coach: OK, afternoon bottom between 1-2 pm?
Adu: Check.
Coach: Rally into the close?
Adu: In progress...

Coach: good man, good man....

brought to you by pekelo trading....
:cool:
 
Status
Not open for further replies.
Back
Top