ES Journal Archive (2009 - 2010)

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Now that we've busted out of the bearish wedge pattern for good, I'm looking for the target of 905-ish, which is where the bridge to nowhere meets the inclining trendline from December.
 
......jane said dick see how spot ran up the hill way up then down some......nq.....emini.....es overtraded...still big money deal.......more cars big money nq....ym is practice market.....i do not drink booze or smoke dope like many here do.......i just have the correct answers for eminis.....all of them...... hard earned at that........9 oclock and 2 today end of it......pre market/noontime/late day playing is what they like...u make a little they take it back........happy trading partners...
 
Quote from swing-scalper:

It seems thas as Fed cuts interest rate to almost zero, the volatility of post-FOMC announcent is also waning. Lackluster FOMC day, to say least.
No commitment from both bulls and the bears alike. But I think traders are in a wait-and-see mode about how Uncle Sam will rescue the toxic-filled asswipe banks.
 
Quote from porge:

......jane said dick see how spot ran up the hill way up then down some......nq.....emini.....es overtraded...still big money deal.......more cars big money nq....ym is practice market.....i do not drink booze or smoke dope like many here do.......i just have the correct answers for eminis.....all of them...... hard earned at that........9 oclock and 2 today end of it......pre market/noontime/late day playing is what they like...u make a little they take it back........happy trading partners...
Very poetic, dick. Or was that Jane? :D
 
CRITICAL JUNCTURE:

Daily SPX ... MACD not crossed above but about to do so.
Could cross or kiss down.

Also, SPX at 20 and 50 MA

Chande Oscillator just above zero and Awesome 5/34 still below zero
 

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that was one or the other saliva, my memory is failing at 85 years old.......be kind to your elders....seriously, today was good and the fomc is always not worth the emtional capital required to benefit from it for me..i am not a panic trader...........wish you and others will make millions of dollars doing what you obviously enjoy .....
 
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