ES Journal Archive (2009 - 2010)

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Quote from lurefo:

I started to scale in lightly on the break out above the 1162.75 intraday swing high. Will add more significantly later today depending on price action.
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Fully loaded long now average price 1170

Same stop and targets
 
Quote from lurefo:

Bernanke and home resales at 10 ET. I want to see a bad number and a bullish market's reaction to confirm yesterday's bounce. Will see.
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In progress... despite a very bad number and an immediate down reaction, the market is printing now above the pre-news price. Typical of a bullish trend...

Let's watch how the day plays out, it's not over yet, but a close today above the OR will confirm yesterdays bounce and a new bull trend for at least a few days.
 
Quote from smilingsynic:

1. S1 (just about) to R1 today (just about)
2. Retrace of move from 820 to 740 area stopped right at 50% retrace.
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Yep - a nice bull trap that was.

Tomorrow will be crucial: weekly close below 740, or even below oct '02 lows of 768 opens 550 again...

expect a volatile session tomorrow...
 
Quote from Jahajee:

Weak market. Sellers waiting for any 20 to 30 SPX point rally to short. 740 retest likely before any rally above 800.
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and Obama is talking about the markets.
 
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