ES Journal Archive (2009 - 2010)

[Pekelo]

Ladies and gentlemen, we have just reached the low (SPX 780) projected by the daily dragon pattern, this chart was posted yesterday:

Quote from Pekelo:

/B]

We should have a bounce from here, BUT! The pattern doesn't say how big of a bounce. It could be anything like 5-10-20 pts or even the bottom for this downtrend. There is no way to tell...

 

[saliva]

Going back in at 79.25

 

[volente_00]

Someone had better get that 10:30 crew fired up

 

[nashlow]

Quote from Pekelo:

Ladies and gentlemen, we have just reached the low (SPX 780) projected by the daily dragon pattern, this chart was posted yesterday:



We should have a bounce from here, BUT! The pattern doesn't say how big of a bounce. It could be anything like 5-10-20 pts or even the bottom for this downtrend. There is no way to tell...

Pek, are your projections always this accurate? Thanks, I owe you the last trade

 

[Jahajee]

Quote from Jahajee:

bot 1 @ 78.75

clsoed 2 @ 82.75

 

[kinggyppo]

long spy 78.70 no stop still holding other position.

 

[saliva]

Quote from volente_00:

Someone had better get that 10:30 crew fired up

Vol, I hope you're enjoying my company while I chummy up to your trannies because it ain't going happen very often.

 

[princessa]

Quote from Pekelo:

Ladies and gentlemen, we have just reached the low (SPX 780) projected by the daily dragon pattern, this chart was posted yesterday:



We should have a bounce from here, BUT! The pattern doesn't say how big of a bounce. It could be anything like 5-10-20 pts or even the bottom for this downtrend. There is no way to tell...

great call, pek!

780 is also a level showing good confluence with S1 on pivots.

 

[Pekelo]

Quote from nashlow:

Pek, are your projections always this accurate?

Only when I use my other handle, AMTSW4....

Edit: We bounced from 1 point higher, 778, currently 786

 

[saliva]

Quote from saliva:

Going back in at 79.25

Out at 86.25. Will look for another buying opportunity at lower price