ES Journal Archive (2009 - 2010)

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Quote from smilingsynic:

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.

If we do get a top before 3 pm, we should see a thrust with significant volume.
 
Quote from Pekelo:

Holy Smoky, it has been 16 months since I first posted this strategy:



Futures at cash close were 802, currently 816, that is money made while you were sleeping... :)

If we rally into the bell today, does this hold true to be short at the cash close today?
 
Finally, markets covered that BIG RED candle and made new highs. What now?
If close of this bar holds above 820, then the hourly uptrend is intact and next resistance is 832, and then 847.

The pattern suggest a meltup last hour is quite possible.
 
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