ES Journal Archive (2009 - 2010)

[swing-scalper]

Quote from startraitor:

Lack of upside breakout suggest move down, 818 then 800?

Possibly lunch time consolidation and move up in the afternnon.

 

[[Proximo]]

DT (NQ). Short NQ(1193.75 Avg.) . Target YC (1178.50).

 

[Jahajee]

Quote from swing-scalper:

Possibly lunch time consolidation and move up in the afternnon.

looks like another attempt to break out above HOD

 

[Lawrence Chan]

Quote from startraitor:

Lack of upside breakout suggest move down, 818 then 800?

ES is leading NQ today.

NQ range 15 pt
ES range 13.25

NQ is testing a major resistance area directly above where daily MAs, etc. are all there around 1200.

Thus the stalled action.

Based on VIX, upside breakout is more likely.

Edit: NQ should provide the clue should we face a breakdown

 

[Pekelo]

Quote from startraitor:

Lack of upside breakout suggest move down, 818 then 800?

Here comes the 12-12:30 midday top for ya!

 

[startraitor]

short 42, stop over 44, target lod.

 

[[Proximo]]

Took some off (+0.75).

Rest closed (BE)

 

[Lawrence Chan]

Quote from Pekelo:

Here comes the 12-12:30 midday top for ya!

10 mins to 12:30 ... and if it is a bit extended into 12:45 ...

 

[Pekelo]

By the way we have an upside down dragon, best seen on the NDX chart...

Edit: Here it is:

Height was 14 pts, but for upside down dragon the 3rd top goes usually just the 80-90% of the height, this time it went up 11 pts from the Failure point....

 

[startraitor]

stopped out,

Quote from startraitor:

short 42, stop over 44, target lod.